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For sale
  • Listed by: RE/MAX PREMIER/ARCADIA • GUIFENG PENG • Contact: 618-808-6666
    $2,988,000

    3840 Baldwin Ave, El Monte, CA 91731

    13beds
    10baths
    4,236sqft
    : 
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    Mixed Use
    Built in 1951
    -- sqft lot
    $-- Zestimate®
    $705/sqft
    $-- HOA

    What's special

    Modern finishesNew flooringFresh interior paintNew kitchensUpdated bathrooms
    Excellent investment opportunity in the City of El Monte. This income-producing property features 7 rental units across 6 buildings situated on a spacious 26,248 SF lot, offering a rare combination of current cash flow and long-term upside potential. Ownership has recently completed full renovations on four units, including new kitchens, updated bathrooms, new flooring, fresh interior paint, and modern finishes, significantly enhancing tenant appeal and rental value. The property provides stable rental income with additional upside through future rent growth. Conveniently located near shopping centers, restaurants, schools, public transportation, and major freeways, this property benefits from strong rental demand and excellent accessibility. The expansive 26,248 SF lot adds significant long-term value and may offer opportunities for future expansion, redevelopment, or additional improvements, subject to buyer verification and approval from the City of El Monte. A rare opportunity for investors seeking immediate income, value-add potential, and long-term appreciation in one of the San Gabriel Valley’s most desirable rental markets. Property is being sold in its present AS-IS condition. Buyer to independently verify all property information, including unit count, square footage, zoning, permits, and future development potential.
    26 days
    |
    138
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    GUIFENG PENG DRE #02160587 618-808-6666,

    RE/MAX PREMIER/ARCADIA

    Source: CRMLS,MLS#: WS26128184MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 13
      • Bathrooms: 10
      Heating
      • Natural Gas, Wall Furnace
      Appliances
      • Included: Gas Range
      • Laundry: Washer Hookup, Inside
      Features
      • Has fireplace: Yes
      • Fireplace features: Gas
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 4,236
      • Total interior livable area: 4,236 sqft

      Property

      Features
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: None
      Lot
      • Size: 0.6 Acres
      • Features: 11-15 Units/Acre, Back Yard, Front Yard
      Details
      • Parcel number: 8578008027
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Mixed Use
      Condition
      • New construction: No
      • Year built: 1951

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Sidewalks
      Location
      • Region: El Monte

      Financial & listing details

      • Price per square foot: $705/sqft
      • Tax assessed value: $1,768,679
      • Annual tax amount: $26,125
      • Date on market: 6/18/2026
      • Listing terms: Cash,Cash to New Loan,1031 Exchange

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,731/mo

        Price history

        DateEventPrice
        6/18/2026Listed for sale$2,988,000+75.8%$705/sqft
        Source: CRMLS #WS26128184 Report a problem
        5/18/2023Sold$1,700,000+20.1%$401/sqft
        Source: Public Record Report a problem
        11/28/2018Sold$1,415,000$334/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$26,125 +5.2%$1,768,679 +2%
        2024$24,845 +12.8%$1,734,000 +14.3%
        2023$22,017 +4.5%$1,517,162 +2%
        2022$21,074 -1.4%$1,487,415 +2%
        2021$21,364 +0.3%$1,458,251 +1%
        2020$21,291 $1,443,300 +2%
        2019$21,291 +236.8%$1,415,000 +341.7%
        2018$6,322 $320,369 +2%
        2017$6,322 +2.6%$314,088 +2%
        2016$6,162 +2.5%$307,931 +1.5%
        2015$6,013 +3.7%$303,306 +2%
        2014$5,801 $297,366 +5.3%
        2010-- $282,404 +14.4%
        2002-- $246,762 +4%
        2000-- $237,182
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 91731

        Getting around

        70 / 100
        Somewhat Walkable
        63 / 100
        Good Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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