Baldwin Park, CA 91706,13933 LOS ANGELES ST
Baldwin Park, CA 91706,13933 LOS ANGELES ST
Baldwin Park, CA 91706,13933 LOS ANGELES ST
$3,600,000
Est. payment /mo
$3,700,000
2.7%
Est.Price: ?

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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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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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