10012 Valley, El Monte, CA 91731
Local realty services provided by:ERA North Orange County Real Estate
10012 Valley,El Monte, CA 91731
$7,800,000
- 4 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: mike marcu
Office: mike marcu, broker
MLS#:OC26182244
Source:San Diego MLS via CRMLS
Price summary
- Price:$7,800,000
About this home
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 surface space. Electricity is individually metered, while gas, water, sewer and trash are master metered. At the asking price, the property is offered at approximately $190,244 per unit and $325 per square foot, with a 5.74% current/pro forma capitalization rate and a projected 6.00% plus Year-1 capitalizati...
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Home facts
- Listing ID #:OC26182244
- Added:45 day(s) ago
- Updated:October 04, 2026 at 02:17 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
Finances and disclosures
- Price:$7,800,000
Features and amenities
- Pool features:Community/Common
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