4324 Walnut Street

Baldwin Park, CA 91706

  • 0 Bed(s)
  • 0 Bath(s)
  • 17,856 Sqft
  • 28826
    Sqft(Lot)
$5,500,000

Description

New price! only $229,000 per unit for all 2bed/1bath units in the prime san gabriel valley rental market! we are delighted to present this exceptional 24-unit multi-family residential investment opportunity, strategically located in the highly sought-after rental market of baldwin park. this well maintained property occupies a substantial 28,826 square foot lot, featuring 17,856 square feet of rentable space, composed exclusively of well-designed 2-bedroom/1-bathroom units.



each unit is individually metered for both electricity and gas, ensuring ease of utility management and cost distribution among the tenants. the property boasts onsite amenities including ample carport parking and a laundry facility, both of which enhance tenant convenience and contribute positively to retention rates. furthermore, a handful of units have been upgraded with modern copper plumbing and updated electrical panels, significantly boosting the functionality and attractiveness of these spaces.



for the astute investor, this property offers a compelling value-add proposition with the possibility of realizing over a 60% increase in rental income. this presents a substantial opportunity to reposition the asset and maximize returns in a market that highly values and rewards quality rental offerings.



this fully occupied, income-producing property represents a rare and lucrative investment and the opportunity to secure a significant asset with tremendous potential for revenue enhancement.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    46525780

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1964
    • Building Area Total: 17,856

    Pool Features

    • None

    Laundry Features

    • Common Area,Inside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.6618
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 28826

  • Listing Price Information

    • Original List Price: 5,500,000
    • Listing Contract Date: 2024-08-01

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 8546025027

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 608 - Baldwin Pk/Irwindale
    • Directions: North of I-10, East of I-605; Near the Intersection of Los Angeles St & Walnut St
    • Zoning: BPRG*
    • Source Property Type: Residential Income
    • Area: 608 - Baldwin Pk/Irwindale
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 60
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/17/2024 @ 16:26

  • MLS: CV24158561
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 17,856 sqft, 28,826 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Baldwin Park , in zip code 91706, this Los Angeles County Home are nearby neighborhoods.