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Kimberly Apartments 14521 Clark St 26 Unit Apartment Building $9,250,000 ($355,769/Unit) 3.91% Cap Rate Baldwin Park, CA 91706
INVESTMENT HIGHLIGHTS
- Prime Location: Situated in Baldwin Park, a highly sought-after rental market in the San Gabriel Valley, with easy access to the 605 & 10 Freeways.
- Potential for future ADU development – buyer to verify with City.
EXECUTIVE SUMMARY
We are pleased to present 14521 Clark Street, a 26-unit multifamily property located in Baldwin Park, a prime rental market in the San Gabriel Valley. This asset offers ±19,384 SF on a ±36,138 SF lot and is conveniently located near the 605 and 10 Freeways, providing easy access to Pasadena, Downtown LA, Orange County, and San Bernardino County. Key attractions like Dodger Stadium, SOFI Stadium, and Santa Anita Pike Outlets are within a 30-minute drive.
Locally, tenants have access to major retailers such as Kaiser Permanente, Home Depot, Target, and restaurants like In-N-Out and Chick-Fil-A. The property is also a short 5-minute walk to Downtown Baldwin Park, offering a variety of dining and retail options.
The unit mix includes 12, 1-Bedroom/1-Bathroom and 14, 2-Bedroom/1-Bathroom apartments. Amenities include secured access, covered parking, on-site laundry, a secure pool, and ample community space. The seller is offering favorable interest-only financing.
Locally, tenants have access to major retailers such as Kaiser Permanente, Home Depot, Target, and restaurants like In-N-Out and Chick-Fil-A. The property is also a short 5-minute walk to Downtown Baldwin Park, offering a variety of dining and retail options.
The unit mix includes 12, 1-Bedroom/1-Bathroom and 14, 2-Bedroom/1-Bathroom apartments. Amenities include secured access, covered parking, on-site laundry, a secure pool, and ample community space. The seller is offering favorable interest-only financing.
PROPERTY FACTS
| Price | $9,250,000 | Apartment Style | Garden |
| Price Per Unit | $355,769 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.83 AC |
| Cap Rate | 3.91% | Building Size | 19,384 SF |
| Gross Rent Multiplier | 15.5 | Average Occupancy | 100% |
| No. Units | 26 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 2.01/1,000 SF |
| Zoning | BPR3* - Multi-Family residential zoning | ||
| Price | $9,250,000 |
| Price Per Unit | $355,769 |
| Sale Type | Investment |
| Cap Rate | 3.91% |
| Gross Rent Multiplier | 15.5 |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.83 AC |
| Building Size | 19,384 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2.01/1,000 SF |
| Zoning | BPR3* - Multi-Family residential zoning |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Stainless Steel Appliances
- Tub/Shower
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Gated
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | 664 |
| 2+1 | 14 | - | 815 |
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 8437-002-030 | Improvements Assessment | $5,567,096 |
| Land Assessment | $3,718,472 | Total Assessment | $9,285,568 |
PROPERTY TAXES
Parcel Number
8437-002-030
Land Assessment
$3,718,472
Improvements Assessment
$5,567,096
Total Assessment
$9,285,568
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Kimberly Apartments | 14521 Clark St
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