Seven-Unit Apartment Building
For Sale
$1,848,888
3757 Holly Ave, Baldwin Park, CA 91706
Seven-unit multifamily property with below-market rents and stabilized occupancy near major freeway access.
Property Size4,898 SF
Days on Market172
Property Features for 3757 Holly Ave
General Information
Standard status
Active
Size
4,898 SF
Property subtype
Multifamily
Additional Details
Cap Rate
6.53%
Highway Access
Yes
Multifamily Units
7
Building Details
Building Size
4,898 SF
Year Built
1961
Tenancy
Multi
Listing Agency:
Lee & Associates - Pasadena
Listed By:
Mauricio Olaiz · License #CalDRE #02073450
(626) 841-1864
Source:
Lee-associates
Added: May 8
Changed: Oct 26
Last Checked: Oct 24 at 1:42PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,813
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,576,260
$1.6M
Cap Rate 7%
$1,125,900
$1.1M
Cap Rate 9%
$875,700
$875.7K
Market Conditions
NOI Build-Up for 4,898 SF
Gross rent
$155.8K $31.80/SF
− Vacancy
−$12.5K −$2.54/SF
EGI
$143.3K $29.26/SF
− OpEx
−$64.5K −$13.17/SF
NOI
$78.8K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,576,260
Cap Rate 7%
$1,125,900
Cap Rate 9%
$875,700
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 authorities.
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Property Analytics
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Open Analytics
Lease Details
7
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
Explore this area
Business Placement
Demographics for 91706, CA
73,313
Population
18,853
Households
3.9
Avg Household Size
36
Median Age
14%
College-Educated
68%
High-School Grad
13.5 sq mi
ZIP Area
5,431
Density / Sq Mi
$79,473
Median Household Income
$34,964
Median Earnings
$1,816
Median Rent
$589,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
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
