3666 Vineland Avenue

    Baldwin Park, CA 91706
    • $1,050,000
    • STATUS: Active
    • ON SITE: 20 days
    • ID#: CV20086740
    UPDATED: 130 min ago
    $1,050,000
    • 0
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,038
      SQFT
    • $346
      $/SQFT
    Type:
    Multi-Family
    Built:
    1946
    County:

    School Ratings & Info

    Description

    The Vineland Avenue Apartments is located at 3666 Vineland Avenue in the city of Baldwin Park, just north of the I-10 freeway and east of the I-605 Freeway, between Baldwin Park Blvd and Ramona Blvd. Vineland Avenue Apartments is positioned within walking distance to Vineland Elementary School, Baldwin Park High School, and Central Elementary School. The property is also in close proximity to Kaiser Permanente Baldwin Park Medical Center, Target, The Home Depot, Porto+GGs Bakery and Caf+-, retail shops, and financial institutions. Vineland Avenue Apartments is a well-maintained, single-story, 3-unit property situated on a 17,734 square foot lot with a total building size of +/-3,038 square feet. The property features three detached single-story buildings with pitched composition shingle roofs. The property offers an excellent unit mix of two-bedroom and three-bedroom units with an average unit size of 1,013 square feet. Every unit includes central air conditioning, washer & dryer hook-ups, and individual water heaters. Lastly, all units are individually metered for gas and electricity. The Vineland Avenue Apartments is a prime Baldwin Park income-producing property and a great long-term investment. The property is in a highly desirable area and offers growth and stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-27T00:26:52.123. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.

    www.inlandempiresold.com/homes/105621351

    3666 Vineland Avenue Baldwin Park, CA 91706

    • Price: $1,050,000
    • Status: Active
    • Updated: 130 min ago
    • ID#: CV20086740
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    3,038
    SQFT
    $346
    $/SQFT
    1946
    Built
    Neighborhood:
    608 - Baldwin Pk/Irwindale
    County:
    Los Angeles
    Area:
    608 - Baldwin Pk/Irwindale
    Property Description
    The Vineland Avenue Apartments is located at 3666 Vineland Avenue in the city of Baldwin Park, just north of the I-10 freeway and east of the I-605 Freeway, between Baldwin Park Blvd and Ramona Blvd. Vineland Avenue Apartments is positioned within walking distance to Vineland Elementary School, Baldwin Park High School, and Central Elementary School. The property is also in close proximity to Kaiser Permanente Baldwin Park Medical Center, Target, The Home Depot, Porto+GGs Bakery and Caf+-, retail shops, and financial institutions. Vineland Avenue Apartments is a well-maintained, single-story, 3-unit property situated on a 17,734 square foot lot with a total building size of +/-3,038 square feet. The property features three detached single-story buildings with pitched composition shingle roofs. The property offers an excellent unit mix of two-bedroom and three-bedroom units with an average unit size of 1,013 square feet. Every unit includes central air conditioning, washer & dryer hook-ups, and individual water heaters. Lastly, all units are individually metered for gas and electricity. The Vineland Avenue Apartments is a prime Baldwin Park income-producing property and a great long-term investment. The property is in a highly desirable area and offers growth and stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
    Exterior Features

    Garage Spaces 1.00 Lot Features 2-5 Units/AcreLevel With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Total 1.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Laundry Features Gas & Electric Dryer Hookup Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.02 Community Features CurbsSidewalksStorm Drains Country Us Elevation Units Feet Gardener Expense 1200.00 Gross Income 63600.00 Gross Multiplier 16.51 Gross Operating Income 61692.00 Gross Scheduled Income 63600.00 Insurance Expense 442.00 Land Lease YN No Laundry YN Yes Maintenance Expense 2776.00 Net Operating Income 42204.00 New Construction YN No New Taxes Expense 13750.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 0 Number Of Units Leased 3 Operating Expense 19488.00 Other Expense 600.00 Other Expense Description Reserves Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 5300.00 Total Expenses 19488.00 Trash Expense 0.00 Vacancy Allowance Rate 3.00 Water Sewer Expense 720.00 Water Source Public Year Built Source Assessor Zoning Bpr1*

    Listing provided courtesy of Eric Chen of Cb Richard Ellis


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-27T00:26:52.123. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.

     
    RE/MAX Empire Properties
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    Hemet CA, 92545