3704 Baldwin Ave, El Monte, CA 91731

3704 Baldwin Ave, El Monte, CA 91731

El Monte, CA
$985,000

Property Description

Lyon Stahl is pleased to have closed 3704 Baldwin Ave in El Monte! This El Monte 4-unit features 3,739 SF of living space on a large 14,266 SF lot. Built in 1963, this property features a large driveway and two (2) attached 1-car garages. The unit mix consists of (1) 3-bed/1-bath unit, (2) 2-bed/2-bath units, and a (1) 2-bed/1-bath unit. This is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historic low. Located just 3 Blocks of 10 Freeway entrance, 3704 Baldwin Ave is an excellent owner-user buy allowing for an owner to live in one unit and enjoy the top of the market rental income from the others.
• El Monte 4-Unit Situated on a Large 14,266 SF Lot
• Unit Mix: (1) 3-Bed/1-Bath, (2) 2-Bed/2-Bath, & (1) 2-Bed/1-Bath | 3,739 SF of Living Space
• Large Driveway Allowing for Ample Off-Street Parking | Attached 2-Car Garage
• Located Just Three (3) Blocks From The 10 Freeway Allowing Quick Access to Downtown LA
• 3-Bed/1-Bath and 2-Bed/1-Bath Both Feature A Attached (1) Car Garage & A Large Yard

Property Features

  • Sale Price: $985,000
  • Area Size: 3739 SF
  • Land Area: 14266 SF
  • Year Built: 1963
  • Listing Date: 1/31/2020
  • Closing Date: 12/21/2020
  • Units: 4
  • Current GRM: 22.92
  • Current Cap Rate: 2.10%
  • Price Per Unit: $275,000
  • Market GRM: 12.14
  • Market Cap Rate: 5.78%

Lyon Stahl Investment Real Estate

Keep In Touch