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14103 Ramona Blvd
Baldwin Park, CA 91706
El Super - Valu Plus Marketplace · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
37,731 SF
Year Built
1995
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
2.21 AC
Zoning
BPC2*

ABOUT 14103 RAMONA BLVD , BALDWIN PARK, CA 91706

We are pleased to offer to qualified investors an opportunity to purchase (fee simple) a 100% occupied Southern California grocery anchored community shopping center anchored by El Super in Baldwin Park, CA. This rare opportunity offers investors significant short term upside from a fully occupied center as El Super provides fixed annual rental increases of ~12.6% each year over the next 3 years. With this asset’s location on Ramona Blvd in between the I-605 and I-10 freeways; the property is very well insulated from downside risk as high land costs and low levels of available inventory provide extremely high barriers to entry for new or re-development. In addition, with this assets prime location at the intersection of Ramona Blvd and Baldwin Park Blvd (~38,500 VPD) there are limited market vacancies in comparable locations providing few alternative options for existing tenants. This is a truly rare opportunity to acquire a Los Angeles County generational retail asset with a diverse set of tenant uses that is strategically located along the main North/South and East/West corridors in Baldwin Park, CA, providing both short and long term upside through accelerated rent increases and long term price appreciation supported by strong real estate fundamentals.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8544-023-021
Land Assessment
$3,696,521
Improvements Assessment
$8,025,173
Total Assessment
$11,721,694
  • Listing ID: 15752704

  • Date on Market: 4/16/2019

  • Last Updated:

  • Address: 14103 Ramona Blvd, Baldwin Park, CA 91706

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