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$7,995,000
71 Days On Site

14521 Clark Street
Baldwin Park, CA 91706

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
19,384
SqFt
$412
/SqFt
1964
Built
County:
Los Angeles
Listed by ERIC CHEN of CB RICHARD ELLIS eric.chen@cbre.com

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14521 Clark Street14521 Clark Street14521 Clark Street14521 Clark Street
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We are proud to present 14521 Clark Street, a 26-unit multifamily asset in the City of Baldwin Park, a prime rental market within the San Gabriel Valley of Los Angeles County. The property offers ±19,384 SF and sits on a large ±36,138 SF lot. The Kimberly Apartments benefit from being centrally located just off the 605 & 10 Freeways. Within a short 20-mile drive tenants can reach destinations and notable attractions in Pasadena, DTLA, Orange County, and San Bernardino County. Notable Attractions like Dodger Stadium, SOFI Stadium, Santa Anita Pike Outlets in Long Beach, Victoria Gardens in Rancho Cucamonga, and Downtown Covina are all within a 30-min drive in any direction of the property. Locally, tenants have quick access to big name retailers like Kaiser Permanente Medical Hospital, Home Depot, Target, In-N-Out, Chick-Fil-A, and several convenience stores. Kimberly Apartments is also a short 5-minute walk to Downtown Baldwin Park off of Maine Ave and Ramona Blvd. Tenants enjoy their proximity to the heavy retail corridor with retail tenants that include McDonalds, King Taco, El Super, Waba Grill, and many more frequently visited places. Kimberly Apartments offers an exceptional unit mix of 12, 1-Bedroom/1-Bathroom and 14, 2-Bedroom/1-Bathroom apartments. Tenants enjoy favorable amenities at the property like secured pad entry access, covered on-site parking, on-site laundry facilities, secure pool access, and ample community area space. The seller is offering favorable interest only financing, which creates a path for a new investor to benefit from 5+% cash-on-cash returns from day one.

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Listing Snapshot
Price 
$7,995,000
Days On Site 
71 Days
Bedrooms 
N/A
Inside Area (SqFt) 
19,384 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.8296 Acres
Year Built 
1964
MLS® Number 
CV24215211
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.8296
Carport 
26
Number Of Stories 
2
Parking Spaces 
39
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
19384
Stories 
Two
Water Source 
Public
Zoning 
BPR3*
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
Laundry Features 
Common Area
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Exterior Features
Pool Features 
CommunityIn Ground
Spa Features 
None
Community Features
Building Access 
1
Community Features 
PoolCurbsSidewalks
Financing Terms Available 
CashOwner May Carry
MLS Area 
608 - Baldwin Pk/Irwindale


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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