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19 Units in Baldwin Park

Just SoldSold

4920 Maine Ave, Baldwin Park, CA 91706, USA

Sold for$4,748,000$249,894/Per Unit

Just Sold, Sold

Description

PROPERTY HIGHLIGHTS

PRIVATE-SELLER FINANCING AVAILABLE!
3 SEPARATE CONTIGUOUS PARCELS
2 Parcels Each Contain 1 Duplex, 3rd Parcel is 15 Units
15,369 Rental Sq. Ft. | 33,981 Sq. Ft. Lot
UNIT MIX
- (2) 2-Bed/1-Bath Single-Story Detached Cottages
- (16) 2-Bed/1-Bath Units
- (1) 1-Bed/1-Bath Unit With Den
Tenants Enjoy Onsite Covered Parking, Onsite Laundry Facility & Sparkling Pool
Private-Seller Financing Terms:
- 40% Down Payment
- 4.5% Interest Rate
- Interest-Only Payments
- 2-Year Term

RECENT IMPROVEMENTS

Solar Hot Water System For 15 Units & Laundry Facility
New Copper Main Line
New Roof on Several Buildings
New Electrical Sub Panels
New Exterior Paint
Resurfaced Parking Lot & Driveway

100% Occupied – All Tenants Current On Rent!
HUGE 76% Upside in Rental Income
No Rental Increase Given Last 12 Months!
New Investor Can Raise Rent Immediately!