Baldwin Park, CA 91706,13933 LOS ANGELES ST
Baldwin Park, CA 91706,13933 LOS ANGELES ST
Baldwin Park, CA 91706,13933 LOS ANGELES ST
Baldwin Park, CA 91706,13933 LOS ANGELES ST
Baldwin Park, CA 91706,13933 LOS ANGELES ST
Baldwin Park, CA 91706,13933 LOS ANGELES ST
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$3,600,000

$3,700,000

2.7%
Est.Price: ?

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Est. payment /mo

0.73 Acres Lot


SOLD DATE : 02/01/2019

Key Details

Sold Price $3,600,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 18411652

Sold Date 02/01/19

HOA Y/N No

Year Built 1986

Lot Size 0.728 Acres

Property Description

13933 Los Angeles Street is a non-rent controlled, fourteen (14) unit apartment complex located in Baldwin Park. The investment offers the opportunity to renovate all units and recover the loss-to-lease created by long-term self-managed ownership. There is approximately 44% upside in rents with current rents averaging $1,239. All units are two-bedroom one-bath town-home style units with individual water heaters and laundry hook-ups. The property has very low utility expenses with each unit paying their own water, electricity, and gas. Annual utility expenses are approximately $1,200. Each unit will also come with a private garage and ample open parking for additional cars.

Location

State CA

County Los Angeles

Area 608 - Baldwin Pk/Irwindale

Zoning BPR3*

Interior

Heating Forced Air

Fireplace No

Exterior

Total Parking Spaces 23

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 8542019010

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by John Cleator • James Capital Advisors, Inc.
Bought with Shant Sherbetdjian • Remax Commercial and Investment Realty
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