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Renovated Multi-Building Apartment Property
For Sale
$2,988,000

3840 Baldwin Ave, El Monte, CA 91731

El Monte, CA

Property SizeContact for details
Lot Size0.60 Acres
Days on Market112

Property Features for 3840 Baldwin Ave

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 7, Bedroom 1, Bedroom 9, Bedroom 6, Bedroom 8, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 5, Bathroom 6, Bedroom 5, Bathroom 2, Bathroom 4, Laundry Room, Bedroom 3, Bathroom 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: Sep 15 Last Checked: Sep 20 at 10:06PM
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 apartment property contains 7 rental units arranged among 6 buildings on a 26,248 SF lot. Four units have undergone recent renovations that include replacement kitchens, refreshed bathrooms, new flooring, interior paint, and updated finishes. The property also includes gas ranges, wall-furnace heating served by natural gas, and a fireplace. Current rental activity provides ongoing income from the existing unit mix.

The property is located in El Monte near shopping centers, restaurants, schools, public transportation, and major freeways. Public water and public sewer serve the site. Originally built in 1951, the multi-building layout and substantial lot provide a distinct physical configuration for an apartment asset.

Key Highlights

  • 7 rental units distributed across 6 buildings
  • 26,248 SF lot
  • 4 units recently renovated with new kitchens, updated bathrooms, flooring, paint, and modern finishes

Property Analytics

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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

1,277
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Income-producing rental property with updated units, separate buildings, and public water and sewer service.
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: 7 rental units distributed across 6 buildings; 26,248 SF lot; 4 units recently renovated with new kitchens, updated bathrooms, flooring, paint, and modern finishes
More about this property
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