NOT LISTED FOR SALE
2 Beds
1 Bath
21,600 Sq Ft
1.46 Acre Lot

Sale Details

Date Sold: May 6, 2025

Last sale price $6,300,000 $292 Per Sq Ft

18 Days on Market

Highlights

  • 1.46 Acre Lot
  • Laundry Facilities
  • Wall Furnace
  • No HOA

About This Home

As of May 2025

We are proud to present 3541–3545 Big Dalton Avenue, a 24-unit multifamily complex in San Gabriel Valley’s city of Baldwin Park. 3541–3545 Big Dalton Avenue is perfectly situated in a dense rental pocket just two-blocks from Baldwin Park High School, Charles D Jones Middle School, and Vineland Elementary. Additionally, the property is only one-block away from big name retailers like Walmart, Home Depot, Target, Food 4 Less, LA Fitness, and more; tenants enjoy the extremely high walkability score the property offers. The city of Baldwin Park is located just off the 10 and 605 freeways, which is just 18-miles from DTLA and City of Commerce and a short 5-minute drive to City of Industry, which are homes to a considerable number of LA County’s employers. Tenants also enjoy convenient commutes to frequently visited locations like Pasadena, Dodger Stadium, SoFi Stadium, Orange County, Western San Bernardino County, and everything in between. The property offers 24 large 2-Bedroom/1-Bathroom bungalow-style units with ±21,600 SF of building area and spans across a large ±64,000 SF lot. There are six, single-story duplexes on the west side of the lot with a shared two-car garage separating them. The remaining 12 units on the east side of the lot are within six, two-story duplexes also with attached garages and only sharing one common wall. Several upgrades have been made recently at the property including newly sealed asphalt in 2023, brand new exterior paint in 2021, two new owner electrical panels, and several interiors have been upgraded with quartz countertops and new flooring. 3541-3545 Big Dalton Ave in Baldwin Park is a promising income-producing property that offers a compelling long-term investment opportunity. A new investor can assume the existing debt, which features favorable 2.95% Interest Only payments extending to 2030. By taking on this debt, the investor can realize an above-market cash-on-cash return of approximately 8%. Situated in a sought-after neighborhood, this property presents a stable investment option for a wide range of investors, including first-time buyers, experienced professionals, and those seeking 1031 exchange benefits.

Last Agent to Sell the Property

Eric Chen

CB RICHARD ELLIS Brokerage Phone: 626-757-5717 License #01489184 Listed on: 01/23/2025

Last Buyer's Agent

Eric Chen

CB RICHARD ELLIS Brokerage Phone: 626-757-5717 License #01489184 Listed on: 01/23/2025

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 1.46 Acre Lot
  • Two or More Common Walls
  • Density is 21-25 Units/Acre

Parking

  • 30 Open Parking Spaces
  • 36 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 21,600 Sq Ft Home
  • 2-Story Property
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 6 / 1
  • Tax Tract Number 405203
  • Assessor Parcel Number 8460001013
  • $8,887 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 12 Buildings
  • 24 Units

Amenities

  • Laundry Facilities

Building Details

  • 23 Leased Units
  • Rent Control
  • 24 Separate Electric Meters
  • 24 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,075
  • Fuel Expense $122
  • Gardener Expense $4,400
  • Insurance Expense $16,800
  • Maintenance Expense $18,000
  • Other Expense $4,800
  • Professional Management Expense $44,675
  • Trash Expense $12,193
  • Water Sewer Expense $16,268
  • New Taxes Expense $83,066
  • Operating Expense $201,399
  • Gross Income $542,682
  • Net Operating Income $325,002

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

1.46 Acres

Parking

36

Listing Details

  • CapRate: 5.08
  • Professional Management Expense: 44675.00
  • Property Attached: Yes
  • Water Sewer Expenses: 16268.00
  • Zoning: BPR2*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 4400.00
  • Parcel Number: 8460001013
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 291.67

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 36.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 66.00
  • Uncovered Spaces: 30.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 12193.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 63636.00
  • Lot Size Acres: 1.4609

Multi Family

  • Electric Expense: 1075.00
  • Fuel Expense: 122.00
  • Gross Income: 542682.00
  • Gross Multiplier: 11.79
  • Gross Operating Income: 526402.00
  • Gross Scheduled Income: 542682.00
  • Insurance Expense: 16800.00
  • Lot Size Area: 63636.0000 Square Feet
  • Maintenance Expense: 18000.00
  • Net Operating Income: 325002.00
  • Number Of Separate Electric Meters: 24
  • Number Of Separate Gas Meters: 24
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 23
  • Number Of Units Total: 24
  • Operating Expense: 201399.00
  • Other Expense: 4800.00
  • Other Expense Description: Reserves
  • Other Income1: 2400.00
  • Other Income2: 1920.00
  • Rent Control: Yes
  • Total Actual Rent: 538362.00
  • Total Expenses: 201399.00

Tax Info

  • New Taxes Expense: 83066.00
  • Tax Block: 1
  • Tax Census Tract: 4052.03
  • Tax Lot: 6
  • Tax Tract Number: 405203
  • TaxOtherAnnualAssessmentAmount: 8887.00

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

Listed on
Jan 23, 2025
Closed on
Apr 5, 2025
Sold by
Hp Big Dalton Llc
Bought by
Seller's Agent
Eric Chen
CB RICHARD ELLIS
Buyer's Agent
Eric Chen
CB RICHARD ELLIS
List Price
$6,400,000
Sold Price
$6,300,000
Premium/Discount to List
-$100,000
-1.56%
Views
32

Purchase Details

Closed on
Oct 30, 2020
Sold by
Hilbert Properties Ii
Bought by
Hp Big Dalton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,709,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2017
Sold by
Battaglia Joseph E
Bought by
Hilbert Properties Ii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 1996
Sold by
Battaglia Joseph E
Bought by
Battaglia Joseph E
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$6,300,000 Fidelity National Title
Hp Big Dalton Llc -- Commonwealth Land Title
Hilbert Properties Ii $4,700,000 North American Title Company
Battaglia Joseph E -- --
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 $3,709,000
Previous Owner Hilbert Properties Ii $2,500,000
Previous Owner Battaglia Joseph E $900,000
Previous Owner Battaglia Joseph E $518,000
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
05/06/2025 05/06/25 Sold $6,300,000 -1.6% $292 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $6,400,000 -- $296 / 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
2026 $75,225 $6,426,000 $4,080,000 $2,346,000
2025 $75,225 $5,454,747 $2,253,855 $3,200,892
2024 $70,890 $5,347,792 $2,209,662 $3,138,130
2023 $70,199 $5,242,935 $2,166,336 $3,076,599
2022 $71,555 $5,140,133 $2,123,859 $3,016,274
2021 $70,451 $5,039,347 $2,082,215 $2,957,132
2019 $66,141 $4,890,079 $2,020,456 $2,869,623
2018 $62,455 $4,794,200 $1,980,840 $2,813,360
2016 $24,085 $1,536,519 $308,340 $1,228,179
2015 $24,576 $1,513,440 $303,709 $1,209,731
2014 $24,380 $1,483,795 $297,760 $1,186,035
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25016680

California Regional Multiple Listing Service (CRMLS)
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