Baldwin Park, CA 91706,Address not disclosed

$17,000,000

$1,699,000

900.6%
Est.Price: ?

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Est. payment /mo

0.44 Acres Lot


SOLD DATE : 04/22/2013

Key Details

Sold Price $17,000,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CC325801

Sold Date 04/22/13

HOA Y/N No

Year Built 1960

Lot Size 0.440 Acres

Property Description

PLEASE DO NOT DISTURB THE TENANTS! TENANTS ARE NOT AWARE THAT THE PROPERTY IS BEING SOLD!! Prime Baldwin Park location, 3624-3628 Baldwin Park Blvd. is a 17 unit apartment development, with great cash flow. The property has been well maintained and is in a highly desirable residential location. It has been recently painted and new dual pane windows were recently installed. The property has many long time residents and the current rents are below market rents, a huge upside potential..... The property is 100% occupied and the manager has a waiting list of people who would like to move into the development. The asking price is less than 100k a unit. The investment potential is very good. No rent control. This property offers sixteen 1 bedroom 1 bath units and a spacious 2 bedroom 1 bath unit.

Location

State CA

County Los Angeles

Area 608 - Baldwin Pk/Irwindale

Interior

Fireplace No

Exterior

Carport Spaces 15

Roof Type Composition

Total Parking Spaces 17

Building

Story 2

Others

Tax ID 8555001006

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by LONNIE ANDRE • RE/MAX MASTERS REALTY
Bought with KRISTOPHER GERMAN • RE/MAX 2000

GET MORE INFORMATION

Kris Rainwaters

REALTOR® | Lic# 02111780

+1(602) 561-3114

PO Box 106 Lake Arrowhead, CA 92352

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