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14521 Clark St
Baldwin Park, CA 91706

$7,995,000 USD

Apartments For Sale • 19,384 SF

Property Details

Property Type Apartments
Total Building Size 19,384 SF
Lot Size 0.83 AC
Building Class C
Year Built 1964
Cap Rate 5.16 %
Zoning BPR3*

0 Transit Score

80 Walk Score

                
                    Highlights
                
                                Favorable Interest Only Seller Financing Available - Contact for Details
                            
                                Excellent East San Gabriel Valley Location – Centrally Located Just off the 10 Fwy within a 15-mile Drive to DTLA, San Bernardino, and Orange Counties
                            
                                Boasts a Strong Going-In CAP Rate of 5.16% and GRM of 12.68 – Opportunity to Capitalize on Over 5% Cash-on-Cash Return when Utilizing Favorable Seller
                            
                                Exceptional Unit Mix consisting of 12, 1-Bedroom/1-Bathroom & 14, 2-Bedroom/ 1-Bathroom Units, Averaging 745 SF Per Unit
                            
                                Historically Low Maintenance Property with RUBS System In-Place
                            
                                Gated Front Entrance, Newer Pool Swimming Pool Update, All Carport Retrofit have Been Completed

Financial Summary (Actual)

Net Operating Income: $412,355 USD (2023)

Cap Rate:	5.16 %
Total Expenses:	$199,191 USD

Amenities

Air Conditioning
Courtyard
Laundry Facilities
Gated
Heating
Grill
Ceiling Fans
Kitchen
Stainless Steel Appliances
Tub/Shower

Public Transportation

Commuter Rail	Drive	Walk	Distance
Baldwin Park (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	1 min	6 min	0.3 mi
Covina (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	8 min	-	4.7 mi
Airport	Drive	Walk	Distance
Ontario International	31 min	-	23.3 mi
Long Beach (Daugherty Field)	37 min	-	27.0 mi
Bob Hope	41 min	-	31.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	13
Type:	Surface
Included in Rent:	Yes

Eric Chen 909-418-2071 CBRE, Inc.

14521 Clark St Baldwin Park, CA 91706