NOT LISTED FOR SALE

3557 Big Dalton Ave Baldwin Park, CA 91706

15 Beds
10 Baths
13,188 Sq Ft
0.73 Acres

Last Sold October 15, 2021

Last sale price $4,610,000 $350 Per Sq Ft

14 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • Central Heating and Cooling System
  • 0.73 Acre Lot
  • 30 Attached Carport Spaces

About This Home

As of October 2021

We are pleased to present for sale this "One-Of-A-Kind" investment opportunity located in the city of Baldwin Park. The Property is a well-maintained 16 unit Townhouse-Style apartment building built in 1978 which offers an excellent unit mix of Eight 2 Bedroom/1 Bathroom units (all 2-Story townhouse style), and Eight 1 Bedroom/1 Bathroom Units (all 2-Story townhouse style). The subject property is situated on an oversized 31,927 square foot lot and features LARGE Rental Units, updated kitchens & bathrooms, new landscaping, and a newer roof. All units have direct entry from their own private covered parking area. Tenants enjoy a private patio on the ground floor, central A/C & Heat, plenty of on-site secured parking, and an automatic gated entrance. Additional Income is procured from an on-site Laundry Room. This investment offering provides Strong In-Place Rents and Attractive Cash-flow with Realistic Rental Upside. This Property would be a great addition to any Investment Portfolio or 1031-Exchange Purchase.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 08/24/2021

RE/MAX 2000 REALTY

Last Buyer's Agent

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 08/24/2021

RE/MAX 2000 REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.73 Acre Lot
  • No Units Above
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 2 Car Garage
  • 30 Attached Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 13,188 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 10 Bathrooms

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 14
  • Assessor Parcel Number 8460001014
  • $5,248 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,181
  • Fuel Expense $646
  • Gardener Expense $3,000
  • Insurance Expense $5,275
  • Maintenance Expense $15,532
  • Other Expense $2,400
  • Professional Management Expense $5,820
  • Trash Expense $4,934
  • Water Sewer Expense $5,866
  • New Taxes Expense $59,551
  • Operating Expense $104,205
  • Gross Income $320,244
  • Net Operating Income $206,431

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 300000
  • Professional Management Expense: 5820.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5866.00
  • Zoning: BPR1*
  • Property Type: Residential Income
  • Gardener Expense: 3000.00
  • Parcel Number: 8460001014
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above
  • Levels: Two
  • Price Per Square Foot: 349.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 30.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport
  • Total Parking Spaces: 32.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 4934.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 31927.00
  • Lot Size Acres: 0.7329

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1181.00
  • Fuel Expense: 646.00
  • Gross Income: 320244.00
  • Gross Operating Income: 310637.00
  • Gross Scheduled Income: 320244.00
  • Insurance Expense: 5275.00
  • Laundry Income: 2100.00
  • Lot Size Area: 31927.0000 Square Feet
  • Maintenance Expense: 15532.00
  • Net Operating Income: 206431.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 104205.00
  • Other Expense: 2400.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Actual Rent: 26512.00
  • Total Expenses: 104205.00
  • Vacancy Allowance: 9607

Tax Info

  • New Taxes Expense: 59551.00
  • Tax Census Tract: 4052.03
  • Tax Lot: 8
  • Tax Tract Number: 014
  • TaxOtherAnnualAssessmentAmount: 5248.00

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 Change Sq Ft Price
10/15/2021 10/15/21 Sold $4,610,000 -4.0% $350 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $4,800,000 -- $364 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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: CV21186981

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

3557 Big Dalton Ave, Baldwin Park, CA

This home is located at 3557 Big Dalton Ave, Baldwin Park, CA 91706 since 24 August 2021. This property was built in 1978. 3557 Big Dalton Ave is a home located in Los Angeles County with nearby schools including Central Elementary, Charles D. Jones Junior High School, and Baldwin Park High School.

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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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