3108 Vineland, Baldwin Park, California 91706

  • $10,800,000
3108 Vineland, Baldwin Park, CA 91706
Active
3108 Vineland, Baldwin Park, California 91706
3108 Vineland, Baldwin Park, CA 91706
  • $10,800,000

Description

We are proud to present Villa Monterey, a Well-Maintained 41-Unit Asset Located at 3108 Vineland Avenue in the city of Baldwin Park. Situated one block from the 10 Freeway, this pride-of-ownership property benefits from a high-demand rental pocket, proximity to major retail hubs, and consistent occupancy levels. Baldwin Park’s central location and the property’s historical stability make this an ideal investment choice for steady rental income and long-term appreciation in the heart of the San Gabriel Valley. Villa Monterey is a 41-unit community featuring a total building size of ±35, 954 SF situated on an expansive ±71, 546 SF lot (±1.64 Acres). The property features an excellent unit mix consisting of (20) 1-bedroom/1-bathroom, (10) 2-bedroom/1-bathroom, and (11) 2-bedroom/2-bathroom floor plans with an impressive average unit size of ±879 SF. Meticulously cared for, the asset features an open garden-style layout with amenities that include a swimming pool, ample covered parking, secured access, storage space, and two on-site laundry facilities. Units are well-appointed with high-speed internet access, AC & heating, ceiling fans, and full kitchen appliances including dishwashers. This opportunity features an assumable loan at a 2.95% interest-only rate until June 2030. This rare financing allows a new investor to realize a 6.84% Cash-on-Cash return on current income, with the potential to reach a 11.05% return on pro forma income. The property currently operates at a 4.84% Cap Rate, with a clear path to a 6.90% Cap Rate at market rents. The City of Baldwin Park is ideally located within Southern California, offering exceptional “hub” access to the 10 and 605 freeways. Its prime location is within walking distance to major retail centers featuring Walmart, Home Depot, Target, Food 4 Less, Starbucks, and LA Fitness. Significant employment and entertainment hubs within a 20-mile radius include Downtown Los Angeles, the City of Commerce, the City of Industry, Pasadena, and Dodger Stadium. Villa Monterey represents a premier income-producing asset in a high-rental-demand location, presenting a stable and lucrative opportunity for 1031 exchange buyers and seasoned investors seeking a large-scale footprint with significant 30% financial upside.

  • Address 3108 Vineland
  • State/county CA
  • Zip/Postal Code 91706
  • Country US

Details

Updated on February 10, 2026 at 2:02 am
  • Property ID: CV26029947
  • Price: $10,800,000
  • Property Size: 35954 Sqft
  • Land Area: 1.643 Acres
  • Year Built: 1978
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to Existing Loan, Cash to New Loan
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: Community, In Ground
  • Community Features: Curbs, Sidewalks, Pool

Contact Information

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Hoyt Hochman

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Hoyt Hochman
  • Hoyt Hochman