For more information regarding the value of a property, please contact us for a free consultation.
14457 Cavette Baldwin Park, CA 91706
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,380,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV26042900
Bedrooms 9
Lot Size 0.512 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
First time on the market in over 20 years! This rare Baldwin Park multi-family opportunity features detached, single-story cottages situated on a HUGE 22,313 sq. ft. lot. The property offers 3,384 rentable square feet with an attractive unit mix consisting of one 3-Bed/1-Bath cottage and four 2-Bed/1-Bath cottages, layouts that consistently attract strong tenant demand. Tenants enjoy on-site garage and open-space parking, along with the privacy and appeal of cottage-style living. The property is individually metered for gas and electricity while the owner pays for water use. Currently operating at a 5.52% CAP Rate and 12.82 GRM on existing rents, the asset also presents over 35% upside in rental income, offering investors a path to increased cash-flow and long-term value growth. With its large lot, desirable unit mix, and significant rental upside, this pride-of-ownership property represents a compelling opportunity in one of the San Gabriel Valleys most stable rental markets.
Location
State CA
County Los Angeles
Zoning Assessor
Exterior
View Y/N No
Building
Story 1
Read Less

Bought with Katherine Rose The R.R. Network
NEARBY SCHOOLS & BUSINESSES
GET MORE INFORMATION




