10012 Valley BLVD El Monte, CA 91731
Active
$8,500,000
41 Units
5 Beds
5 Baths
23,670 Area(sq.ft.)
36,949 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 21 | studio | 1 | No | $ 1,387 | $ 29,137 | $ 1,650 |
Unit 2 | 16 | 1 | 1 | No | $ 1,478 | $ 23,651 | $ 1,700 |
Unit 3 | 2 | 2 | 1 | No | $ 1,599 | $ 3,198 | $ 1,599 |
Unit 4 | 2 | 2 | 2 | No | $ 1,196 | $ 2,392 | $ 1,900 |
4 | 41 | 24 | 43 | $ 58,365 | $ 1,001,473 | $ 68,848 |
MLS #: | OC25019773MR |
Days On Market: | 0 |
County: | Los Angeles |
Property Type: | Residential Income |
Price per ft2: | $ 359 |
Price per unit: | $ 207,317 |
Year Built: | 1961 |
Property Details
Offering a return of 6% plus market capitalization rate and a market GRM of 9.93X Baldwin Valley Apartments offers an opportunity to renovate approximately half the units and capture loss to lease on many previously renovated units. With a central location in the San Gabriel Valley, the unit mix caters to the demand in the immediate area, The tenants pay electricity and for parking.Interested in this Listing?
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Income Details
Rent Control: | False |
Gross Operating Income: | $ 723,140 |
Total Annual Expense: | $ 350,013 |
Net Operating Income: | $ 372,127 |
Cap Rate: | 4.4% |
Structure
Community Features: | Urban |
Sewer: | Public Sewer |
Water: | Public |
Land & Parking
Zoning: | EMC3* |
Land Lease Type: | Fee |
Parking Garage: | Assigned |
Total Parking: | 41 |
Interior
Laundry: | Laundry Area |
Laundry Equipment: | Own |
Laundry Income: | 4694.00 |
Exterior
Pool: | True |
Pool Description: | In Ground |
Detailed Map
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