Apartments For Sale • 35,954 SF
| Well-Maintained 41-Unit Asset | One Block from the 10 Freeway in the Bustling City of Baldwin Park |
| Assumable Loan | 2.95% Interest Only Payments until June 2030 |
| Attractive 6.84% Cash on Cash Return with Current Income | 11.05% Return with Pro Forma Income with Loan Assumption |
| Currently 4.84% Cap Rate on Current Income | 6.90% Cap Rate at Market Rents |
| Pride of Ownership Asset Situated on an Oversized ±71,546 SF Lot |
| Diverse Unit Mix | Featuring (20) 1B/1B, (10) 2B/1B, and (11) 2B/2B Floor Plans with an Average Unit Size of ±879 SF |
| Cap Rate: | 4.84 % |
| Total Expenses: | $351,489 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Baldwin Park (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 5 min | - | 1.6 mi |
| El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 7 min | - | 4.3 mi |
| Airport | Drive | Walk | Distance |
| Long Beach (Daugherty Field) | 35 min | - | 25.4 mi |
| Ontario International | 37 min | - | 25.5 mi |
| Bob Hope | 41 min | - | 30.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 45 |
| Type: | Covered |
| Included in Rent: | Yes |