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22737569
22737570

14341 Ramona Blvd, Baldwin Park, CA 91706

ME
CA 00877967
Earley Schick & Associates
Listed by Earley Schick & Associates
$599,000
443 days on market
Updated 72 days ago

14341 Ramona Blvd, Baldwin Park, Ca 91706

Details
APN 8544-020-008
Property Type Mixed Use, Office (+1)
Sub Type Convenience Store, QSR/Fast Food (+1)
Square Footage 1,500
Net Rentable (SqFt) 1,500
Units 2
Cap Rate 4.51%
NOI $27,000
Occupancy 100%
Tenancy Multi
Lease Type Net
Lease Options Tenants month to month
Price per SqFt $399
Broker Co-Op Yes
Year Built 1948
Year Renovated 2024 Partial renovation beauty salon
Buildings 1
Stories 1
Lot Size (SqFt) 2,404
Zoning BPC2*
Parking Spaces 4 per unit

Reduced $100,000 Great owner user or passive income. The city is promoting this area.

Marketing description

Prime Commercial Property with Dual Storefronts at 14341 Ramona Blvd, Baldwin Park, CA 91706

Property Overview:

Address: 14341 Ramona Blvd, Baldwin Park, CA 91706

Structure: Two versatile storefronts suitable for various retail or office uses

Tenancy: Currently occupied by two tenants on month-to-month leases, offering flexibility for future owner-user or investment opportunities. Rents below market due to covid and past owner neglecting to raise rental amounts.

Parking: Enclosed and secured parking area located at the rear of the property, providing convenience and safety for tenants and customers alike. Over 100 public parking spaces in front and in the rear of the property.

Location Highlights:

Situated in the heart of Baldwin Park, this property benefits from high visibility and easy accessibility along Ramona Boulevard, a major arterial road in the city. The area is characterized by a mix of commercial, residential, and industrial uses, contributing to a vibrant local economy. Bus stop in front of the property

City Initiatives and Development Plans:

Baldwin Park has been proactive in enhancing its commercial districts through various redevelopment projects aimed at revitalizing aging commercial and industrial areas. The city’s General Plan focuses on preserving existing residential neighborhoods while improving community aesthetics and infrastructure.

Notably, the Central Business District Redevelopment Project encompasses 130 acres along Maine Avenue between Ramona Boulevard and Los Angeles Street, offering significant opportunities for commercial and residential developments. The proximity of the Metrolink Station within this project area enhances connectivity and accessibility, making it an attractive location for businesses and residents.

Investment Potential:

Given the city’s commitment to urban development and the property’s strategic location, 14341 Ramona Blvd presents a compelling investment opportunity. The flexible leasing arrangements, combined with ongoing city improvements, position this property for potential appreciation and increased rental income.

For more information or to schedule a viewing, please contact agent

Note: All information is deemed reliable but not guaranteed. Prospective buyers are advised to conduct their own due diligence.

Also, please visit https://www.crexi.com/properties/1914255/california-maine for another commercial property in Baldwin Park.

Investment highlights

Investment Potential:

Given the city’s commitment to urban development and the property’s strategic location, 14341 Ramona Blvd presents a compelling investment opportunity. The flexible leasing arrangements, combined with ongoing city improvements, position this property for potential appreciation and increased rental income.

Listing Contacts

ME
CA 00877967
Earley Schick & Associates
Listed by Earley Schick & Associates

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$27,000.00
$2,250.00/mo

Valuation Metrics

0
DSCR
4.51%
Cap Rate
4.51%
ROI

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Additional Information

Name
Michael Earley
License
00877967
Brokerage
eXp of California Inc
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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