Properties

Baldwin Park, CA 91706 3108 Vineland

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Presented By: Eric Chen with CB RICHARD ELLIS; 626-757-5717
  • MLS# CV26029947
  • 02/09/2026
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  • Baths • 1
  • SQFT • 35,954

Home Details

We are proud to present Villa Monterey, a Well-Maintained 41-Unit Asset Located at 3108 Vineland Avenue in the city of Baldwin Park. Situated one block from the 10 Freeway, this pride-of-ownership property benefits from a high-demand rental pocket, proximity to major retail hubs, and consistent occupancy levels. Baldwin Parkโ€™s central location and the propertyโ€™s historical stability make this an ideal investment choice for steady rental income and long-term appreciation in the heart of the San Gabriel Valley. Villa Monterey is a 41-unit community featuring a total building size of ยฑ35,954 SF situated on an expansive ยฑ71,546 SF lot (ยฑ1.64 Acres). The property features an excellent unit mix consisting of (20) 1-bedroom/1-bathroom, (10) 2-bedroom/1-bathroom, and (11) 2-bedroom/2-bathroom floor plans with an impressive average unit size of ยฑ879 SF. Meticulously cared for, the asset features an open garden-style layout with amenities that include a swimming pool, ample covered parking, secured access, storage space, and two on-site laundry facilities. Units are well-appointed with high-speed internet access, AC & heating, ceiling fans, and full kitchen appliances including dishwashers. This opportunity features an assumable loan at a 2.95% interest-only rate until June 2030. This rare financing allows a new investor to realize a 6.84% Cash-on-Cash return on current income, with the potential to reach a 11.05% return on pro forma income. The property currently operates at a 4.84% Cap Rate, with a clear path to a 6.90% Cap Rate at market rents. The City of Baldwin Park is ideally located within Southern California, offering exceptional โ€œhubโ€ access to the 10 and 605 freeways. Its prime location is within walking distance to major retail centers featuring Walmart, Home Depot, Target, Food 4 Less, Starbucks, and LA Fitness. Significant employment and entertainment hubs within a 20-mile radius include Downtown Los Angeles, the City of Commerce, the City of Industry, Pasadena, and Dodger Stadium. Villa Monterey represents a premier income-producing asset in a high-rental-demand location, presenting a stable and lucrative opportunity for 1031 exchange buyers and seasoned investors seeking a large-scale footprint with significant 30% financial upside.
Presented By: Eric Chen with CB RICHARD ELLIS; 626-757-5717

Interior Features for 3108 Vineland

Other Interior Features

Air Conditioning Y/NYes
Common Walls2+ Common Walls
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2

Other Rooms

Entry Level1

General for 3108 Vineland

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate4.84
Carport Spaces45
Carport Y/NYes
CityBaldwin Park
Community FeaturesCurbs, Sidewalks, Pool
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsMerge onto I-10 W, Take exit 32B toward Francisquito Ave, Continue straight onto Vineland Ave
Electric Expense10218
Entry Location1
Fuel Expense16327
Garage Spaces
Garage Y/NNo
Gross Income901589
HeatingWall Furnace
Insurance Expense30750
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to Existing Loan, Cash to New Loan
Lot Size Square Feet71567
Lot Size UnitsSquare Feet
MLS Area608 - Baldwin Pk/Irwindale
MaintenanceExpense24600
Net Operating Income523052
New ConstructionNo
Number Of Units Total41
Number of Units Leased40
Operating Expense351489
Pool FeaturesCommunity, In Ground
PostalCityBALDWIN PARK
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot10
Taxes$144,758
Total Actual Rent856716
Trash Expense24633
Water Sewer Expense23986
Year Built1978
Year Built SourceAssessor

Exterior for 3108 Vineland

Building Area Total35954
Lot FeaturesLot Over 40000 Sqft
Lot Size Acres1.643
Lot Size Area71567
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters41
Number of Separate Gas Meters41
Number of Separate Water Meters1
Pool Charge6888
Private PoolNo
SpaNo
Total Parking45
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $10,800,000
MLS#CV26029947
List Date 02/09/2026
Property Type Multi-Family
Phone 888.795.6274
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Request Tour
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