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13604 Ramona Blvd
Baldwin Park, CA 91706
Multifamily Property For Sale · 5 Units

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 6,647 SF
Average Occupancy 100%
No. Stories 2
Year Built 1986
Parking Ratio 2.56/1,000 SF
Zoning RG

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony

ABOUT 13604 RAMONA BLVD , BALDWIN PARK, CA 91706

James Torres of RE/MAX Commercial & Investment Realty, as exclusive listing agent, is pleased to present the Ramona Townhomes. This is the most unique and desirable investment opportunity available for sale in the San Gabriel Valley. The Pride of Ownership 6,647 square foot building consists of Five (5) Huge Townhouse-style units with an excellent unit mix of (1) 4bd, (2) 3bd's, & (2) 2bd's. Tenants in the area prefer the newer construction of the property, being built in 1986 on a large open-spaced Lot. There might be a possible condo-conversion exit strategy since ALL Units are separately metered for WATER, gas, & electricity, Buyer to verify this with the city and perform their due diligence. The current management has maintained the property in Excellent Turnkey Condition. Due to the property NOT being subject to rent control and current rents 13% below market there is Significant Rental Upside with minimal effort for a new owner. Tenants enjoy the electric security gate, lots of parking - 7 Garages and 10 open parking spaces, and living walking distance to schools, shopping, bus stops, and a short drive to the 605 and 10 freeways.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+2 1 $2,100 -
3+2 2 $1,638 -
2+2 2 $1,475 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8552-012-042
Land Assessment
$278,771
Improvements Assessment
$731,796
Total Assessment
$1,010,567
  • Listing ID: 11448266

  • Date on Market: 2/1/2018

  • Last Updated:

  • Address: 13604 Ramona Blvd, Baldwin Park, CA 91706

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