10012 Valley Boulevard

El Monte, CA 91731

$8,500,000
Price
5
Beds
43
Baths
23,670 Sq. Ft.
$359 / Sq. Ft.
23,670
Sq. Ft.
$359
per Sq. Ft.

Description

Offering a return of 6% plus market capitalization rate and a market GRM of 9.93X Baldwin Valley Apartments offers an opportunity to renovate approximately half the units and capture loss to lease on many previously renovated units. With a central location in the San Gabriel Valley, the unit mix caters to the demand in the immediate area, The tenants pay electricity and for parking.Offering a return of 6% plus market capitalization rate and a market GRM of 9.93X Baldwin Valley Apartments offers an opportunity to renovate approximately half the units and capture loss to lease on many previously renovated units. With a central location in the San Gabriel Valley, the unit mix caters to the demand in the immediate area, The tenants pay electricity and for parking.
  1. Listed by Mike Marcu • DRE #00919594 • Brokerage DRE #00919594 • Mike Marcu, Broker • 562-260-0940

Property Details for 10012 Valley Boulevard

Parking Spaces Total
41
Private Pool
No
Total Units
41.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
23670
Assessor Parcel Number
8578-008-003
Property Attached YN
true
LISTING UPDATED: 01/27/2025 10:26 AM

Property Details for 10012 Valley Boulevard

StatusActive
MLS #OC25019773
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
CountyLos Angeles County

Building Information for 10012 Valley Boulevard

Building/Complex10012 Valley BlvdFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1961Building Size-

Property Information for 10012 Valley Boulevard

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $34,850
  • Gross Scheduled Income: $750,770
  • Vacancy Allowance: 20268
  • Gross Operating Income: $723,140
  • Net Operating Income: $372,127
  • Laundry Income: $4,694
  • Other Income Description: Parking/Misc
  • Other Income 1: $19,535
  • Other Income 2: $10,622
  • Cap Rate: 4.4
Expense Details
  • Operating Expense: $350,013
  • New Taxes Expense: $121,257
  • Fuel Expense: $12,000
  • Pool Expense: $4,800
  • Electric Expense: $24,670
  • Insurance Expense: $34,850
  • Maintenance Expense: $22,550
  • Professional Management Expense: $21,524
  • Other Expense: $74,140
  • Other Expense Description: Misc.
  • Trash Expense: $9,056
  • Water Sewer Expense: $26,000
  • Total Expenses: $350,013
Tax / Assessment Info
  • Tax Tract Number: 32
  • Tax Census Tract: 4328.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Own
Exterior Features
  • Entry Location: 1
  • Pool Features: Community, In Ground
  • Pool Description: In Ground
  • Pool: Below Ground, Community/Common
Land/Lot Info
  • Lot Features: 36-40 Units/Acre
  • Number Of Units: 41
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 2
  • Carport Spaces: 39
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 21
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,387
  • Unit Type Total Rent: $29,137
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 16
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,478
  • Unit Type Total Rent: $23,651
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,599
  • Unit Type Total Rent: $3,198
  • Unit Type Pro Forma: 1599
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,196
  • Unit Type Total Rent: $2,392
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 42
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 10012 Valley Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10012 Valley Boulevard

Taxable ValueLand$768,484Additions$1,077,803Total$1,846,287
Tax Record2024$34,436 ($2,870 / month)
Home Facts
Total Finished SqFt23,670 SqFtAbove Grade Finished SqFt23,670 SqFtLot Size36,938 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningEMC3*CountyLOS ANGELESAPN8578-008-003

Schools near 10012 Valley Boulevard

This home is within El Monte Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Shirpser Elementary School
PublicK to 6

Gidley Elementary School
PublicK to 8

Rosemead High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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10012 Valley Boulevard is a multi-family home for sale in El Monte, CA 91731. This property was listed for sale on January 26, 2025 by Mike Marcu, Broker, it's currently listed at $8,500,000. It has been on the market for a total of 23 days and was last sold on September 18, 1999. This listing's school districts are El Monte Union High School District, El Monte City School District. Nearby schools include Shirpser Elementary School, Gidley Elementary School and Rosemead High School. 10012 Valley Boulevard is a 5-bed, 43-bath, 23,670 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mike Marcu, Broker, Mike Marcu, DRE #00919594

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.