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13887 Francisquito Ave
Baldwin Park, CA 91706 Baldwin Park

$800,000

Storefront Retail Residential For Sale  •  2,400 Sq Ft

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 2,400 Sq Ft
  • Lot Size 0.12 ac
  • Building Class C
  • Year Built 1959
  • Cap Rate 3.87 %
  • Tenancy Multiple
  • Zoning BPCM*
33 Transit Score
68 Walk Score

Description

The property at 13887 Francisquito Avenue in Baldwin Park California, is comprised of (1) two-story building, with a retail unit in front and (2) 2BR/1BA apartment units above. In all, the property totals 2,400 square feet of rentable space on 0.19 acres of land. Located directly off of the Francisquito exit on the 10 fwy, this property is accessible for retail customers, yet also secluded for the apartment residents due to the high freeway retainer/noise-barrier wall and quiet dead-end cross street of Vineland. This area of Baldwin Park is a retail magnet for multi-national corporations evidenced by the many shopping centers located within 1 mile radius of the subject property, housing national credit tenants such as Target, Starbucks, Food 4 Less, CVS, IHOP, Home Depot, Walmart, and many others. This neighborhood of Baldwin Park is also home to a multitude of residential buildings, including single family homes as well as multi-family apartment buildings which means that residential services are abundant in this area.

Highlights

First time on market in almost 30 Years
Traffic counts of 28,801 vehicles/day at Francisquito Ave. & Dundry Ave
12 Surface Parking Spaces Available; Ratio of 5.00/1,000 SF. Option to lease additional Pkg on neighboring lot for $300/mo.
Excellent location immediately off of the 10 Fwy, with potential income from sign Rental with freeway visibility (market rate of $500/mo.)
This area has excellent retail Synergy, with a multitude of National Credit Tenants within a 1 mile radius

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $44,764 (2019)
Cap Rate: 3.87 %
Total Expenses: $21,656

Amenities

  • Bus Line
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Baldwin Park Commuter Rail (San Bernardino Line) 5 min - 2.1 mi
El Monte Commuter Rail (San Bernardino Line) 8 min - 4.2 mi
AirportDriveWalkDistance
Ontario International Airport 31 min - 23.3 mi
Long Beach-Daugherty Field Airport 35 min - 25.3 mi
Bob Hope Airport 41 min - 30.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Edward Pan 213-627-1214 Colliers International
Edward Pan 213-627-1214 Colliers International