Holly Avenue Apartments
Multifamily | 6.53% CAP | 7 Units
Marketing description
Lee & Associates - Pasadena is pleased to exclusively present Holly Avenue Apartments, a 7-unit multifamily investment opportunity located at 3757 Holly Avenue in Baldwin Park, California. This property offers strong in-place cash flow with significant upside potential through rent optimization and operational efficiencies.
The property features below-market rents, providing a clear value-add opportunity for investors. With stabilized occupancy and minimal vacancy risk, the asset presents a favorable unit mix with consistent tenant demand. Located in a high-demand rental submarket of Baldwin Park, the property benefits from proximity to major employment centers and transportation corridors including the I-10 and I-605 freeways.
Investors will appreciate the potential to increase NOI through operational efficiencies and the low-maintenance asset profile with a straightforward management approach. The offering presents attractive metrics including a 6.53% CAP Rate, 10.77 GRM, $377.48 per square foot, and $264,127 per unit.
Investment highlights
- Strong in-place cash flow with upside via rent optimization
- Below-market rents provide clear value-add opportunity
- Stabilized occupancy with minimal vacancy risk
- Favorable unit mix with consistent tenant demand
- Located in a high-demand rental submarket (Baldwin Park)
- Proximity to major employment centers and transportation corridors
- Potential to increase NOI through operational efficiencies
- Low-maintenance asset with straightforward management profile
- Attractive CAP Rate, GRM, $/SF and $/unit
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
