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14521 Clark Street
Baldwin Park, CA 91706

$6,550,000 Price reduced from $6,800,000 (-$250,000)
  • -- Beds
  • -- Baths
  • 19,384 sqft
  • Residential Income
  • Active
14521 Clark Street, Baldwin Park - 565031244
14521 Clark Street, Baldwin Park - 565031245
14521 Clark Street, Baldwin Park - 565031246
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Property Description for 14521 Clark Street, Baldwin Park CA 91706

The Kimberly Apartments is a rare opportunity for an extensively renovated 26-unit multifamily investment asset constructed in 1964 and renovated in 2018 on a 36,138 square foot lot, with total building size of 19,384 square feet. This extensively renovated, two-story property offers gated security with remote controlled access, carport and open-space parking, newly upgraded landscaping and courtyard, swimming pool, BBQ area, and on-site laundry room. It also features a new seismic retrofit upgrades for the tuckunder parking areas with new membranes installed. The Kimberly Apartments is the only stabilized and heavily renovated income producing property featuring 100% renovated one-bedroom/one bathroom and two-bedroom/one-bathroom units with new floorings, new kitchens, new ceiling fans, new bathrooms, air conditioning units, new stainless steel appliances and new security metal doors. A RUBS program is in place reducing operating expenses. The property is situated on an individual lot with 1 APN: 8437-002-030.

  • Property Class: Residential Income
  • Listing Status: Active
  • City: Baldwin Park
  • State: CA
  • Zip: 91706
  • Area: 608 - Baldwin Pk/Irwindale
  • County: Los Angeles
  • Class: Residential Income
  • Stories: 2
  • Baths (F/H): -- / --
  • Baths Partial: 0
  • Living Area (SqFt): 19,384 sqft
  • Lot Sq Ft Apx: 36139.00
  • Year Built: 1964
  • Listing#: CV18128414
  • HOA Fee: 0.00
  • Parcel Number: 8437002030
  • List Date: 5/31/2018
  • Last updated on: 8/17/2018

Property Features for 14521 Clark Street, Baldwin Park CA 91706

  • Appliances: Gas Oven, Gas Range, Gas Stove
  • Cooling: Electric
  • Disability Features: Parking
  • Heating: Electric
  • Interior Features: Ceiling Fan, Open Floor Plan, Stone Counters
  • Parking Features: Assigned, Carport Detached, Controlled Entrance, Covered Parking, Private, Uncovered
  • Security Features: Automatic Gate
  • Year Built: 1964
  • Community Features: Curbs, Sidewalks
  • Zoning: BPR3*
  • Lot Desc: Lot 20000-39999 Sqft
  • Pool: Community Pool, Fenced

Additional Information for 14521 Clark Street, Baldwin Park CA 91706

  • Carport Y/N: Yes
  • Development Status: Updated/Remodeled
  • Expenses: 183757.00
  • Garage Style: Assigned, Carport Detached, Controlled Entrance, Covered Parking, Private, Uncovered
  • Gross Building Area: 19384.00
  • Gross Income: 508793.00
  • Heating Fuel: Electric
  • Net Income: 325036.00
Courtesy of Eric Chen, Cb Richard Ellis
Copyright 2018, California Regional Multiple Listing Service, Inc.. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. 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. 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, 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.