14521 Clark Street

  • Baldwin Park

  • $6,550,000
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Residential Income Details

Description
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.
Essential
MLS #CV18128414
Price$6,550,000
Number of Units26
Sale TypeStandard
StatusPending
Listing BrokerageCB RICHARD ELLIS
Listing AgentERIC CHEN
Listing Agent BRE #01489184
Interior
FeaturesCeiling Fan,Open Floor Plan,Stone Counters
FloorCarpet,Vinyl
AppliancesGas Oven,Gas Range,Gas Stove
CoolingElectric
HeatingElectric
Exterior
ParkingAssigned,Carport Detached,Controlled Entrance,Covered Parking,Private,Uncovered
Garage Spaces0
PoolCommunity Pool,Fenced
Community
Area608 - Baldwin Pk/Irwindale
CommunityCurbs,Sidewalks
Address14521 Clark Street
CityBaldwin Park
CountyLos Angeles
StateCA
ZipCode91706
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Friday, October 19, 2018. 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.