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$2,988,000 Sale
Listed 116 days ago
3840 Baldwin Ave
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Key Facts
Key facts for 3840 Baldwin Ave
Property Type
Other
Parking
0 garage, 0 parking
MLS #
WS26128184
Size
-
Basement
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Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1951
Maintenance Fee
-
Description
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 renovatio...ns 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., Directions:East of Temple City Blvd, South of Lower Azusa Rd.
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Listing courtesy of: RE/MAX PREMIER/ARCADIA