3624 Baldwin Park Blvd, Baldwin Park, California 91706

  • $4,395,000
3624 Baldwin Park Blvd, Baldwin Park, CA 91706
Active
3624 Baldwin Park Blvd, Baldwin Park, California 91706
3624 Baldwin Park Blvd, Baldwin Park, CA 91706
  • $4,395,000

Description

Exceptional opportunity to acquire a 17-unit apartment community in a prime San Gabriel Valley location, offering excellent day-one cash flow and strong long-term fundamentals. The property is currently delivering an attractive 6% CAP Rate and 11.25 GRM, supported by excellent in-place rental rates. This well-maintained asset consists of 9, 092 rentable square feet on a 19, 244 sq. ft. lot with a desirable unit mix of two 2-Bed/1-Bath units and fifteen 1-Bed/1-Bath units. Sixteen of the seventeen units have been thoroughly renovated, featuring new kitchens, updated bathrooms, new windows, and numerous interior upgrades, minimizing future capital expenditure and enhancing tenant retention. Operations are efficient with tenants paying for electricity and gas, while residents enjoy onsite carport parking and a shared laundry facility, adding to the property’s rental appeal. With its extensive upgrades, strong income profile, and location in one of the San Gabriel Valley’s most stable rental markets, this asset presents an excellent opportunity for investors seeking immediate returns with long-term upside potential.

  • Address 3624 Baldwin Park Blvd
  • State/county CA
  • Zip/Postal Code 91706
  • Country US

Details

Updated on May 1, 2026 at 5:31 am
  • Property ID: CV26093209
  • Price: $4,395,000
  • Property Size: 9092 Sqft
  • Land Area: 0.4418 Acres
  • Garage: 1.0
  • Year Built: 1960
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Additional details

  • Listing Terms: Cash to New Loan
  • Roof: Shingle
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: Detached Carport, Garage
  • Community Features: Gutter(s), Sidewalks

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman