NOT LISTED FOR SALE

3045 Big Dalton Ave Baldwin Park, CA 91706

Estimated Value: $1,713,000

20 Beds
18 Baths
12,713 Sq Ft
$135/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $3,500,000 $275 Per Sq Ft

Current estimated payment $11,022/month

10 Days on Market

About This Home

As of May 2021

We are pleased to exclusively offer for sale this 14 unit multi-family investment in the city of Baldwin Park. The subject property is comprised of 2 contiguous parcels (3045 Big Dalton & 3055 Big Dalton). The unit mix consists of 8(2Bed/1.5Bath) two-story townhouses, and 6(2Bed/1Bath) two-story townhouses. The total lot size for both parcels is 49,688 (over 1 acre of land!) Tenants enjoy onsite garage & open space parking, private backyards, and plenty of open space. The rental units are separately metered for electricity and gas, while the owner pays for water and trash. Given the size of the double lots, an investor may also look to add additional living space for increased cash-flow (buyer to confirm with proper city authorities with respect to any potential development.) Buyer and Buyer's agent to be aware that the city of Baldwin Park has its own individual rent control ordinance.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 04/13/2021

RE/MAX 2000 REALTY

Last Buyer's Agent

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 04/13/2021

RE/MAX 2000 REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,114

Year Built

  • Built in 1962

Lot Details

  • 1.14 Acre Lot
  • No Units Above
  • 1 Common Wall
  • Density is 11-15 Units/Acre
  • 8460-005-017

Parking

  • 10 Open Parking Spaces
  • 12 Car Garage
  • 1 Carport Space

Home Design

  • 12,713 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 18 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Tax Tract Number 16
  • Assessor Parcel Number 8460005016

Community Details

Overview

  • 4 Buildings
  • 14 Units

Building Details

  • 13 Leased Units
  • Rent Control
  • 14 Separate Electric Meters
  • 14 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $552
  • Insurance Expense $4,506
  • Maintenance Expense $9,501
  • Other Expense $2,100
  • Trash Expense $8,850
  • Water Sewer Expense $4,537
  • New Taxes Expense $33,808
  • Operating Expense $63,854
  • Gross Income $195,900
  • Net Operating Income $126,169

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,114

Year Built

Built in 1962

Lot Details

0

Parking

12

Listing Details

  • CapRate: 4.63
  • Property Attached: Yes
  • Water Sewer Expenses: 4537.00
  • Zoning: BPR3*
  • Property Type: Residential Income
  • Parcel Number: 8460005016
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above
  • Levels: Two
  • Price Per Square Foot: 275.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 12.00
  • Total Parking Spaces: 23.00
  • Uncovered Spaces: 10.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 8850.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 8460-005-017
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 49688.00
  • Lot Size Acres: 1.1407

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 552.00
  • Gross Income: 195900.00
  • Gross Multiplier: 13.90
  • Gross Operating Income: 190023.00
  • Gross Scheduled Income: 195900.00
  • Insurance Expense: 4506.00
  • Lot Size Area: 49688.0000 Square Feet
  • Maintenance Expense: 9501.00
  • Net Operating Income: 126169.00
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 14
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 13
  • Number Of Units Total: 14
  • Operating Expense: 63854.00
  • Other Expense: 2100.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Actual Rent: 16325.00
  • Total Expenses: 63854.00
  • Vacancy Allowance: 5877

Tax Info

  • New Taxes Expense: 33808.00
  • Tax Census Tract: 4048.02
  • Tax Lot: 20
  • Tax Tract Number: 016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Apr 30, 2021
Sold by
Leung Alisha
Bought by
Leung Alisha Kin Wah
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Kristopher German
RE/MAX 2000 REALTY
List Price
$2,650,000
Sold Price
$3,500,000
Premium/Discount to List
$850,000
32.08%
Current Estimated Value
$1,713,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,787,000

Purchase Details

Listed on
Apr 13, 2021
Closed on
Apr 27, 2021
Sold by
Leung Jason Kai Ming and Leung Stephen Kin
Bought by
Thorndale Capital Llc
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Kristopher German
RE/MAX 2000 REALTY
List Price
$2,650,000
Sold Price
$3,500,000
Premium/Discount to List
$850,000
32.08%

Purchase Details

Closed on
Jul 20, 2018
Sold by
Leung Jason Kai Ming and Leung Stephen Kin Wah
Bought by
Kai Ming Leung Jason and Leung Stephen Kin Wah

Purchase Details

Closed on
Jan 26, 2001
Sold by
Leung Lisa F
Bought by
Leung Lisa F and The Lisa Leung Living Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Leung Alisha Kin Wah -- Fidelity National Title
Leung Jason Kai Ming -- Fidelity National Title
Thorndale Capital Llc $3,500,000 Fidelity National Title Co
Kai Ming Leung Jason -- None Available
Leung Lisa F -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $3,500,000 0.0% $275 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/22/2021 04/22/21 Off Market $3,500,000 -- --
04/15/2021 04/15/21 Price Changed $2,725,000 +2.8% $214 / Sq Ft
04/13/2021 04/13/21 For Sale $2,650,000 -- $208 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $21,114 $1,623,646 $757,701 $865,945
2024 $21,114 $1,591,811 $742,845 $848,966
2023 $20,909 $1,560,600 $728,280 $832,320
2022 $20,971 $1,530,000 $714,000 $816,000
2021 $12,617 $846,418 $231,140 $615,278
2020 $12,588 $837,740 $228,770 $608,970
2019 $11,882 $821,315 $224,285 $597,030
2018 $11,153 $805,212 $219,888 $585,324
2016 $10,508 $773,947 $211,350 $562,597
2015 $10,776 $762,323 $208,176 $554,147
2014 $10,650 $747,392 $204,099 $543,293
Source: Public Records

Agents Affiliated with this Home

  • Kristopher German

    Seller's Agent in 2021

    Kristopher German

    RE/MAX

    (909) 645-0443

    7 in this area

    119 Total Sales

    Kristopher German
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21077072

California Regional Multiple Listing Service (CRMLS)

APN: 8460-005-016

California Los Angeles County Baldwin Park 91706

3045 Big Dalton Ave, Baldwin Park, CA

This home is located at 3045 Big Dalton Ave, Baldwin Park, CA 91706 since 13 April 2021 and is currently priced at $1,713,000, approximately $134 per square foot. This property was built in 1962. 3045 Big Dalton Ave is a home located in Los Angeles County with nearby schools including Foster Elementary, Charles D. Jones Junior High School, and Baldwin Park High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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