Holly Avenue Apartments

Located in Baldwin Park’s 91706 rental submarket, this value-add apartment asset enjoys proximity to major employment centers, I-10 and I-605 corridors, and transit-rich neighborhood retail.Lee & Associates - Pasadena is pleased to exclusively present Holly Avenue Apartments, a 7-unit multifamily investment opportunity located at 3757 Holly Avenue in Baldwin Park, California.​ This property offers strong in-place cash flow with significant upside potential through rent optimization and operational efficiencies.​ The property features below-market rents, providing a clear value-add opportunity for investors.​ With stabilized occupancy and minimal vacancy risk, the asset presents a favorable unit mix with consistent tenant demand.​ Located in a high-demand rental submarket of Baldwin Park, the property benefits from proximity to major employment centers and transportation corridors including the I-10 and I-605 freeways.​ Investors will appreciate the potential to increase NOI through operational efficiencies and the low-maintenance asset profile with a straightforward management approach.​ The offering presents attractive metrics including a 6.53% CAP Rate, 10.77 GRM, $377.48 per square foot, and $264,127 per unit.​