Alta Realty Group CA , Inc
Mike Beauregard, Realtor, Alta Realty Group CA , IncPhone: (858) 433-6869
Email: mike@mikebeauregard.com
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listing
1 of 13
MultifamilyFor Sale
$5,750,000
4324 Walnut Street
Baldwin Park, CA 91706
Listing Provided Courtesy of Re/max 2000 Realty
MLS: San Diego Multiple Listing Service (SDMLS)
28,826Sq Ft
Est. Mortgage
$29,780/mo

We are delighted to present this exceptional 22-unit multi-family residential investment opportunity, strategically located in the highly sought-after rental market of Baldwin Park, within the San Gabriel Valley. This prime 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.We are delighted to present this exceptional 22-unit multi-family residential investment opportunity, strategically located in the highly sought-after rental market of Baldwin Park, within the San Gabriel Valley. This prime 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.

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Listing Courtesy of Re/max 2000 Realty. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 11/17/2024 04:12 AM
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