NOT LISTED FOR SALE

4220 Baldwin Park Blvd Baldwin Park, CA 91706

12 Beds
12 Baths
4,912 Sq Ft
0.41 Acres

Last Sold May 30, 2018

Last sale price $1,670,000 $340 Per Sq Ft

17 Days on Market

Highlights

  • 17,941 Sq Ft lot
  • 14 Car Garage
  • 1-Story Property

About This Home

As of May 2018

First time property is being offered For Sale on the market since being constructed. Prime Value-Add Opportunity in desirable Baldwin Park Location. Property is NOT subject to Rent Control. Current Rents are significantly under-market levels leaving a new buyer to instant upside of +/- 47%. This NEWER CONSTRUCTED building is comprised of spacious 2 Bedroom and 2 Bathroom units with Laundry hook-ups and separate water heaters in each unit. Large Double-Lot measuring 17,941 Sq.Ft provides 14 Parking Spaces which are comprised of seven enclosed 2-car garages. Long Term Owner - True Pride of Ownership Property. Highly Desirable Single-Level Construction located in coveted San Gabriel Valley.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 02/12/2018

Remax Commercial and Investment Realty

Co-Listed By

Tigran Grigoryan

Remax Commercial and Investment Realty License #01949804

Last Buyer's Agent

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 02/12/2018

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.41

Parking

  • 14 Car Garage

Interior Spaces

  • 4,912 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Additional Features

  • 0.41 Acre Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 8544-017-052

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4912
  • Stories: 1
  • Year Built: 1978
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 12.00
  • Den: 0
  • Price Per S Q F T: 341.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 14

Utilities

  • Cooling: Wall Unit(s)
  • Water Expense: 1441.00

Fee Information

  • Insurance Expense: 1830.00
  • Maintenance Expense: 4423.00
  • Other Expense: 3254.00
  • Trash Expense: 2456.00

Lot Info

  • Assessed Improvement Value: 290819
  • Assessed Land Value: 103304
  • Assessor Parcel Number: 8544-017-052
  • Geocode Override: No
  • Lot Size Area: 17941

Rental Info

  • Monthly Gross Income: 7600.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 18.37
  • Gross Scheduled Income: 91200.00
  • Number Of Units: 6
  • Total Annual Expense: 33886
  • Type Of Units: Apartment
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 19390.00

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $1,670,000 -0.3% $340 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $1,675,000 -- $341 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-312764

The MLS