Published On Mar 8, 2024
Just Sold - ALL Cash! 13 Units Baldwin Park
Call us at 📱 (626) 427-0786 or Email at 📫 [email protected]
SALE HIGHLIGHTS
• Sale Price: $3,850,000
• 4.78% Cap Rate | 14.15 GRM
SELLER STORY
For over two generations, this property wasn't just an asset, it was a part of this family's legacy. Yet, with the shifting sands of local rent control laws and the evolving political landscape, the decision was made to turn a new page. The choice to transition from the hands-on demands of multi-family property management to embracing the stability and ease of a Delaware Statutory Trust (DST) was deliberate. The goal? To secure a steady income stream, perfectly tailored for the golden years of retirement. Dive into their journey, hear their insights, and maybe, just maybe, see a reflection of your own aspirations in their story.
HOW DID WE DO IT?
• 4,060 - Direct Mailers Sent to Internal Investor Database
• 6,500 - Emails Directly Sent to Exclusive Buyer List
• 4,400 - Facebook and Instagram Views
• 14,800 - Views on Listing Search Sites
PROPERTY HIGHLIGHTS
ALL 2-STORY TOWNHOMES!
BUILT IN 1984!
PRIDE OF OWNERSHIP ASSET!
HUGE RENTAL UNITS!
• 15,746 Rental Sq. Ft. | 24,653 Sq. Ft. Lot
• Unit Mix of:
- (1) 3-Bed/3-Bath Detached 2-Story Townhome
- (10) 3-Bed/2-Bath Townhome Units
- (2) 2-Bed/2-Bath Townhome Units
• Tenant Amenities:
- Private 2-Car Attached Garages (Private Entry to Ground Floor of Each Townhome)
- Central A/C & Heat
- Private Patios & Balconies
- Interior Washer/Dryer Hookups
- Each Unit Offers Ground Floor Bedroom
• Recent Improvements:
- 2 Units Completely Remodeled
- TPO (Thermoplastic Polyolefin) Coating on Roof
- All A/C Units Replaced in Last 10 Years
• Strong Financials, Day 1
• Tenants Pay ALL Utilities (Separate Meters for Water, Electric, Gas)
• Prime SGV Location
• 37% UPSIDE IN RENTAL INCOME!
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