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    Villa Monterey Apartments: 41 Units Title is generated by Realmo AI

    3108 Vineland Avenue, Baldwin Park, CA 91706

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    For Sale
    $10,800,000

    Well-maintained 41-unit apartment complex in Baldwin Park.

    Type:Multifamily
    Property size:
    35,954 SF
    Lot size:
    1.64 Acres
    Price / SF:
    $300/SF
    Added:
    Mar 25, 2026
    Days on Market:
    48
    Last Refresh:
    Mar 18 at 9:26 am

    Property Features for 3108 Vineland Avenue

    General Information

    Standard status
    Active
    Size
    35,954 SF
    Lot size
    1.64 Acres
    Property subtype
    Multifamily

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    Listing Contact
    Eric Chen
    Eric Chen

    Listing agent Eric Chen License #01489184

    Listing office CB RICHARD ELLIS

    Listing date Mar 25, 2026

    Source Cbre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CB RICHARD ELLIS

    HighLights

    • Assumable debt at a low 2.95% interest‑only rate until June 2030, offering attractive cash‑on‑cash returns.
    • Significant financial upside with a clear path to a 6.90% Cap Rate at market rents, representing a 30% increase.
    • Well‑maintained 41‑unit asset in a high‑demand rental location in Baldwin Park.
    • Desirable unit mix with spacious floor plans, averaging ±879 SF, and modern amenities.
    • Prime location near the 10 and 605 freeways and within walking distance of major retail centers.
    • Strong community amenities including a swimming pool, covered parking, secured access, and on‑site laundry facilities.

    Overview

    Villa Monterey is a 41-unit apartment complex located in Baldwin Park, California, one block from the 10 Freeway. The property, situated on a ±71,546 SF lot, features a total building size of ±35,954 SF. The unit mix includes 20 one-bedroom/one-bathroom units, 10 two-bedroom/one-bathroom units, and 11 two-bedroom/two-bathroom units, with an average unit size of ±879 SF. Units feature high-speed internet access, air conditioning and heating, ceiling fans, and full kitchen appliances, including dishwashers. Community amenities include a swimming pool, ample covered parking, secured access, storage space, and two on-site laundry facilities. The property is located near major retail centers with retailers including Walmart, Home Depot, Target, Food 4 Less, Starbucks, McDonalds, and LA Fitness. The location provides access to the 10 and 605 Freeways and is less than 20 miles from Downtown Los Angeles, the City of Commerce, and the City of Industry. The property presents an opportunity to improve building operations and capture market rents to increase net operating income. The property has assumable debt at a 2.95% interest-only rate until June 2030.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Dental Office Hair Salon Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baldwin Park
    County
    Los Angeles
    State
    California
    Longitude
    -117.971
    Latitude
    34.0941

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 41-unit apartment complex in Baldwin Park.
    Where is this apartment building located?
    The property is located at 3108 Vineland Avenue Baldwin Park, CA.
    What is the asking price?
    The asking price for this property is $10,800,000.
    What are key features of this property?
    This property features: Assumable debt at a low 2.95% interest‑only rate until June 2030, offering attractive cash‑on‑cash returns.; Significant financial upside with a clear path to a 6.90% Cap Rate at market rents, representing a 30% increase.; Well‑maintained 41‑unit asset in a high‑demand rental location in Baldwin Park.
    More about this property
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