3840 Baldwin Ave, El Monte, CA 91731
sale
$2,988,000
|
Other
Courtesy Of Rhea Bai
Excellent investment opportunity in the City of El Monte. This income-producing property features 7 rental units across 6 buildings on a spacious 26,248 SF lot, offering a rare combination of stable 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. Current rental income provides immediate returns while still offering future rent growth potential. Situated in a convenient location near shopping centers, restaurants, schools, public transportation, and major freeways, the property benefits from strong rental demand and excellent accessibility. The expansive lot provides exceptional long-term value and may offer future expansion or redevelopment opportunities. A rare opportunity for investors seeking strong income, value-add potential, and long-term appreciation in the heart of the San Gabriel Valley.
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Property Features
- Age: Over 50 Years Old
- Appliance: Gas Range
- Building Units: 7
- Fireplace: Fireplace
- Floors: 1
- Heating System: Natural Gas
- Heating System: Wall Furnace
- MLSID: WS26128184
- Rooms: Bathroom 6
- Rooms: Laundry Room
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- Rooms: Bedroom 7
- Rooms: Bedroom 6
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bedroom 9
- Rooms: Bedroom 8
- Rooms: Bathroom 1
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