14521 Clark Street, Baldwin Park, CA 91706

  • $7,995,000
14521 Clark Street, Baldwin Park, CA 91706
Active

14521 Clark Street, Baldwin Park, CA 91706

14521 Clark Street, Baldwin Park, CA 91706
  • $7,995,000

Description

We are proud to present 14521 Clark Street, a 26-unit multifamily asset in the City of Baldwin Park, a prime rental market within the San Gabriel Valley of Los Angeles County. The property offers ±19,384 SF and sits on a large ±36,138 SF lot.

The Kimberly Apartments benefit from being centrally located just off the 605 & 10 Freeways. Within a short 20-mile drive tenants can reach destinations and notable attractions in Pasadena, DTLA, Orange County, and San Bernardino County. Notable Attractions like Dodger Stadium, SOFI Stadium, Santa Anita Pike Outlets in Long Beach, Victoria Gardens in Rancho Cucamonga, and Downtown Covina are all within a 30-min drive in any direction of the property. Locally, tenants have quick access to big name retailers like Kaiser Permanente Medical Hospital, Home Depot, Target, In-N-Out, Chick-Fil-A, and several convenience stores. Kimberly Apartments is also a short 5-minute walk to Downtown Baldwin Park off of Maine Ave and Ramona Blvd. Tenants enjoy their proximity to the heavy retail corridor with retail tenants that include McDonalds, King Taco, El Super, Waba Grill, and many more frequently visited places.

Kimberly Apartments offers an exceptional unit mix of 12, 1-Bedroom/1-Bathroom and 14, 2-Bedroom/1-Bathroom apartments. Tenants enjoy favorable amenities at the property like secured pad entry access, covered on-site parking, on-site laundry facilities, secure pool access, and ample community area space.

The seller is offering favorable interest only financing, which creates a path for a new investor to benefit from 5+% cash-on-cash returns from day one.

  • Address 14521 Clark Street
  • City Baldwin Park
  • Zip/Postal Code 91706

Details

Updated on November 24, 2024 at 6:12 pm
  • Property ID: CRCV24215211
  • Price: $7,995,000
  • Property Size: 19384 Square Feet
  • Land Area: 0.8296 Acres
  • Garage Size: x x
  • Year Built: 1964
  • Property Type: Residential Income
  • Property Status: Active
  • MLS#: CV24215211

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