10012 Valley, El Monte, CA 91731
Local realty services provided by:CENTURY 21 Fort Bragg Realty
10012 Valley,El Monte, CA 91731
$7,800,000
- - Beds
- - Baths
- 23,975 sq. ft.
- Multi-family
- Active
Listed by: mike marcu
Office: mike marcu, broker909-371-1322
MLS#:OC26182244
Source:CRMLS
Price summary
- Price:$7,800,000
- Price per sq. ft.:$325.34
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 capitalization rate. Average in-place rent is approximately $1,539 per unit compared with average asking rent of approximately $1,671.
Baldwin Valley Apartments is strategically located near Interstate 10 and State Route 60 and approximately one mile from the El Monte Metrolink Station and less than one mile from El Monte Station, providing residents convenient connectivity throughout the San Gabriel Valley and greater Los Angeles employment market. The combination of existing cash flow, proven renovation upside, additional operational income opportunities and a transit-oriented location make Baldwin Valley Apartments an attractive value-add multifamily investment opportunity.
ADU potential exists as additional upside and buyer to verify. Recent Capital Improvements include the roof, electrical system, windows, and parking lot slurry seal....
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Home facts
- Year built:1961
- Listing ID #:OC26182244
- Added:24 day(s) ago
- Updated:September 13, 2026 at 11:07 AM
Rooms and interior
- Living area:23,975 sq. ft.
Structure and exterior
- Year built:1961
- Building area:23,975 sq. ft.
- Lot area:0.85 Acres
- Lot Features:Irregular Lot, Level with Street, Paved
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$7,800,000
- Price per sq. ft.:$325.34
Features and amenities
- Pool features:Community
Parking
- Total parking spaces:42
- Garage:Yes
- Garage spaces:1
- Carport spaces:39
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