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$ 8,500,000
Est. payment | /mo
0.85 Acres Lot
$ 8,500,000
Est. payment | /mo
0.85 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25019773
Originating Board California Regional MLS
Year Built 1961
Lot Size 0.848 Acres
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
Area 619 - El Monte
Interior
Laundry Laundry Area, Washer/Dryer - Owned
Exterior
Parking Features Assigned Spaces
Garage Spaces 41.0
Pool Pool - In Ground, Community Facility
Building
Water District - Public
Others
Tax ID 8578008003
Special Listing Condition Not Applicable
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Listed by Mike Marcu • Mike Marcu, Broker
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Tim Alford & Faye Bon
REALTOR® | Lic# 01507448 | 01746037