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5053 Heintz Street, Baldwin Park, CA 91706

Commercial property

5053 Heintz Street, Baldwin Park, CA 91706 Sold March 2024 CRMLS
$2,500,000Sold March 2024

Listing Agent: Demetrios Kitakis (DRE #01984567) · Listing Office: Kitakis Realty Inc. · Contact: 626-733-3598 · Bought with: Pavan Maddi · Real Estate Mechanics · MLS #CV23213795 · Source: CRMLS

7,095
Building Sq Ft
19,597 sqft
Lot Size
1986
Year Built
Commercial property
Type

About this commercial property

Located in the San Gabriel Valley, this warehouse thrives in an area that's a hotspot for business and commerce. This warehouse and office space investment opportunity in the heart of Baldwin Park comes with massive income potential and promises excellent returns on your investment. In addition, this warehouse is perfect for entrepreneurs seeking to grow their businesses or investors looking to capitalize on the high demand for industrial space in the region. This spacious and well-maintained warehouse, built in 1986, is the perfect property for your business or investment portfolio. With a lot size of 19,597 square feet and a building size of 7,095 square feet, this property offers immense potential for rental income, boasting an estimated monthly gross rent of $12,000 to $14,000. In a prime location, Baldwin Park is a vibrant and growing community known for its strategic location, providing easy access to major transportation routes and nearby amenities. The building has a new roof that was installed within the past two years providing major advantages. Furthermore, this capital improvement not only enhances the building's durability but also reduces maintenance costs, ensuring the longevity of your investment. This spacious and versatile property provides ample room for various industrial and commercial purposes. The generous lot size allows for ample parking and outdoor storage if needed. Your investment in this warehouse property is set to benefit from the economic growth and development in the region with proximity to major transportation routes and highways, such as I-10 and I-605, therefore you and your tenants will enjoy convenient access for shipping and logistics needs. There are a variety of amenities nearby including shopping centers, restaurants, and recreational facilities. Your future tenants will appreciate the convenience of having these amenities at their fingertips. Whether you're an investor seeking a promising return or a business owner looking for the ideal industrial space, this property offers the best of both worlds. This is your chance to secure a sound investment in one of California's thriving industrial and commercial hubs.

Listing description from the March 2024 sale, as reported to CRMLS.

Sale history

$2,500,000
Sold March 2024 · listed $2,800,080, on market November 2023 · MLS #CV23213795 · Source: CRMLS
Listing Agent: Demetrios Kitakis · Listing Office: Kitakis Realty Inc. · Contact: 626-733-3598 · Bought with: Pavan Maddi · Real Estate Mechanics
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