REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Mike Marcu, DRE #00919594 • Mike Marcu, Broker
$ 7,800,000
Est. payment /mo
New
10012 VLY El Monte, CA 91731
0.85 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26182244
Year Built 1961
Lot Size 0.848 Acres
Source California Regional MLS
Property Description
Baldwin Valley Apartments presents a rare opportunity to acquire a 41-unit multifamily community located at 10012 Valley Boulevard in El Monte, in the heart of the San Gabriel Valley. Offered at $7,800,000, the property was built in 1961 and contains approximately 23,975 rentable square feet on a 0.85-acre site. The unit mix consists of 21 studios, 16 one-bedroom/one-bath units, two two-bedroom/one-bath units, and two two-bedroom/two-bath units. The property offers an attractive combination of current income and identifiable rental upside. Approximately 25% of the units have been extensively renovated, with renovated units achieving a demonstrated rental premium over classic units. In-place rents remain below asking rents, providing an opportunity to increase income through natural turnover and continuation of the existing renovation program. Additional potential income opportunities include increasing carport parking charges and implementing a ratio utility billing system (RUBS) to recover a portion of master-metered utility expenses. Community amenities include a swimming pool, controlled access, on-site laundry, garden/courtyard areas and covered parking. The property provides approximately one parking space per unit, including 39 carports, one two-car garage and one sur
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Laundry Washer/Dryer - Leased, Community Facility
Exterior
Garage Spaces 42.0
Pool Community Facility
Building
Lot Description Irregular, Grade - Level, Paved
Water District - Public
Others
Tax ID 8578008003
Special Listing Condition Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.