Kimberly Apartments

Highlights:

• Prime Location: Situated in Baldwin Park, a highly sought-after rental market in the San Gabriel Valley, with easy access to the 605 & 10 Freeways.
• Potential for future ADU development – buyer to verify with City.
• Strong Accessibility: Within 20 miles of key areas like Pasadena, Downtown LA, Orange County, and San Bernardino County.
• Proximity to Attractions: Just a 30-minute drive to major venues such as Dodger Stadium, SOFI Stadium, and Santa Anita Pike Outlets.
• Convenient Amenities: Close to major retailers including Kaiser Permanente, Home Depot, Target, In-N-Out, and Chick-Fil-A.
• Walking Distance to Downtown Baldwin Park: A 5-minute walk to the vibrant retail corridor with restaurants and shops like McDonald's, King Taco, and El Super.
• Attractive Unit Mix: 12 x 1-Bedroom/1-Bathroom and 14 x 2-Bedroom/1-Bathroom apartments, offering diverse tenant appeal.
• Value-Add Opportunity: Favorable financing options available, providing potential for 5+% cash-on-cash returns from day one.
• Solid Amenities: Secured access, covered on-site parking, laundry facilities, pool access, and spacious community areas.
• Exceptional Investment: Great potential for long-term value and rental demand in a rapidly developing area.

Description:

We are pleased to present 14521 Clark Street, a 26-unit multifamily property located in Baldwin Park, a prime rental market in the San Gabriel Valley. This asset offers ±19,384 SF on a ±36,138 SF lot and is conveniently located near the 605 and 10 Freeways, providing easy access to Pasadena, Downtown LA, Orange County, and San Bernardino County. Key attractions like Dodger Stadium, SOFI Stadium, and Santa Anita Pike Outlets are within a 30-minute drive.

Locally, tenants have access to major retailers such as Kaiser Permanente, Home Depot, Target, and restaurants like In-N-Out and Chick-Fil-A. The property is also a short 5-minute walk to Downtown Baldwin Park, offering a variety of dining and retail options.
The unit mix includes 12, 1-Bedroom/1-Bathroom and 14, 2-Bedroom/1-Bathroom apartments. Amenities include secured access, covered parking, on-site laundry, a secure pool, and ample community space. The seller is offering favorable interest-only financing.

Discover a prime investment opportunity in the vibrant community of Baldwin Park, CA. Situated amidst a thriving business hub in the heart of Los Angeles County, the area boasts convenient access to major transportation routes and a burgeoning commercial landscape. Investors will find an array of nearby amenities, including the Baldwin Park Towne Center and a variety of dining options. With close proximity to the San Gabriel Valley, this dynamic location presents an excellent prospect for an office building investment. Don't miss the chance to capitalize on the potential of this sought-after commercial district.

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