OFFERING MEMORANDUM
3704 BALDWIN AVE
EL MONTE, CA 91731
BRETT LYON
(310) 780-1899
LIC. 01717818
WOODY STAHL
(310) 710-3829
LIC. 01399621
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3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 2
TABLE OF CONTENTS
THE PROPERTY 4
Property Overview / Highlights
Property Photographs
Floor Plan
Local Map
Aerial Map
THE FINANCIALS 10
Financial Overview
Rent Roll
COMPARABLES 12
Sold Comparables
Sold Comparables Map
Lease Comparables
Lease Comparables Map
On-Market Comparables
On-Market Comparables Map
THE LOCATION 19
City Overview
County Overview
DISCLAIMER AND CONFIDENTIALITY AGREEMENT 23
OFFERING MEMORANDUM
3704 BALDWIN AVE
EL MONTE, CA 91731
Page 3LYON STAHL INVESTMENT REAL ESTATE
PROPERTY
OVERVIEW
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 4
PROPERTY OVERVIEW
PROPERTY SUMMARY
PRICE $1,100,000
ADDRESS 3704 Baldwin Ave
CITY, STATE, ZIP El Monte, CA 91731
COUNTY Los Angeles
YEAR BUILT 1963
NUMBER OF UNITS 4
BUILDING SIZE 3,739 SF
LOT SIZE 14,266 SF
CAP RATE 2.10%
PRO FORMA CAP RATE 4.79%
GRM 22.92
PRO FORMA GRM 13.89
PRICE / BLDG SF $294.20
PRICE / LOT SF $77.12
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 5
PROPERTY OVERVIEW
Lyon Stahl is excited to present 3704 Baldwin Avein El Monte! This El Monte 4-unit features 3,739 SF ofliving space on a large 14,266 SF lot. Built in 1963,this property features a large driveway and two (2)attached 1-car garages. The unit mix consists of(1) 3-bed/1-bath unit, (2) 2-bed/2-bath units, anda (1) 2-bed/1-bath unit.
This is an excellent opportunity for a potentialinvestor to obtain 30-year fixed residentialfinancing while rates are at a historical low.Located just 3 Blocks of 10 Freeway entrance, 3704Baldwin Ave is an excellent owner-user buyallowing for an owner to live in one unit and enjoythe top of the market rental income from theothers.
• El Monte 4-Unit Situated on a Large 14,266 SFLot
• Unit Mix: (1) 3-Bed/1-Bath, (2) 2-Bed/2-Bath, &(1) 2-Bed/1-Bath | 3,739 SF of Living Space
• Large Driveway Allowing for Ample Off-StreetParking | Attached 2-Car Garage
• Located Just Three (3) Blocks From The 10Freeway Allowing Quick Access to DowntownLA
• 3-Bed/1-Bath and 2-Bed/1-Bath Both Feature AAttached (1) Car Garage & A Large Yard
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 6
PROPERTYPHOTOGRAPHS
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 7
AERIALPHOTOGRAPHS
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 8
AERIAL MAP
OFFERING MEMORANDUM
3704 BALDWIN AVE
EL MONTE, CA 91731
Page 9LYON STAHL INVESTMENT REAL ESTATE
FINANCIAL
OVERVIEW
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 10
FINANCIAL OVERVIEW
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 11
RENT ROLL
OFFERING MEMORANDUM
3704 BALDWIN AVE
EL MONTE, CA 91731
Page 12LYON STAHL INVESTMENT REAL ESTATE
COMPARABLES
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 13
Address Price Units Year BuiltBuilding
SizePrice/Unit Price/SF Cap Rate GRM DOM
Averages $744,000 2.66 1946 2,072 SF $302,250 $369.44 4.59% 17.83 31.5Days
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SOLDCOMPARABLES
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3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 14
SOLDCOMPARABLES MAP
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 15
Address Price Units Year BuiltBuilding
SizePrice/Unit Price/SF Cap Rate GRM DOM
Averages $866,000 3 1965 2,307 SF $312,250 $998.14 5.21% 15.57 41.33 Days
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ON-MARKETCOMPARABLES
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 16
ON-MARKETCOMPARABLES MAP
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 17
Address Date Leased Year Built Unit Type Unit Size Rental Rate
N/A January 2019 1956 772 SF $1,715
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LEASE COMPARABLES
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 18
LEASE COMPARABLES MAP
OFFERING MEMORANDUM
3704 BALDWIN AVE
EL MONTE, CA 91731
Page 19LYON STAHL INVESTMENT REAL ESTATE
LOCATION
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 20
CITY PROJECTS
The El Monte Gateway project will be a model for transit-oriented-
development in the region, providing a first-phase of 484 residential units (132
of them are affordable housing) and 25,000 square feet of retail space. This
site is placed immediately adjacent to the El Monte Transit Station, which is
the newest and largest regional transit hub in the MTA network, and creates
transportation connections throughout the Los Angeles region. This is the first
phase of a larger overall Gateway plan, which includes a variety of mixed-
use buildings intended to invigorate this area of the City of El Monte and
provide a catalyst for future development.
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 21
El Monte is a residential, industrial, and commercial cityin Los Angeles County, California, United States. The citylies in the San Gabriel Valley, east of the city of LosAngeles. El Monte's slogan is "Welcome to Friendly ElMonte" and historically is known as "The End of theSanta Fe Trail". As of the 2010 census, the city had atotal population of 113,475, down from 115,965 at the2000 census. As of 2010, El Monte was the 51st largestcity in California.[8]
The 2010 United States Census[39] reported that ElMonte had a population of 113,475. The populationdensity was 11,761.6 people per square mile(4,541.2/km²). The racial makeup of El Monte was 44,058(38.8%) White (4.9% Non-Hispanic White),[6] 870 (0.8%)African American, 1,083 (1.0%) Native American, 28,503(25.1%) Asian (13.5% Chinese, 7.4% Vietnamese, 1.2%Filipino, 0.4% Cambodian, 0.2% Burmese, 0.2%Japanese, 0.2% Korean, 0.2% Indian, 0.2% Thai), 131(0.1%) Pacific Islander, 35,205 (31.0%) from other races,and 3,625 (3.2%) from two or more races. 78,317 (69.0%)of the population is Hispanic or Latino of any race(60.9% Mexican, 2.3% Salvadoran, 1.2% Guatemalan,0.4% Nicaraguan, 0.3% Honduran, 0.3% Cuban, 0.2%Puerto Rican, and 0.2% Peruvian).
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CITY OVERVIEW
3704 BALDWIN AVE
EL MONTE, CA 91731
LYON STAHL INVESTEMENT REAL ESTATE • 22
Los Angeles County is the most heavily populated county withapproximately 9.9 million people, including about 1 million thatlive in unincorporated areas of the county. The metropolis –formed by the six neighboring counties of Los Angeles, Ventura,Kern, San Bernardino, Riverside, and Orange – is home toapproximately 19 million residents. Los Angeles County is home toone of the most educated labor pools in the country and offers alabor force of more than 4.7 million, of which more than 1.5 millionare college graduates. Los Angeles County has the largestpopulation of any county in the nation, exceeded only by eightstates According to the United States Conference of Mayors, LosAngeles County boasts a GDP among the twenty largest in theworld. Los Angeles County’s continued economic growth, incontrast to other areas of the state and nation, is due to itsdiversified economy and abundant, well-trained workforce.
Los Angeles County is well located on the Southern Coast ofCalifornia, and covers 4,061 square miles, including the SanClemente and Santa Catalina islands. The county is comprised ofapproximately 88 vibrant and diverse cities hosting more than244,000 business establishments – the greatest concentration inthe state. Los Angeles County has a Gross Domestic Product(GDP) of approximately $446 billion – placing it among the top 20economies in the world. The combined GDP of Los Angeles andits five surrounding neighboring counties places it in the top 10.California is generally considered to be in the top five.
If Los Angeles County were its own nation, its economy would bethe 18th largest in the world. It is home to more than 244,000businesses, with more minority and women owned businessesthan any other state in the nation and is the nation’s topinternational trade center and manufacturing center. LosAngeles is recognized worldwide as a leader in entertainment,health sciences, business services, aerospace and internationaltrade. Because the Los Angeles area is so large and diverse, it hassomething to offer everyone. While Hollywood and the LosAngeles beach culture are part of our collective image of LosAngeles, the city also has more museums than any other city andsome of the best hotels in the world.
COUNTY OVERVIEW
The information contained in this Offering Memorandum (“Memorandum”) is proprietary and strictly confidential; it is
intended to be reviewed only by the party receiving it from Broker and should not be made available to anyone else without
the written consent of Broker. By retention or use of this Memorandum, you agree that its contents are confidential, that you
will hold it in the strictest confidence, and that you will not disclose any of its contents contrary to these terms.
This Memorandum has been prepared to provide summary, unverified information to establish a preliminary level of interest in
the subject property (“Property”). The information in this Memorandum has been obtained from sources Broker believes to be
reliable; however, Broker has not conducted sufficient investigation to make any warranty or representation whatsoever
including but not limited to the accuracy or completeness of the information, veracity or accuracy of the information,
condition of the Property or its compliance or lack of compliance with applicable governmental requirements,
developability, suitability or financial performance of the Property, income or expenses for the Property, the size and square
footage of the Property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the
compliance with State or Federal regulations, the physical condition of the improvements thereon, or the financial condition
or business Property and does not purport to be an all – inclusive representation regarding the Property or to contain all or
part of the information which prospective investors may require to evaluate the purchase of the Property. Additional
information and an opportunity to investigate the Property will be made available to interested and qualified prospective
purchasers. All information is based on assumptions relating to the general economy, market conditions, competition and
other factors beyond the control of Broker, therefore, all information is subject to material variation. The information
contained herein is not a substitute for a thorough due diligence investigation. Interested parties are expected to review all
information of whatever nature independently and not rely on the contents of this Memorandum in any manner.
The Property owner (“Owner”) expressly reserves the right, at its sole discretion, to reject any or all offers to purchase the
Property, and/or to terminate discussions at any time with or without notice. The Owner shall have no legal commitment or
obligation unless and until written agreement(s) have been fully executed, delivered and approved by the Owner and any
conditions to the Owner’s obligations therein have been satisfied or waived.
DISCLAIMER & CONFIDENTIALITY AGREEMENT
LYON STAHL INVESTEMENT REAL ESTATE • 23
BRETT LYON
(310) 780-1899
LIC. 01717818
WOODY STAHL
(310) 710-3829
LIC. 01399621
