Seven-Unit Apartment Building
3757 Holly Ave Baldwin Park, CA 91706
3757 Holly Ave, Baldwin Park, CA, 91706
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For Sale
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Seven-unit multifamily property with below-market rents and stabilized occupancy near major freeway access.
Property Size4,898 SF
Price / SF$377.48
Days on Market86
Property Features for 3757 Holly Ave
General Information
- Standard status
- Active
- Size
- 4,898 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1961
Listing agency
Lee & Associates - Pasadena
(626) 841-1864
Listed by
Mauricio Olaiz · License #CA 02073450
Source
Crexi
Added: Apr 28 Updated: Jul 21 at 7:17PM Checked: Jul 21 at 7:17PM
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 Lee & Associates - Pasadena
Investment Insights
Based on property information with market context.
Holly Avenue Apartments is a 7-unit multifamily apartment building offered for sale in Baldwin Park, California. The property features a unit mix designed for consistent rental demand, with stabilized occupancy and minimal vacancy risk described by the seller. The current rent profile is below market, creating an opportunity for rent optimization and improved operational efficiencies.
The property is located at 3757 Holly Avenue and benefits from proximity to major employment centers and transportation corridors, including the I-10 and I-605 freeways.
The offering is positioned as a low-maintenance, straightforward management investment focused on value-add through operational improvements and rent adjustments.
The property is located at 3757 Holly Avenue and benefits from proximity to major employment centers and transportation corridors, including the I-10 and I-605 freeways.
The offering is positioned as a low-maintenance, straightforward management investment focused on value-add through operational improvements and rent adjustments.
Key Highlights
- 7‑unit multifamily property at 3757 Holly Avenue in Baldwin Park, CA
- Year built: 1961
- Stabilized occupancy with minimal vacancy risk reported
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $155.8k | $31.80 |
| − Vacancy | −$12.5k | −$2.54 |
| EGI | $143.3k | $29.26 |
| − OpEx | −$64.5k | −$13.17 |
| NOI | $78.8k | $16.09 |
4,898 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.13M
$985.2K – $1.31M
NOI $78,813 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.62M
$2.29M – $3.06M
NOI $183,566 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Seven-unit multifamily property with below-market rents and stabilized occupancy near major freeway access.
Where is this apartment building located?
The property is located at 3757 Holly Ave Baldwin Park, CA.
What is the asking price?
The asking price for this property is $1,848,888.
What are key features of this property?
This property features: 7‑unit multifamily property at 3757 Holly Avenue in Baldwin Park, CA; Year built: 1961; Stabilized occupancy with minimal vacancy risk reported