Seller's Agent in 2020
Rick Applebaum
Morgan Skenderian
(949) 251-8800
74 Total Sales
14508 Clark St Baldwin Park, CA 91706
Baldwin Park Area
4
Beds
5
Baths
6,813
Sq Ft
0.47
Acre Lot
About This Home
As of November 2020We are pleased to offer 14508-18 Clark Street, a 6-unit investment opportunity located in the city of Baldwin Park. Located just steps to Downtown Baldwin Park, this investment offers the best of what the city has to offer right at your doorsteps. A highly desirable asset containing single story and townhouse style 2BR/2BA units with newer central a/c & heat, newer copper plumbing and vinyl/plank flooring in 5 out of the 6 units. Vacancies are rare as tenants enjoy the large format floor plans averaging over 1,000 sq.ft. per unit and include such amenities often found in single-family homes that include large patios with concrete slabs, central a/c & heat, W/D hookups and fireplaces. The tenants also are responsible for paying all utilities at the property, keeping the expense ratio for ownership exceptionally low and predictable. Additionally, this property offers each unit a double car, direct access garage along with (18) onsite parking spaces, a total of 30 available parking spaces which equates to a 5:1 parking ratio. With its single-family home amenities, close proximity to Downton Baldwin Park, and excellent condition, this opportunity would be a stand out addition to any investor's portfolio. *Fantastic Location, Just Steps to Downtown Baldwin Park, *All 2BR/2BA Single-Story & Townhouse Style Units, *All Utilities Paid by Tenants, *All Units Average Over 1,000 Sq.Ft., *Central A/C & Heat, Direct Access Garages, W/D Hookups & Fireplaces, *5:1 Parking Ratio
Last Agent to Sell the Property
Morgan Skenderian License #01273871 Listed on: 09/21/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1977
Lot Details
- 20,647 Sq Ft Lot
- No Common Walls
- Density is 6-10 Units/Acre
Parking
- 18 Open Parking Spaces
- 12 Car Garage
Home Design
- 6,813 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Bathrooms
Additional Features
- Washer and Gas Dryer Hookup
- Exterior Lighting
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 40904
- Assessor Parcel Number 8437003032
Community Details
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 6 Separate Water Meters
- Gardener Expense $1,500
- Insurance Expense $2,725
- Maintenance Expense $7,312
- New Taxes Expense $21,565
- Operating Expense $36,524
- Gross Income $121,871
- Net Operating Income $85,347
Additional Features
- 6 Units
- Laundry Facilities
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 23, 2022
Sold by
Bought by
Purchase Details
Closed on
Mar 28, 2022
Sold by
Bought by
Purchase Details
Listed on
Sep 21, 2020
Closed on
Oct 23, 2020
Sold by
Bought by
Seller's Agent
Rick Applebaum
Morgan Skenderian
Buyer's Agent
Christina Wong
Newco Realty
List Price
$1,825,000
Sold Price
$1,778,000
Premium/Discount to List
-$47,000
-2.58%
Purchase Details
Closed on
Apr 8, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
0.043%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 1, 2018
Sold by
Bought by
Purchase Details
Closed on
Oct 20, 2014
Sold by
Bought by
Purchase Details
Closed on
Jul 11, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
0.0411%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 4, 2006
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $2,250,000 | Pacific Coast Title | ||
| $1,778,000 | Ticor Title Company Of Ca | ||
| -- | Fidelity National Title Co | ||
| -- | Fidelity National Title Co | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Title365 Company | ||
| -- | None Available |
Source: Public Records
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 | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,600,000 | ||
| Previous Owner | $750,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 11/23/2020 11/23/20 | Sold | $1,778,000 | -2.6% | $261 / Sq Ft |
| 10/23/2020 10/23/20 | Pending | -- | -- | -- |
| 09/21/2020 09/21/20 | For Sale | $1,825,000 | -- | $268 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $31,782 | $2,387,716 | $1,721,278 | $666,438 |
| 2024 | $30,048 | $2,340,899 | $1,687,528 | $653,371 |
| 2023 | $29,759 | $2,295,000 | $1,654,440 | $640,560 |
| 2022 | $25,038 | $1,813,560 | $1,020,000 | $793,560 |
| 2021 | $24,663 | $1,778,000 | $1,000,000 | $778,000 |
| 2020 | $10,034 | $591,772 | $201,181 | $390,591 |
| 2019 | $9,528 | $580,170 | $197,237 | $382,933 |
| 2018 | $8,852 | $568,795 | $193,370 | $375,425 |
| 2016 | $8,287 | $546,710 | $185,862 | $360,848 |
| 2015 | $8,468 | $538,499 | $183,071 | $355,428 |
| 2014 | $8,377 | $527,951 | $179,485 | $348,466 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Applebaum
-
Christina Wong
Buyer's Agent in 2020
Christina Wong
Newco Realty
(909) 396-6870
24 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20197663
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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