Baldwin Park, CA 91706,5053 Heintz ST
Baldwin Park, CA 91706,5053 Heintz ST
Baldwin Park, CA 91706,5053 Heintz ST
Baldwin Park, CA 91706,5053 Heintz ST
Baldwin Park, CA 91706,5053 Heintz ST
Baldwin Park, CA 91706,5053 Heintz ST
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$2,500,000

$2,800,080

10.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

0.45 Acres Lot


SOLD DATE : 03/27/2024

Key Details

Sold Price $2,500,000

Property Type Commercial

Sub Type Warehouse

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV23213795

Sold Date 03/27/24

HOA Y/N No

Year Built 1986

Lot Size 0.450 Acres

Property Description

Located in the San Gabriel Valley, this warehouse thrives in an area that's a hotspot for business and commerce. This warehouse and office space investment opportunity in the heart of Baldwin Park comes with massive income potential and promises excellent returns on your investment. In addition, this warehouse is perfect for entrepreneurs seeking to grow their businesses or investors looking to capitalize on the high demand for industrial space in the region. This spacious and well-maintained warehouse, built in 1986, is the perfect property for your business or investment portfolio. With a lot size of 19,597 square feet and a building size of 7,095 square feet, this property offers immense potential for rental income, boasting an estimated monthly gross rent of $12,000 to $14,000. In a prime location, Baldwin Park is a vibrant and growing community known for its strategic location, providing easy access to major transportation routes and nearby amenities. The building has a new roof that was installed within the past two years providing major advantages. Furthermore, this capital improvement not only enhances the building's durability but also reduces maintenance costs, ensuring the longevity of your investment. This spacious and versatile property provides ample room for various industrial and commercial purposes. The generous lot size allows for ample parking and outdoor storage if needed. Your investment in this warehouse property is set to benefit from the economic growth and development in the region with proximity to major transportation routes and highways, such as I-10 and I-605, therefore you and your tenants will enjoy convenient access for shipping and logistics needs. There are a variety of amenities nearby including shopping centers, restaurants, and recreational facilities. Your future tenants will appreciate the convenience of having these amenities at their fingertips. Whether you're an investor seeking a promising return or a business owner looking for the ideal industrial space, this property offers the best of both worlds. This is your chance to secure a sound investment in one of California's thriving industrial and commercial hubs.

Location

State CA

County Los Angeles

Area 608 - Baldwin Pk/Irwindale

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Fence Block

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 8

Building

Story 1

Water Public

Others

Tax ID 8414003015

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Owner May Carry, Private Financing Available, Submit

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Owner May Carry, Private Financing Available, Submit

Financing Other

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Demetrios Kitakis • Kitakis Realty Inc.
Bought with Pavan Maddi • Real Estate Mechanics

GET MORE INFORMATION

Kris Rainwaters

REALTOR® | Lic# 02111780

+1(602) 561-3114

PO Box 106 Lake Arrowhead, CA 92352

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