$1,395,000
Investor's Opportunity: 3 Buildings, Up to 5 Rental Units, Pool, on a 15,001 SF Lot!
Rare income-property find in Baldwin Park with approx. 5,000 SF of living space across three separate buildings, configured for up to 5 units. Pro forma rents total approx. $11,600 per month. All units were recently remodeled and are in immaculate condition. Fenced pool and ample parking.
FRONT HOUSE (approx. 1,600 SF): 3 BD / 2 BA with living room, dining room, tile floors throughout, washer/dryer hookups, and a porch overlooking the front yard and fruit trees. Pro forma rent: $3,500.
MIDDLE BUILDING (approx. 1,000 SF, converted from garage and pool house, unpermitted): Two units, each with a private entry.
• Unit 1: 1 BD / 1 BA, kitchen, living room, approx. 700 SF. Pro forma rent: $1,800.
• Unit 2: Studio with kitchen and bath, approx. 300 SF. Pro forma rent: $1,300.
REAR BUILDING (approx. 2,400 SF): Two units, each with a private entry.
• Upstairs: 2 BD / 2 BA, kitchen, living room, own stair entry, approx. 1,200 SF. Pro forma rent: $2,500.
• Downstairs: 2 BD / 1.5 BA, large kitchen, living room, 2-car garage, approx. 1,200 SF. Pro forma rent: $2,500.
Property is currently owner-occupied and will be delivered vacant at close of escrow, giving the new owner the freedom to set rents and select tenants. Rents are estimates and not guaranteed. Buyer to verify permits, zoning, legal unit count, square footage, and rental income.
MB26222762
MLS
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3739 Kenmore, Baldwin Park