NOT LISTED FOR SALE

3840 Baldwin Ave El Monte, CA 91731

Northwest El Monte Neighborhood
11 Beds
9 Baths
4,236 Sq Ft
0.6 Acres

Last Sold May 18, 2023

Last sale price $1,700,000 $401 Per Sq Ft

19 Days on Market

Highlights

  • 0.6 Acre Lot
  • End Unit
  • Cooling Available
  • Rosemead High School Rated A
  • Fireplace
  • 2-minute walk to Baldwin Ave Mini Park

About This Home

As of May 2023

6 units on a large lot with huge potential and upside in an average plus location. Rents are below market; there is considerable deferred maintenance which is reflected in the price. All income and expense statements are provided by the management company, buyer to verify. Some units may be vacant or may become vacant during escrow, buyer will be notified accordingly. All figures that are stated are based on statements provided by the management company in September, recent statements can be downloaded from the supplement section.

Last Agent to Sell the Property

Dean Abston

Berkshire Hathaway HomeServices California Properties License #01202855 Listed on: 01/20/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Nader Naderi

Berkshire Hathaway HomeServices California Properties License #01096047

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 0.6 Acre Lot
  • No Common Walls
  • End Unit
  • Fenced
  • Needs Fence Repair
  • Density is up to 1 Unit/Acre

Home Design

  • Fire Rated Drywall

Interior Spaces

  • 4,236 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Panel Doors
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 9 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Location

  • Urban Location

Utilities

  • Cooling Available
  • Heating Available
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 64
  • Tax Tract Number 7177
  • Assessor Parcel Number 8578008027

Community Details

Overview

  • 6 Buildings
  • 7 Units

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 7 Separate Gas Meters
  • Electric Expense $200
  • Fuel Expense $93
  • Insurance Expense $3,716
  • Professional Management Expense $4,160
  • Trash Expense $5,803
  • Water Sewer Expense $5,730
  • Operating Expense $44,083
  • Gross Income $131,040
  • Net Operating Income $47,103

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 171429
  • Professional Management Expense: 4160.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 5730.00
  • Zoning: EMC3*
  • Architectural Style: Ranch
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 8578008027
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: End Unit, No Common Walls
  • Accessibility Features: See Remarks
  • Door Features: Panel Doors
  • Levels: One
  • Price Per Square Foot: 401.32
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Needs Repair
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Sewer: Public Sewer
  • Trash Expense: 5803.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 26240.00
  • Lot Size Acres: 0.6024

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 200.00
  • Fuel Expense: 93.00
  • Gross Income: 131040.00
  • Gross Scheduled Income: 131040.00
  • Insurance Expense: 3716.00
  • Lot Size Area: 26240.0000 Square Feet
  • Net Operating Income: 47103.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 7
  • Number Of Units Leased: 5
  • Number Of Units Total: 7
  • Operating Expense: 43635.00
  • Rent Control: No
  • Total Actual Rent: 10120.00
  • Total Expenses: 44083.00

Tax Info

  • Tax Census Tract: 4328.02
  • Tax Lot: 64
  • Tax Tract Number: 7177

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $1,700,000 +41.7% $401 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $1,200,000 -15.2% $283 / Sq Ft
12/21/2018 12/21/18 Sold $1,415,000 -5.7% $334 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $1,500,000 -- $354 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dean Abston

    Seller's Agent in 2023

    Dean Abston

    Berkshire Hathaway HomeServices California Properties

    (818) 501-4800

    1 in this area

    48 Total Sales

    Dean Abston
    Section Image
  • Nader Naderi

    Buyer's Agent in 2023

    Nader Naderi

    Berkshire Hathaway HomeServices California Properties

    (818) 489-8955

    1 in this area

    48 Total Sales

    Nader Naderi
    Section Image
  • David Covarrubias

    Seller's Agent in 2018

    David Covarrubias

    MARCUS & MILLICHAP

    (909) 456-3400

    48 Total Sales

    David Covarrubias
    Section Image
  • Douglas McCauley

    Seller Co-Listing Agent in 2018

    Douglas McCauley

    MARCUS & MILLICHAP

    (909) 456-3493

    46 Total Sales

    Douglas McCauley
    Section Image

  • N

    Buyer Co-Listing Agent in 2018

    NoEmail NoEmail

    None MRML

    (646) 541-2551

    2 in this area

    5,725 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23009723

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County El Monte 91731 Northwest El Monte

3840 Baldwin Ave, El Monte, CA

This home is located at 3840 Baldwin Ave, El Monte, CA 91731 since 20 January 2023. This property was built in 1951. 3840 Baldwin Ave is a home located in Los Angeles County with nearby schools including Shirpser Elementary School, Gidley Elementary School, and Rosemead High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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