10012 Valley Blvd El Monte, CA 91731
Northwest El Monte NeighborhoodEstimated payment $46,165/month
Highlights
- 0.85 Acre Lot
- No HOA
- Laundry Facilities
- Rosemead High School Rated A
- Community Pool
- 3-minute walk to Baldwin Ave Mini Park
About This Home
Baldwin Valley Apartments presents a rare opportunity to acquire a 41-unit multifamily community located at 10012 Valley Boulevard in El Monte, in the heart of the San Gabriel Valley. Offered at $7,800,000, the property was built in 1961 and contains approximately 23,975 rentable square feet on a 0.85-acre site. The unit mix consists of 21 studios, 16 one-bedroom/one-bath units, two two-bedroom/one-bath units, and two two-bedroom/two-bath units.
The property offers an attractive combination of current income and identifiable rental upside. Approximately 25% of the units have been extensively renovated, with renovated units achieving a demonstrated rental premium over classic units. In-place rents remain below asking rents, providing an opportunity to increase income through natural turnover and continuation of the existing renovation program. Additional potential income opportunities include increasing carport parking charges and implementing a ratio utility billing system (RUBS) to recover a portion of master-metered utility expenses.
Community amenities include a swimming pool, controlled access, on-site laundry, garden/courtyard areas and covered parking. The property provides approximately one parking space per unit, including 39 carports, one two-car garage and one surface space. Electricity is individually metered, while gas, water, sewer and trash are master metered.
At the asking price, the property is offered at approximately $190,244 per unit and $325 per square foot, with a 5.74% current/pro forma capitalization rate and a projected 6.00% plus Year-1 capitalization rate. Average in-place rent is approximately $1,539 per unit compared with average asking rent of approximately $1,671.
Baldwin Valley Apartments is strategically located near Interstate 10 and State Route 60 and approximately one mile from the El Monte Metrolink Station and less than one mile from El Monte Station, providing residents convenient connectivity throughout the San Gabriel Valley and greater Los Angeles employment market. The combination of existing cash flow, proven renovation upside, additional operational income opportunities and a transit-oriented location make Baldwin Valley Apartments an attractive value-add multifamily investment opportunity.
ADU potential exists as additional upside and buyer to verify. Recent Capital Improvements include the roof, electrical system, windows, and parking lot slurry seal.
Listing Agent
Mike Marcu, Broker Brokerage Phone: 949 688 1224 License #00919594 Listed on: 08/19/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 36,949 Sq Ft Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
- Level Lot
- Irregular Lot
- Density is over 40 Units/Acre
Parking
- 2 Open Parking Spaces
- 1 Car Garage
- 39 Carport Spaces
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 23,975 Sq Ft Home
- 2-Story Property
- Leased Washer and Dryer
Bedrooms and Bathrooms
- 22 Bedrooms
- 43 Full Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 32
- Assessor Parcel Number 8578008003
- $12,621 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 41 Units
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- 42 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $3,000
- Fuel Expense $9,000
- Insurance Expense $31,823
- Maintenance Expense $26,650
- Other Expense $22,397
- Pool Expense $3,500
- Professional Management Expense $53,050
- Trash Expense $12,000
- Water Sewer Expense $23,999
- New Taxes Expense $115,830
- Operating Expense $301,249
- Gross Income $30,767
- Net Operating Income $447,434
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $37,535 | $1,902,887 | $799,530 | $1,103,357 |
| 2025 | $37,535 | $1,865,576 | $783,853 | $1,081,723 |
| 2024 | $34,436 | $1,828,997 | $768,484 | $1,060,513 |
| 2023 | $33,889 | $1,793,135 | $753,416 | $1,039,719 |
| 2022 | $32,667 | $1,757,977 | $738,644 | $1,019,333 |
| 2021 | $32,795 | $1,723,508 | $724,161 | $999,347 |
| 2019 | $33,029 | $1,689,679 | $702,683 | $986,996 |
| 2018 | $32,094 | $1,656,888 | $688,905 | $967,983 |
| 2016 | $30,595 | $1,575,932 | $662,155 | $913,777 |
| 2015 | $30,241 | $1,552,261 | $652,209 | $900,052 |
| 2014 | $29,475 | $1,521,856 | $639,434 | $882,422 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2026 08/19/26 | For Sale | $7,800,000 | -- | $325 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Individual Deed | $1,190,000 | Commonwealth Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $19,100,000 | Credit Line Revolving |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26182244
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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