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Listed by Mike Marcu • Mike Marcu, Broker
$8,500,000
Est. payment /mo
23,670 SqFt
Active
10012 Valley Boulevard El Monte, CA 91731
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Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 23,670 sqft
Price per Sqft $359
MLS Listing ID OC-25019773
Year Built 1961
Lot Size 0.848 Acres
Property Sub-Type Apartment
Property Description
Offering a return of 6% plus market capitalization rate and a market GRM of 9.93X Baldwin Valley Apartments offers an opportunity to renovate approximately half the units and capture loss to lease on many previously renovated units. With a central location in the San Gabriel Valley, the unit mix caters to the demand in the immediate area, The tenants pay electricity and for parking.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMC3*
Interior
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 2.0
Pool Community, In Ground
Community Features Urban
Building
Lot Description 36-40 Units/Acre
Sewer Public Sewer