NOT LISTED FOR SALE

3323 Baldwin Park Blvd Baldwin Park, CA 91706

Estimated Value: $5,323,275

7 Beds
6 Baths
13,636 Sq Ft
$390/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $3,400,000 $249 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $32,149/month

85 Days on Market

About This Home

As of July 2015

Best investment deal in Baldwin Park. 12 units Townhouse Condo type Gated Community. Built in Year 1988 For 12 units with 2 car attached garage on each unit. 100% Occupancy. No Rent Control. NEW remodeled wood floors throughout the whole house. Kitchen has granite counter tops and double panel energy saving sliding door for each unit. Every unit has it's own laundry room plus central AC and heating system. There are 2 buildings. Each building has 6 units in a gated community. There are 8 units for 2 bedrooms and 2 baths (7 units rents for $1,550 per month, the other unit rents for $1,650). Rest of the other 4 units are 3 bedrooms and 2 baths (each Unit rents for $1,795 per month). Tenants pay their own electricity and gas. Landlord only pays for water, trash and gardener. Total annual rental income is approx. $236,160. Annual expenses include insurance/property tax/water/gas/common area electricity is approx. $52,150. Annual net income is approx. $184,010. Long term Tenants month to month Lease. Close by Super Market, Bus Stations, Shopping Center, Restaurants, Kaiser Hospital. Easy access Freeway 10 and 605.

Last Agent to Sell the Property

Teresa Wang

Century Commercial RE Services License #01772547 Listed on: 05/07/2015

Last Buyer's Agent

Tommy Nguyen

Credent Real Estate License #01374620

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $47,112

Year Built

  • Built in 1988

Lot Details

  • 0.54 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 24 Car Garage

Home Design

  • 13,636 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 26
  • Tax Tract Number 718
  • Assessor Parcel Number 8552023014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 12 Units

Building Details

  • 12 Leased Units
  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $497
  • Gardener Expense $1,800
  • Insurance Expense $3,500
  • Trash Expense $4,220
  • Water Sewer Expense $8,733
  • New Taxes Expense $28,000
  • Gross Income $19,680
  • Net Operating Income $184,010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$47,112

Year Built

Built in 1988

Lot Details

0

Parking

24

Listing Details

  • CapRate: 5.13
  • Other Phone Description: 626-500-5789
  • Property Attached: No
  • Water Sewer Expenses: 8733.00
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 8552023014
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 249.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 24.00
  • Total Parking Spaces: 28.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 4220.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 23426.00
  • Price Per Lot Square Foot: 145.14
  • Lot Size Acres: 0.5380

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 497.00
  • Gross Income: 19680.00
  • Gross Scheduled Income: 236160.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 23426.0000 Square Feet
  • Net Operating Income: 184010.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 52150.00
  • Rent Control: No
  • Total Actual Rent: 19680.00

Tax Info

  • New Taxes Expense: 28000.00
  • Tax Lot: 26
  • Tax Tract Number: 718

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2019
Sold by
Nuti Investment And Trade Llc
Bought by
Los Angeles Llc
Current Estimated Value
$5,323,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.5%

Purchase Details

Listed on
May 7, 2015
Closed on
Jun 11, 2015
Sold by
Zcjb Llc
Bought by
Nuti Investment & Trade Llc
Seller's Agent
Teresa Wang
Century Commercial RE Services
Buyer's Agent
Tommy Nguyen
Credent Real Estate
List Price
$3,590,000
Sold Price
$3,400,000
Premium/Discount to List
-$190,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%

Purchase Details

Listed on
Aug 15, 2013
Closed on
Oct 23, 2013
Sold by
Gridley Artesia Llc
Bought by
Zcjb Llc
Seller's Agent
Lily Yun
High Ten Partners, Inc.
Buyer's Agent
Lily Yun
High Ten Partners, Inc.
List Price
$2,480,000
Sold Price
$2,550,000
Premium/Discount to List
$70,000
2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.76%
Original Mortgage
$1,530,000
Interest Rate
4.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 1997
Sold by
Gridley Artesia General Partnership
Bought by
Gridley Artesia Llc
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
Los Angeles Llc $3,414,000 Fidelity National Title Co
Nuti Investment & Trade Llc $3,400,000 Title 365
Zcjb Llc $2,550,000 Chicago Title Company
Gridley Artesia Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Los Angeles Llc $1,400,000
Previous Owner Zcjb Llc $1,530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2015 07/31/15 Sold $3,400,000 -5.3% $249 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $3,590,000 +40.8% $263 / Sq Ft
10/28/2013 10/28/13 Sold $2,550,000 +2.8% $187 / Sq Ft View Prior Sale
08/28/2013 08/28/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $2,480,000 -- $182 / 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 $47,112 $3,733,704 $1,093,645 $2,640,059
2024 $47,112 $3,660,495 $1,072,201 $2,588,294
2023 $46,654 $3,588,722 $1,051,178 $2,537,544
2022 $47,600 $3,518,356 $1,030,567 $2,487,789
2021 $46,875 $3,449,369 $1,010,360 $2,439,009
2019 $47,025 $3,608,107 $2,546,899 $1,061,208
2018 $44,698 $3,537,360 $2,496,960 $1,040,400
2016 $42,115 $3,400,000 $2,400,000 $1,000,000
2015 $34,461 $2,600,949 $1,835,964 $764,985
2014 $33,967 $2,550,000 $1,800,000 $750,000
Source: Public Records

Agents Affiliated with this Home

  • Teresa Wang

    Seller's Agent in 2015

    Teresa Wang

    Century Commercial RE Services

    (626) 500-5789

    1 in this area

    24 Total Sales

    Teresa Wang
    Section Image

  • T

    Buyer's Agent in 2015

    Tommy Nguyen

    Credent Real Estate

    Section Image
  • Lily Yun

    Seller's Agent in 2013

    Lily Yun

    High Ten Partners, Inc.

    (626) 589-5832

    12 Total Sales

    Lily Yun
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15098167

California Regional Multiple Listing Service (CRMLS)

APN: 8552-023-014

California Los Angeles County Baldwin Park 91706

3323 Baldwin Park Blvd, Baldwin Park, CA

This home is located at 3323 Baldwin Park Blvd, Baldwin Park, CA 91706 since 07 May 2015 and is currently estimated at $5,323,275, approximately $390 per square foot. This property was built in 1988. 3323 Baldwin Park Blvd is a home located in Los Angeles County with nearby schools including Tracy Elementary School, Sierra Vista Middle School, and Sierra Vista High.

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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