NOT LISTED FOR SALE

1718 Big Dalton Ave Baldwin Park, CA 91706

5 Beds
3 Baths
6,248 Sq Ft
0.32 Acres

Last Sold April 10, 2015

Last sale price $1,378,000 $221 Per Sq Ft

160 Days on Market

About This Home

As of April 2015

*SELLER FINANCING at 4%
*Strong Investment Region of the San Gabriel Valley
*Six Two-Car Garage Parking
*Copper Plumbing
*Low Rents - Over 7 Percent Below Market
*5.7% Cash on Cash Return
*1986 Construction
*Individually Metered for Gas and Electricity
*38 Year Contractors License

Marcus & Millichap is pleased to exclusively present the Big Dalton Apartments. The property consists of one, two-bedroom/one-bathroom house built in 1930 and renovated in 1986 that fronts Big Dalton Avenue and six apartments built in 1986. The apartments consist of three, one-bedroom/one-bathroom units that are each approximately 850 square feet and three, two-bedroom/one-bathroom units of approximately 910 square feet each. The units are individually metered for gas and electricity and have individual hot water heaters. There are also six, two car garages and an on-site laundry facility.

The property's strong unit mix, newer construction, upside in rents and high-demand retail location provide a new owner the opportunity to acquire an investment asset with exceptional cash flow. This offering also includes an established 38 year contractor's license.

Last Agent to Sell the Property

Mark Sanfilippo

KELLER WILLIAMS COVINA License #01869254 Listed on: 10/24/2014

KELLER WILLIAMS COVINA

Last Buyer's Agent

Jihan Kassih

RE/MAX CHAMPIONS License #01875741

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.32 Acre Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 12 Car Garage

Home Design

  • 6,248 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 002
  • Tax Tract Number 3
  • Assessor Parcel Number 8558003002

Community Details

Overview

  • 7 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $749
  • Insurance Expense $1,981
  • Maintenance Expense $3,492
  • Trash Expense $2,352
  • Water Sewer Expense $3,622
  • New Taxes Expense $18,712
  • Gross Income $7,925
  • Net Operating Income $62,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Parking

12

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3622.00
  • Property Type: Residential Income
  • Parcel Number: 8558003002
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 220.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 12.00
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 2352.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Level, Rectangular Lot, Level with Street, Lot 10000-19999 Sqft, Paved
  • Lot Size Sq Ft: 13793.00
  • Lot Size Acres: 0.3170

Multi Family

  • Electric Expense: 749.00
  • Gross Income: 7925.00
  • Gross Scheduled Income: 95100.00
  • Insurance Expense: 1981.00
  • Lot Size Area: 13793.0000 Square Feet
  • Maintenance Expense: 3492.00
  • Net Operating Income: 62560.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 31838.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 18712.00
  • Tax Lot: 002
  • Tax Tract Number: 003
  • Tax Year: 2013

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2015 04/10/15 Sold $1,378,000 -0.7% $221 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
10/24/2014 10/24/14 For Sale $1,388,000 -- $222 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Sanfilippo

    Seller's Agent in 2015

    Mark Sanfilippo

    KELLER WILLIAMS COVINA

    (909) 660-6050

    3 Total Sales

    Mark Sanfilippo
    Section Image
  • Jihan Kassih

    Buyer's Agent in 2015

    Jihan Kassih

    RE/MAX

    (909) 614-9902

    1 in this area

    27 Total Sales

    Jihan Kassih
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14233054

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Baldwin Park 91706

1718 Big Dalton Ave, Baldwin Park, CA

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