$17,000,000
$1,699,000
900.6%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with KRISTOPHER GERMAN • RE/MAX 2000
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "