Triplex With Separate
For Sale
$1,400,999
4520 Walnut Street, Baldwin Park, CA 91706
Three independently arranged residences each offer two bedrooms and one bathroom.
Property Size2,474 SF
Price / SF$566.29
Days on Market125
Property Features for 4520 Walnut Street
General Information
Standard status
Active
Size
2,474 SF
Property subtype
Triplex
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Building Details
Building Size
2,474 SF
Year Built
1951
Listing Agency:
Real Brokerage Technologies Inc
(818) 312-9451
Listed By:
Norma Rodriguez · License #02083942
Source:
Archetyperealty
Added: Apr 10
Changed: Aug 12
Last Checked: Aug 12 at 4:25AM
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 Real Brokerage Technologies Inc
Investment Insights
Based on property information with market context.
Located at 4520 Walnut Street in Baldwin Park, California, this triplex contains approximately 2,474 square feet across three separate residences. Each unit is configured with two bedrooms and one bathroom, creating a consistent layout throughout the property. The building was constructed in 1951, and all three units have Certificates of Occupancy.
The property may be delivered vacant, allowing the next owner to occupy, renovate, or lease the residences. Any additional development, unit expansion, permitted use, or lot utilization would remain subject to applicable zoning requirements and city approval.
The property may be delivered vacant, allowing the next owner to occupy, renovate, or lease the residences. Any additional development, unit expansion, permitted use, or lot utilization would remain subject to applicable zoning requirements and city approval.
Key Highlights
- Three‑unit triplex with approximately 2,474 square feet of total living space
- Each residence includes 2 bedrooms and 1 bathroom
- All 3 units have Certificates of Occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,205
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$864,100
$864.1K
Cap Rate 7%
$617,214
$617.2K
Cap Rate 9%
$480,056
$480.1K
Market Conditions
NOI Build-Up for 2,474 SF
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.
Gross rent
$66.8K $27.00/SF
− Vacancy
−$5.1K −$2.05/SF
EGI
$61.7K $24.95/SF
− OpEx
−$18.5K −$7.48/SF
NOI
$43.2K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$864,100
Cap Rate 7%
$617,214
Cap Rate 9%
$480,056
Alternative Uses
Best Use
Multifamily LT 5
$617.2K
$540.1K – $720.1K
NOI $43,205 @ 7.0% cap · market cap 3.08%
Second Best
Apartment 5plus
$568.7K
$497.6K – $663.5K
NOI $39,809 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$1.32M
$1.16M – $1.55M
NOI $92,720 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
540
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three independently arranged residences each offer two bedrooms and one bathroom.
Where is this triplex located?
The property is located at 4520 Walnut Street Baldwin Park, CA.
What is the asking price?
The asking price for this property is $1,400,999.
What are key features of this property?
This property features: Three‑unit triplex with approximately 2,474 square feet of total living space; Each residence includes 2 bedrooms and 1 bathroom; All 3 units have Certificates of Occupancy
