Ignite FB Tracking Pixel4324 Walnut Street, Baldwin Park, CA 91706 - J. Cherne Homes & Associates
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listing
1 of 13
Single FamilyFor Sale
$5,500,000
4324 Walnut Street
Baldwin Park, CA 91706
Listed by: Kristopher German from Re/max 2000 Realty, [email protected]
MLS: Bay East Contra Costa (BECCAR)
17,856Sq Ft
Est. Mortgage
$28,490/mo

NEW PRICE! Only $229,000 per unit for all 2Bed/1Bath units in the prime San Gabriel Valley rental market! We are delighted to present this exceptional 24-unit multi-family residential investment opportunity, strategically located in the highly sought-after rental market of Baldwin Park. This well maintained 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 f

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Information courtesy of Re/max 2000 Realty is subject to verification and is not guaranteed.
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