REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$4,395,000

Est. payment - /mo

0.44 Acres Lot

Save

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26093209

HOA Y/N No

Year Built 1960

Lot Size 0.442 Acres

Property Sub-Type Apartment

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 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.

Location

State CA

County Los Angeles

Area 608 - Baldwin Pk/Irwindale

Zoning BPR1*

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Detached Carport, Garage

Garage Spaces 1.0

Carport Spaces 16

Garage Description 1.0

Fence Block

Pool None

Community Features Gutter(s), Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N No

View None

Roof Type Shingle

Accessibility None

Total Parking Spaces 17

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 8555001006

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Kristopher German RE/MAX 2000 REALTY 909-645-0443, DRE #01800021

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get more info from a local expert!

Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches

Serving Arizona

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

3624 Baldwin Park Blvd Baldwin Park, CA 91706