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3724 Baldwin Park BLVD Baldwin Park, CA 91706
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Key Details
Sold Price $1,610,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV21012576
Sold Date 04/29/21
HOA Y/N No
Year Built 1962
Lot Size 10,454 Sqft
Acres 0.24
Property Description
We are pleased to exclusively offer for sale this 9 unit multi-family investment (with 1 office space) in the city of Baldwin Park. The subject property has a unit mix of 1(2bed/1bth), 8(1bed/1bth)s, and 1 office space (roughly 350 sqft). The units are situated on a 10,640 sqft lot and are separately metered for electricity and gas. Tenants enjoy onsite open space parking as well as an onsite laundry facility. Having been held under the same ownership for 35+years, the current rental rates are well below market offering a repositioning opportunity of 40+/-% upside in rental income.
Location
State CA
County Los Angeles
Area 608 - Baldwin Pk/Irwindale
Zoning BPC1*
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 9
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story One, Two
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 8553017015
Energy Description 492.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with KRISTOPHER GERMAN • RE/MAX 2000
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