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Multifamily

433 S Baldwin Ave

433 S Baldwin Ave, Arcadia, CA 91007

Listing Price: $2,200,000

Cap Rate
2.97%
Number of Units
5
Price/Unit
$440,000
Price/Gross SF
$550.28
Gross SF
3,998

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 433 South Baldwin Avenue, a 5- unit multifamily investment property located in Arcadia, CA. Built in 1953, the 3,998 square foot property consists of one- and two-bedroom units and offers amenities including single-story construction, professional landscaping, carport parking, and on-site laundry. Each unit also features 2 entry and exit points as well as individual water heaters. Current ownership has recently improved select units with upgrades including refurbished bathtubs, luxury vinyl flooring, and new interior paint. 433 South Baldwin Avenue is positioned across the street from Westfield Santa Anita, a super-regional mall whose major tenants include Nordstrom, Dave & Busters, and Din Tai Fung to name a few, providing residents with convenient access to a variety of retailers, restaurants, and entertainment options. Additionally, the property is just a short drive away from the Santa Anita Race Track, a major economic driver for the city that hosts some of the most prominent horse racing in the United States.

Investment Highlights

  • A 5-Unit Multifamily Investment Property Located in Arcadia
  • Offers an Excellent Unit Mix Consisting of 2, One-Bedroom Units and 3, Two-Bedroom Units
  • Amenities Include 2 Entry and Exit Points for Each Unit, Individual Water Heaters for Each Unit, Single-Story Construction, Professional Landscaping, Carport Parking, and On-Site Laundry
  • Positioned Across the Street from Westfield Santa Anita, a Super-Regional Mall, and Just Over 0.50 Miles from the Santa Anita Race Track

Exclusively Listed By

Listing Price: $2,200,000

Cap Rate
2.97%
Number of Units
5
Price/Unit
$440,000
Price/Gross SF
$550.28
Gross SF
3,998

Investment Highlights

  • A 5-Unit Multifamily Investment Property Located in Arcadia
  • Offers an Excellent Unit Mix Consisting of 2, One-Bedroom Units and 3, Two-Bedroom Units
  • Amenities Include 2 Entry and Exit Points for Each Unit, Individual Water Heaters for Each Unit, Single-Story Construction, Professional Landscaping, Carport Parking, and On-Site Laundry
  • Positioned Across the Street from Westfield Santa Anita, a Super-Regional Mall, and Just Over 0.50 Miles from the Santa Anita Race Track

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 433 South Baldwin Avenue, a 5- unit multifamily investment property located in Arcadia, CA. Built in 1953, the 3,998 square foot property consists of one- and two-bedroom units and offers amenities including single-story construction, professional landscaping, carport parking, and on-site laundry. Each unit also features 2 entry and exit points as well as individual water heaters. Current ownership has recently improved select units with upgrades including refurbished bathtubs, luxury vinyl flooring, and new interior paint. 433 South Baldwin Avenue is positioned across the street from Westfield Santa Anita, a super-regional mall whose major tenants include Nordstrom, Dave & Busters, and Din Tai Fung to name a few, providing residents with convenient access to a variety of retailers, restaurants, and entertainment options. Additionally, the property is just a short drive away from the Santa Anita Race Track, a major economic driver for the city that hosts some of the most prominent horse racing in the United States.

Exclusively Listed By

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