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 Valley’s most stable rental markets.
We are proud to present Villa Monterey, a Well-Maintained 41-Unit Asset Located at 3108 Vineland Avenue in the city of Baldwin Park. Situated one block from the 10 Freeway, this pride-of-ownership property benefits from a high-demand rental pocket, proximity to major retail hubs, and consistent occupancy levels. Baldwin Park’s central location and the property’s historical stability make this an ideal investment choice for steady rental income and long-term appreciation in the heart of the San Gabriel Valley. Villa Monterey is a 41-unit community featuring a total building size of ±35,954 SF situated on an expansive ±71,546 SF lot (±1.64 Acres). The property features an excellent unit mix consisting of (20) 1-bedroom/1-bathroom, (10) 2-bedroom/1-bathroom, and (11) 2-bedroom/2-bathroom floor plans with an impressive average unit size of ±879 SF. Meticulously cared for, the asset features an open garden-style layout with amenities that include a swimming pool, ample covered parking, secured access, storage space, and two on-site laundry facilities. Units are well-appointed with high-speed internet access, AC & heating, ceiling fans, and full kitchen appliances including dishwashers. This opportunity features an assumable loan at a 2.95% interest-only rate until June 2030. This rare financing allows a new investor to realize a 6.84% Cash-on-Cash return on current income, with the potential to reach a 11.05% return on pro forma income. The property currently operates at a 4.84% Cap Rate, with a clear path to a 6.90% Cap Rate at market rents. The City of Baldwin Park is ideally located within Southern California, offering exceptional “hub” access to the 10 and 605 freeways. Its prime location is within walking distance to major retail centers featuring Walmart, Home Depot, Target, Food 4 Less, Starbucks, and LA Fitness. Significant employment and entertainment hubs within a 20-mile radius include Downtown Los Angeles, the City of Commerce, the City of Industry, Pasadena, and Dodger Stadium. Villa Monterey represents a premier income-producing asset in a high-rental-demand location, presenting a stable and lucrative opportunity for 1031 exchange buyers and seasoned investors seeking a large-scale footprint with significant 30% financial upside.
Great duplex with upside potential. Front house consists of spacious living room, 2 bedrooms, 1 bath with shower, dining, kitchen and laundry area. Rear house has living room with brick fireplace, kitchen, dining area, 2 bedrooms, 1 bath with shower, laundry room and half bath. Garage has been converted to a storage. Rear has plenty of parking spaces including the driveway. While the property needs updating, it has a huge potential for amazing income.
Beautiful Baldwin Park Duplex – Excellent Investment Opportunity. Unlock the potential of this incredible income-producing property! Situated on a spacious 10,584 sq. ft. lot, this duplex features two separate homes brimming with possibilities. Front house: 3 beds, 2 baths, approx. 1,245 sq. ft. with 2-car garage. Back house: 5 beds, 3 baths, approx. 1,677 sq. ft. (garage converted to master bedroom, permit unknown; not included in sq. ft.). Both units feature master suites with private bathrooms. Owner has submitted plans to subdivide into two individual homes (pending city approval). Plenty of parking, mature fruit trees, and low-maintenance yard. Conveniently near schools, shopping, dining on Ramona Blvd, and close to 10, 605, and 210 freeways. This property combines space, income potential, and location—a rare find and a must-see!
MIXED-USE PROPERTY!!! MU2 ZONING. Three Separate Structures with its own fenced lot. Concrete Driveway and Parking area, private yard finished with pavers. Automatic Iron Gate and Vinyl 6 foot tall fence all around. Currently built out as 2 residential units and a Retailer office. Retail space (#3737) is currently vacant, formerly used as Hair Salon. Street front house (#3729) is a 2bd/1ba about 800sf originally built in 1956, completely renovated in 2023. Back house (#3729A) is a 1200sf brand new ADU completed in December 2023 consists of 3 bedrooms 2 Baths with 10 paid in full solar panels. Each unit is separated with its own yard. Huge lot with plenty of parking spaces. There are 3 electrical meters, 2 gas meters and one water meter. Easy access to FWY10, 605 and 210 with excellent exposure on a busy street and corner lot. Street front units 3729 & 3737 allow various commercial use, check with city for permissible usage.
Baldwin Park is located in California. Baldwin Park, California has a population of 72,813. Baldwin Park is more family-centric than the surrounding county with 32.16% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Baldwin Park, California is $72,554. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Baldwin Park is 35.9 years.
The average high temperature in July is 86.7 degrees, with an average low temperature in January of 45.8 degrees. The average rainfall is approximately 15.8 inches per year, with 0 inches of snow per year.
