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Seven-Unit Apartment Building
For Sale
$2,988,000

3840 Baldwin Ave, El Monte, CA 91731

COMMERCIAL - El Monte, CA

Property SizeContact for details
Lot Size0.60 Acres
Days on Market67

Property Features for 3840 Baldwin Ave

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 7, Bathroom 3, Bathroom 5, Bedroom 8, Bedroom 9, Bathroom 4, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 6, Laundry Room, Bedroom 1
Fireplace 1
Appliances Gas Range
Lot features 11-15 Units/ Acre, Front Yard, Back Yard
Directions East of Temple City Blvd, South of Lower Azusa Rd.
Subdivision 619 - El Monte
Standard status Active
APN 8578008027
Lot size 0.60 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace, Natural Gas
Water source Public

Building Details

Year built 1951
Floors in Building 1
Number of units 7
Listing Agency: RE/MAX PREMIER/ARCADIA · RE/MAX International
Listed By: GUIFENG PENG · License #02160587
Added: Jun 1 Changed: Aug 4 Last Checked: Aug 6 at 1:06AM
MLS# WS26128184

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This seven-unit apartment building features rentals across six separate buildings, situated on a 26,248 SF lot (0.6026 acres). Built in 1951, the property includes public water and public sewer service. Heating is provided by wall furnaces with natural gas, and in-unit amenities include a gas range. A fireplace is also noted.

Ownership has recently completed full renovations on four of the units. Renovation work includes new kitchens, updated bathrooms, new flooring, fresh interior paint, and modern finishes.

Located at 3840 Baldwin Ave in El Monte, the property is described as being near shopping centers, restaurants, schools, public transportation, and major freeways, supporting convenient access for residents.

Key Highlights

  • Seven rental units across six buildings
  • 26,248 SF lot (0.6026 acres) with public water and public sewer
  • Four units recently renovated with new kitchens, updated bathrooms, new flooring, fresh interior paint

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center (Bike/Boat/Book/etc) Store Tech Support Center Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,292
Businesses Nearby

Demographics for 91731, CA

28,197
Population
8,809
Households
3.2
Avg Household Size
38
Median Age
15%
College-Educated
68%
High-School Grad
3.8 sq mi
ZIP Area
7,420
Density / Sq Mi
$60,887
Median Household Income
$33,530
Median Earnings
$1,583
Median Rent
$614,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven rental units across six buildings with four recently renovated units, plus gas heating, on a public utility-served lot.
Where is this apartment building located?
The property is located at 3840 Baldwin Ave El Monte, CA.
What is the asking price?
The asking price for this property is $2,988,000.
What are key features of this property?
This property features: Seven rental units across six buildings; 26,248 SF lot (0.6026 acres) with public water and public sewer; Four units recently renovated with new kitchens, updated bathrooms, new flooring, fresh interior paint
More about this property
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