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The Warburton Team Brokered By EXp

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

$6,150,000

Est. payment - /mo

0.86 Acres Lot

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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26181352

HOA Y/N No

Year Built 1963

Lot Size 0.862 Acres

Property Sub-Type Apartment

Property Description

Pleased to exclusively present the opportunity to acquire 144 & 150 East Baseline Road, an 18-unit multifamily investment located in San Dimas, California. The property is located north of Interstate 210 off the San Dimas Avenue exit. The offering consists of two contiguous parcels (A.P.N. 8661-015-003 & 8661-015-027).
144 East Baseline Road is a two-story 12-unit apartment building consisting of twelve two-bedroom/one-bathroom floor plans. The units average 908 square feet, and each apartment has a fireplace and wall air conditioning. In addition, the units are individually metered for gas and electricity and there is a central hot water heater. Constructed in 1963, the property sits on a 20,076 square foot parcel and has 10,900 rental square feet. There is also a laundry facility (leased) at the rear of the property. No on-site management required.
150 East Baseline Road has six apartment units consisting of two newly built ADUs with one bedroom/one-bathroom units with dishwashers, microwaves, and private backyards. There are also two-two bedroom/two-bathroom single story units with central air conditioning and heat, dishwashers, private backyards, constructed in 1989 and two-three bedroom/two and two-and-one half bathroom townhouse style units with two car-attached garages with direct access into the unit, washer/dryer hook-ups, dishwashers, private backyards, and was constructed in 1989. In addition, the units are individually metered for gas and electricity and contain individual hot water heaters. The property sits on a 17,481 square foot parcel and has approximately 5,988 rental square feet. There is also a greenbelt area to add ADUs, buyer to verify. There is no on-site management required.
The offering has an outstanding location just north of Interstate 210 and within very close proximity to California State Route 57, giving residents the advantage of easy access to neighboring cities for work and entertainment. The property is within minutes' drive to major department stores and popular restaurants including Costco, Sam's Club, Home Depot, Target, Trader Joe's, and In-N-Out Burger. The city is also home to the 1,700-acre Frank G. Bonelli Recreational Park, Raging Waters, and Puddingstone Lake with multiple outdoor activities for all ages such as hiking, biking, boating, fishing, kayaking, playgrounds and camping. In addition, the Foothill Gold Line Station (Metro) is only 1.2 miles away from the subject property.

Location

State CA

County Los Angeles

Area 689 - San Dimas

Interior

Cooling Central Air, Wall/Window Unit(s)

Fireplaces Type Family Room

Fireplace Yes

Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Carport, Direct Access, Garage, On Site

Garage Spaces 4.0

Carport Spaces 10

Garage Description 4.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Total Parking Spaces 22

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 8661015003

Energy Description 4607.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Douglas McCauley MARCUS & MILLICHAP 626-695-6776

NEARBY SCHOOL & BUSINESS

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144 150 E Baseline RD San Dimas, CA 91773