$ 4,395,000
-
$4,395,000
Price -
3
Bed -
2
Bath -
9,092
SqFt
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About the Listing 51247 - CV33418
Exceptional opportunity to acquire a 17-unit apartment community in a prime San Gabriel Valley location, offering excellent day-one cash flow and strong long-term fundamentals. The property is currently delivering an attractive 6% CAP Rate and 11.25 GRM, supported by excellent in-place rental rates. This well-maintained asset consists of 9,092 rentable square feet on a 19,244 sq. ft. lot with a desirable unit mix of two 2-Bed/1-Bath units and fifteen 1-Bed/1-Bath units. Sixteen of the seventeen units have been thoroughly renovated, featuring new kitchens, updated bathrooms, new windows, and numerous interior upgrades, minimizing future capital expenditure and enhancing tenant retention. Operations are efficient with tenants paying for electricity and gas, while residents enjoy onsite carport parking and a shared laundry facility, adding to the property’s rental appeal. With its extensive upgrades, strong income profile, and location in one of the San Gabriel Valley's most stable rental markets, this asset presents an excellent opportunity for investors seeking immediate returns with long-term upside potential.
Listing Highlights
Status
Active
Days on Site
20
Property Type
Multi-Family
MLS ®
CV26093209
Year Built
1960
Total Square Footage
9,092
Lot/Acreage
0.44
County
Los Angeles
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: 1 car
- Parking Spaces: 17
- Zoning: BPR1*
- Roof: Shingle
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Detached Carport,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 8555001006
- Tax Year: N/A
Payment Calculator
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Questions About..
3624 Baldwin Park Blvd Baldwin Park, CA 91706
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