NOT LISTED FOR SALE

4220 Baldwin Park Blvd Baldwin Park, CA 91706

12 Beds
12 Baths
4,912 Sq Ft
0.41 Acre Lot

Sale Details

Date 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

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

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

  • 17,941 Sq Ft 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

0.41 Acres

Listing Details

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

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 12.00
  • 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
  • Type Of Units: Apartment

Tax Info

  • Tax Expense: 19390.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
05/30/2018 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

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
2025 $25,467 $1,900,169 $760,068 $1,140,101
2024 $24,170 $1,862,912 $745,165 $1,117,747
2023 $23,935 $1,826,385 $730,554 $1,095,831
2022 $24,418 $1,790,575 $716,230 $1,074,345
2021 $24,064 $1,755,467 $702,187 $1,053,280
2019 $22,584 $1,703,400 $681,360 $1,022,040
2018 $6,764 $402,005 $105,370 $296,635
2016 $6,335 $386,396 $101,279 $285,117
2015 $6,459 $380,593 $99,758 $280,835
2014 $6,410 $373,138 $97,804 $275,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-312764

The MLS
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