3624 Baldwin Park Blvd, Baldwin Park, CA 91706
3624 Baldwin Park Blvd, Baldwin Park, CA 91706
3624 Baldwin Park Blvd, Baldwin Park, CA 91706
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$4,395,000
Est. payment /mo
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3 Beds
2 Baths
0.44 Acres Lot
Active

3624 Baldwin Park Blvd Baldwin Park, CA 91706

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Martha Barragan

Martha Barragan

+1(619) 500-4046

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26093209

Bedrooms 3

Lot Size 0.442 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

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 propertys 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.

Location

State CA

County Los Angeles

Zoning Assessor

Direction South of Ramona Pkwy. West of Pacific Ave.

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 8555001006

MLS Router / San Diego MLS
Listed by Kristopher German, DRE#01800021 RE/MAX 2000 REALTY 

NEARBY SCHOOL & BUSINESS

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Martha Barragan

Martha Barragan

Agent | License ID: DRE 01358280

+1(619) 500-4046

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3624 Baldwin Park Blvd

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