14503 Chevalier Avenue

    Baldwin Park, CA 91706
    • $950,000
    • STATUS: Active
    • ON SITE: 50 days
    • ID#: CV19204409
    UPDATED: 38 min ago
    $950,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,090
      SQFT
    • $455
      $/SQFT
    Type:
    Multi-Family
    Built:
    1945
    County:

    School Ratings & Info

    Description

    Great Investment Opportunity to own 5 unit income property in good area of Baldwin Park. Units include: 2BR/1BA House and 4 - Studio Units. This investment opportunity situated on a corner lot, All units currently occupied, and No Rent Control. The House on the corner is a charming, well maintained 2 Bedroom / 1 Bath home, fenced yard, private. The other 4 Studio Units have upgrades. Separately metered for electric, the property has very low expenses with potential Rents upside. These units are conveniently located near schools, shopping, entertainment and transportation.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-16T19:36:49.807. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/98333226

    14503 Chevalier Avenue Baldwin Park, CA 91706

    • Price: $950,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: CV19204409
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,090
    SQFT
    $455
    $/SQFT
    1945
    Built
    Neighborhood:
    608 - Baldwin Pk/Irwindale
    County:
    Los Angeles
    Area:
    608 - Baldwin Pk/Irwindale
    Property Description
    Great Investment Opportunity to own 5 unit income property in good area of Baldwin Park. Units include: 2BR/1BA House and 4 - Studio Units. This investment opportunity situated on a corner lot, All units currently occupied, and No Rent Control. The House on the corner is a charming, well maintained 2 Bedroom / 1 Bath home, fenced yard, private. The other 4 Studio Units have upgrades. Separately metered for electric, the property has very low expenses with potential Rents upside. These units are conveniently located near schools, shopping, entertainment and transportation.
    Exterior Features

    Garage Spaces 0.00 Lot Features Corner LotFront YardLawnLot 6500-9999Level Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    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 2+ Common WallsNo One AboveNo One Below Laundry Features See Remarks Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.60 Community Features CurbsGuttersSidewalksStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 58800.00 Gross Scheduled Income 58800.00 Have Sfr Plus 4 Units Insurance Expense 958.00 Land Lease YN No Laundry YN Yes Net Operating Income 46092.00 New Construction YN No New Taxes Expense 11875.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 12708.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 3950.00 Total Expenses 15113.00 Trash Expense 1416.00 Utilities Sewer Connected Water Sewer Expense 864.00 Water Source Public Year Built Source Assessor Zoning Bpr3*

    Listing provided courtesy of David Garcia of Century 21 Peak


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-16T19:36:49.807. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
     
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