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1221 S Hacienda Blvd

Hacienda Heights, CA 91745

1 626 427 0786

kris@theapartmentdealer.com

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24 Units in Baldwin Park

4324 Walnut St, Baldwin Park, CA 91706, USA
Sold for$5,150,000$214,583/Per Unit

Description

SALE HIGHLIGHTS

  • Sales Price: $5,150,000
  • $214,583 Per Unit
  • 15.16 GRM | 3.5% CAP Rate
  • HUGE Upside in Rental Income
    • (46% Potential Increase in Rental Rates!)

HOW DID WE DO IT?

Kris represented both the Buyer and Seller.

The Buyer, who was in a 1031-Exchange, retained Kris and his services to reverse prospect on their behalf based on specific cities and size of property (asset) they were interested in acquiring.

Kris  made contact with the seller (off market) on the buyer’s behalf and was able to negotiate a price and terms amenable to both parties.

PROPERTY HIGHLIGHTS

  • (24) 2-Bed/1-Bath Units
  • Separately Metered For Electricity & Gas
  • Tenants Enjoy Onsite Carport Parking & Laundry Facility
  • 17,826 Rental Square Feet
  • 28,826 Square Foot Lot
  • Address: 4324 Walnut St
  • City: Baldwin Park
  • State/county: California
  • Zip/Postal Code: 91706
  • Country: United States

Detail

Updated on December 6, 2021 at 11:49 am

  • Price: Sold for $5,150,000
  • Property Size: 17856 SqFt
  • Land Area: 28826 SqFt
  • Year Built: 1964
  • Property Type: Multi Family
  • Property Status: Sold

Additional details

  • # of Units: 24
  • Unit Mix: 24 (2+1)
  • Zoning: BPRG*
  • We Represented: Seller / Buyer
  • Close of Escrow: 12/01/2021

Features

WalkScore

walkscore57 / Somewhat Walkable more details here

Contact info

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