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Turn-Key Interiors | 6% CAP | Prime SGV Local 3624-3628 Baldwin Park Blvd 17 Unit Apartment Building $5,993,286 CAD ($352,546 CAD/Unit) 6% Cap Rate Baldwin Park, CA 91706



Investment Highlights
- Priced to Sell | 6% CAP Rate | 11.25 GRM
- Prime San Gabriel Valley Location | Desirable Rental Location and Tenant Base
- Excellent Current Rental Rates in Place
- 16 of 17 Units Fully Renovated
- Plenty of Covered Onsite Parking
Executive Summary
Exceptional opportunity to acquire a 17-unit apartment community in a prime San Gabriel Valley location, offering excellent day-one cash flow and strong long-term fundamentals. The property is currently delivering an attractive 6% CAP Rate and 11.25 GRM, supported by excellent in-place rental rates. This well-maintained asset consists of 9,092 rentable square feet on a 19,244 sq. ft. lot with a desirable unit mix of two 2-Bed/1-Bath units and fifteen 1-Bed/1-Bath units. Sixteen of the seventeen units have been thoroughly renovated, featuring new kitchens, updated bathrooms, new windows, and numerous interior upgrades, minimizing future capital expenditure and enhancing tenant retention. Operations are efficient with tenants paying for electricity and gas, while residents enjoy onsite carport parking and a shared laundry facility, adding to the property’s rental appeal. With its extensive upgrades, strong income profile, and location in one of the San Gabriel Valley's most stable rental markets, this asset presents an excellent opportunity for investors seeking immediate returns with long-term upside potential.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$532,973
|
$58.62
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$15,989
|
$1.76
|
| Effective Gross Income |
$516,984
|
$56.86
|
| Taxes |
-
|
-
|
| Operating Expenses |
$158,096
|
$17.39
|
| Total Expenses |
$158,096
|
$17.39
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $532,973 |
| Annual Per SF | $58.62 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $15,989 |
| Annual Per SF | $1.76 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $516,984 |
| Annual Per SF | $56.86 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $158,096 |
| Annual Per SF | $17.39 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $158,096 |
| Annual Per SF | $17.39 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $5,993,286 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $352,546 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.44 AC |
| Cap Rate | 6% | Building Size | 9,092 SF |
| Gross Rent Multiplier | 11.25 | Average Occupancy | 100% |
| No. Units | 17 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2020 |
| Property Subtype | Apartment | Parking Ratio | 1.87/1,000 SF |
| Zoning | BPR1 | ||
| Price | $5,993,286 CAD |
| Price Per Unit | $352,546 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| Gross Rent Multiplier | 11.25 |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 9,092 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2020 |
| Parking Ratio | 1.87/1,000 SF |
| Zoning | BPR1 |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Gas Range
- Storage Space
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 15 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 8555-001-006 | Improvements Assessment | $1,777,991 CAD |
| Land Assessment | $2,666,990 CAD | Total Assessment | $4,444,981 CAD |
Property Taxes
Parcel Number
8555-001-006
Land Assessment
$2,666,990 CAD
Improvements Assessment
$1,777,991 CAD
Total Assessment
$4,444,981 CAD
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Turn-Key Interiors | 6% CAP | Prime SGV Local | 3624-3628 Baldwin Park Blvd
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