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Single Story Cottages - HUGE 22,313 SqFt Lot 14457 Cavette Pl 5 Unit Apartment Building $1,450,000 ($290,000/Unit) 5.52% Cap Rate Baldwin Park, CA 91706
Investment Highlights
- OVER 35% Upside in Rental Income!
- 3,384 Rental Sq. Ft. I Huge 22,313 Sq.Ft. Lot
- Tenants Enjoy On-Site Garage & Open-Space Parking
- First Time On Market in 20 Years!
- Unit Mix: (1) 3-Bed/1-Bath Cottage & (4) 2-Bed/1-Bath Cottages
Executive Summary
Kristopher German and Alex Lin of The Apartment Dealer are proud to present this rare Baldwin Park multi-family opportunity, available for the first time in over 20 years! The subject property features five detached, single-story cottages situated on a massive 22,313 square foot lot. The property offers 3,384 rentable square feet with an attractive unit mix consisting of one 3-Bed/1-Bath cottage and four 2-Bed/1-Bath cottages, layouts that consistently attract strong tenant demand. Tenants enjoy on-site garage and open-space parking, along with the privacy and appeal of cottage-style living. The property is individually metered for gas and electricity while the owner pays for water use. Currently operating at a 5.52% CAP Rate and 12.82 GRM on existing rents, the asset also presents over 35% upside in rental income, offering investors a path to increased cash-flow and long-term value growth. With its large lot, desirable unit mix, and significant rental upside, this pride-of-ownership property represents a compelling opportunity in one of the San Gabriel Valley’s most stable rental markets.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,450,000 | Apartment Style | Garden |
| Price Per Unit | $290,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.51 AC |
| Cap Rate | 5.52% | Building Size | 3,384 SF |
| Gross Rent Multiplier | 12.82 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1944 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Zoning | R1, Baldwin Park - BPR1* | ||
| Price | $1,450,000 |
| Price Per Unit | $290,000 |
| Sale Type | Investment |
| Cap Rate | 5.52% |
| Gross Rent Multiplier | 12.82 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 3,384 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1944 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R1, Baldwin Park - BPR1* |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $1,969 | - |
| 2+1 | 4 | $1,945 | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 8415-009-040 | Total Assessment | $1,071,814 |
| Land Assessment | $803,866 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $267,948 | Tax Year | 2025 |
Property Taxes
Parcel Number
8415-009-040
Land Assessment
$803,866
Improvements Assessment
$267,948
Total Assessment
$1,071,814
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Single Story Cottages - HUGE 22,313 SqFt Lot | 14457 Cavette Pl
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