Property · 2 recorded sales since 2013
Listing Agent: Sheng Wang (DRE #01772547) · Listing Office: Century 21 Care · Contact: 909-861-2800 · Bought with: Tommy Nguyen · Credent Real Estate · MLS #TR15098167 · Source: CRMLS
Best investment deal in Baldwin Park. 12 units Townhouse Condo type Gated Community. Built in Year 1988 For 12 units with 2 car attached garage on each unit. 100% Occupancy. No Rent Control. NEW remodeled wood floors throughout the whole house. Kitchen has granite counter tops and double panel energy saving sliding door for each unit. Every unit has it's own laundry room plus central AC and heating system. There are 2 buildings. Each building has 6 units in a gated community. There are 8 units for 2 bedrooms and 2 baths (7 units rents for $1,550 per month, the other unit rents for $1,650). Rest of the other 4 units are 3 bedrooms and 2 baths (each Unit rents for $1,795 per month). Tenants pay their own electricity and gas. Landlord only pays for water, trash and gardener. Total annual rental income is approx. $236,160. Annual expenses include insurance/property tax/water/gas/common area electricity is approx. $52,150. Annual net income is approx. $184,010. Long term Tenants month to month Lease. Close by Super Market, Bus Stations, Shopping Center, Restaurants, Kaiser Hospital. Easy access Freeway 10 and 605.
Listing description from the July 2015 sale, as reported to CRMLS.