3630 Baldwin Avenue,  El Monte CA, 91731 (Residential Income)

7,632 sqft
Status: Active
MLS#: PW16041122
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Last Updated: 12/4/2016 2:49 AM
Description for 3630 Baldwin Avenue El Monte, CA 91731
This very well maintained apartment offering includes three addresses: 3628 Baldwin Ave., 3628 1/2 Baldwin Ave. and 3630 Baldwin Avenue. Total 9 units apartment complex. The property consists of 3 separate buildings (1-Frame House in Front (Built: 1924) + 2-Four Units Bldgs. in Rear, Built: 1963 ) all 2 BED + 1 BATH and 2 Assigned Parking spaces per Unit. Each Unit has own Washer & Dryer Hookups. Most units updated with Newer Bathrooms, Tile Flooring, Vinyl Dual Pane Windows with , providing excellent cash flow. This property allows an investor to implement various holding strategies: A passive approach, whereas a buyer can enjoy immediate cash flow upon the close of escrow; An aggressive approach, by issuing rental increases to raise to rents to market and increase potential yield.
Price
$2,149,000
Los Angeles
7,632 (approx)
PW16041122
Active
Description
This very well maintained apartment offering includes three addresses: 3628 Baldwin Ave., 3628 1/2 Baldwin Ave. and 3630 Baldwin Avenue. Total 9 units apartment complex. The property consists of 3 separate buildings (1-Frame House in Front (Built: 1924) + 2-Four Units Bldgs. in Rear, Built: 1963 ) all 2 BED + 1 BATH and 2 Assigned Parking spaces per Unit. Each Unit has own Washer & Dryer Hookups. Most units updated with Newer Bathrooms, Tile Flooring, Vinyl Dual Pane Windows with , providing excellent cash flow. This property allows an investor to implement various holding strategies: A passive approach, whereas a buyer can enjoy immediate cash flow upon the close of escrow; An aggressive approach, by issuing rental increases to raise to rents to market and increase potential yield.
Listing Information
Property Type: Cluster, 2 Story
0.32 Acres 1,429,600 sq.ft. 7,632 (approx)
$281.58 1963
2
9 Total
Neighborhood
Room Information
Gas Dryer Hookup
Exterior / Lot Features
18 Parking Spaces, Assigned Parking Space
None
No Pool
Urban
Driving Directions
Cross Streets: S/Valley N/Loftus Drive
Financial Considerations
8578007005
$108,000 Income ,$45,073Expense
Listing Price History

El Monte Real Estate

El Monte is located in California. El Monte, California 91731 has a population of 114,032.

The median household income in El Monte, California 91731 is $41,861. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in El Monte 91731 is 32.8 years.

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Courtesy: Albert Realty Albert Ong
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Information is deemed reliable but is not guaranteed.

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