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Listed by Mike Marcu • Mike Marcu, Broker
$8,500,000
Est. payment /mo
23,670 SqFt
UPDATED:
01/28/2025 01:30 PM
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
Originating Board Datashare California Regional
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
Interior
Fireplace No
Laundry Other
Building
Water Public
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