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$8,500,000
Est. payment /mo
5 Beds
5 Baths
0.85 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25019773
Bedrooms 5
HOA Y/N No
Lot Size 0.848 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Offering a return of 6% plus market capitalization rate and a market GRM of 9.93X Baldwin Valley Apartments offers an opportunity to renovate approximately half the units and capture loss to lease on many previously renovated units. With a central location in the San Gabriel Valley, the unit mix caters to the demand in the immediate area, The tenants pay electricity and for parking.
Offering a return of 6% plus market capitalization rate and a market GRM of 9.93X Baldwin Valley Apartments offers an opportunity to renovate approximately half the units and capture loss to lease on many previously renovated units. With a central location in the San Gabriel Valley, the unit mix caters to the demand in the immediate area, The tenants pay electricity and for parking.
Offering a return of 6% plus market capitalization rate and a market GRM of 9.93X Baldwin Valley Apartments offers an opportunity to renovate approximately half the units and capture loss to lease on many previously renovated units. With a central location in the San Gabriel Valley, the unit mix caters to the demand in the immediate area, The tenants pay electricity and for parking.
Location
State CA
County Los Angeles
Area El Monte (91731)
Zoning Assessor
Exterior
Parking Features Unit1:Assigned
Pool Below Ground, Community/Common
Building
Story 2
Level or Stories 2 Story
Others
Acceptable Financing Cash
Space Rent $1,387
Listing Terms Cash
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Listed by Mike Marcu • Mike Marcu, Broker
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Nicole Hazelton
Broker Associate | License ID: 01819363
Broker Associate License ID: 01819363
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