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3737 Baldwin Park Blvd 2,292 SF 80% Leased Retail Building Baldwin Park, CA 91706 $1,550,000 ($676.27/SF) 4% Cap Rate
Investment Highlights
- Busy Major Street with excellent exposure
- Corner Lot
- Easy access to freeways
Executive Summary
MIXED-USE PROPERTY!!! MU2 ZONING!!! EXCELLENT EXPOSURE. Fully Fenced. Currently built out as 2 residential units and a Retailer office. Front house (#3729) allows for commercial use; originally built in 1956, completely renovated in 2023 consist of 2 bedrooms, 1 bath and a laundry room, approximately 800sf. Back house (#3729A) was a new construction completed in December 2023 consists of 3 bedrooms 2 Baths, 1200sf with 10 paid in full solar panels. A separate retail space (#3737) is currently vacant, formerly used as Salon. Each unit is separated with its own back yard. Easy access to FWY10, 605 and 210 with excellent exposure on a busy street. Various commercial usage allowed at 3729 & 3737, check with city for permissible usage.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,292 SF
Building Class
C
Year Built
1956
Price
$1,550,000
Price Per SF
$676.27
Cap Rate
4%
NOI
$62,000
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.37 AC
Zoning
MU2 - MIXED-USE PROPERTY!!! MU2 ZONING. Street Front 2 units allowing various commercial usage. Check with City.
Amenities
- Corner Lot
- Fenced Lot
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 8553-003-001 | Improvements Assessment | $63,672 |
| Land Assessment | $732,233 | Total Assessment | $795,905 |
Property Taxes
Parcel Number
8553-003-001
Land Assessment
$732,233
Improvements Assessment
$63,672
Total Assessment
$795,905
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PRECA REALTY
3737 Baldwin Park Blvd
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