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Investment Highlights

  • Priced to Sell | 6% CAP Rate | 11.25 GRM
  • Prime San Gabriel Valley Location | Desirable Rental Location and Tenant Base
  • Excellent Current Rental Rates in Place
  • 16 of 17 Units Fully Renovated
  • Plenty of Covered Onsite Parking

Executive Summary

Exceptional opportunity to acquire a 17-unit apartment community in a prime San Gabriel Valley location, offering excellent day-one cash flow and strong long-term fundamentals. The property is currently delivering an attractive 6% CAP Rate and 11.25 GRM, supported by excellent in-place rental rates. This well-maintained asset consists of 9,092 rentable square feet on a 19,244 sq. ft. lot with a desirable unit mix of two 2-Bed/1-Bath units and fifteen 1-Bed/1-Bath units. Sixteen of the seventeen units have been thoroughly renovated, featuring new kitchens, updated bathrooms, new windows, and numerous interior upgrades, minimizing future capital expenditure and enhancing tenant retention. Operations are efficient with tenants paying for electricity and gas, while residents enjoy onsite carport parking and a shared laundry facility, adding to the property’s rental appeal. With its extensive upgrades, strong income profile, and location in one of the San Gabriel Valley's most stable rental markets, this asset presents an excellent opportunity for investors seeking immediate returns with long-term upside potential.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $390,840 $42.99
Other Income - -
Vacancy Loss $11,725 $1.29
Effective Gross Income $379,115 $41.70
Taxes - -
Operating Expenses $115,935 $12.75
Total Expenses $115,935 $12.75
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $390,840
Annual Per SF $42.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $11,725
Annual Per SF $1.29
Effective Gross Income
Annual $379,115
Annual Per SF $41.70
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual $115,935
Annual Per SF $12.75
Total Expenses
Annual $115,935
Annual Per SF $12.75
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $4,395,000
Price Per Unit $258,529
Sale Type Investment
Cap Rate 6%
Gross Rent Multiplier 11.25
No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.44 AC
Building Size 9,092 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1960/2020
Parking Ratio 1.87/1,000 SF
Zoning BPR1

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Gas Range
  • Storage Space
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 - -
1+1 15 - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
8555-001-006
Land Assessment
$1,949,782
Improvements Assessment
$1,299,853
Total Assessment
$3,249,635
  • Listing ID: 40347836

  • Date on Market: 4/30/2026

  • Last Updated:

  • Address: 3624-3628 Baldwin Park Blvd, Baldwin Park, CA 91706

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