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$8,500,000
Est. payment /mo
23,670 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 23,670 sqft
Price per Sqft $359
MLS Listing ID CROC25019773
HOA Y/N No
Year Built 1961
Lot Size 0.848 Acres
Acres 0.85
Property Sub-Type Other
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.
Location
State CA
County Los Angeles
Zoning EMC3
Interior
Fireplace No
Laundry Other
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 8578008003
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Listed by Mike Marcu • Mike Marcu, Broker