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1221 S Hacienda Blvd

Hacienda Heights, CA 91745

1 626 427 0786

kris@theapartmentdealer.com

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19 Units in Baldwin Park

4920 Maine Ave, Baldwin Park, CA 91706, USA
Sold for$4,748,000$249,894/Per Unit

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!

  • Address: 4920, 4926 & 4936 Maine Ave
  • City: Baldwin Park
  • State/county: California
  • Zip/Postal Code: 91706
  • Country: United States

Detail

Updated on June 24, 2022 at 5:00 pm

  • Price: Sold for $4,748,000
  • Property Size: 15639 SqFt
  • Land Area: 33981 SqFt
  • Year Built: 1947
  • Property Type: Multi Family
  • Property Status: Just Sold, Sold

Additional details

  • # of Units: 19
  • Unit Mix: 18 (2+1), 1 (1+1)
  • Zoning: BPR3*
  • We Represented: Seller + Buyer
  • Close of Escrow: 06/24/2022

Video

WalkScore

walkscore58 / Somewhat Walkable more details here

Contact info

Kristopher German
Kristopher German
(626) 427-0786(909) 645-0443
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