Listed by Douglas McCauley•DRE #01155706• MARCUS & MILLICHAP
Listed by David Covarrubias•DRE #01941403• MARCUS & MILLICHAP
Contact: 626-695-6776
For sale
$6,300,000
Est. $40,459/mo —
36
bd
•
23 ba
•
16,928
sq ft
144-150 E Baseline Rd, San Dimas, CA 91773
About this home
Pleased to exclusively present the opportunity to acquire 144 & 150 East Baseline Road, an 18-unit multifamily investment located in San Dimas, California. The property is located north of Interstate 210 off the San Dimas Avenue exit. The offering consists of two contiguous parcels (A. P. N. 8661-015-003 & 8661-015-027). 144 East Baseline Road is a two-story 12-unit apartment building consisting of twelve two-bedroom/one-bathroom floor plans. The units average 908 square feet, and each apartment has a fireplace and wall air conditioning. In addition, the units are individually metered for gas and electricity and there is a central hot water heater. Constructed in 1963, the property sits on a 20,076 square foot parcel and has 10,900 rental square feet. There is also a laundry facility (leased) at the rear of the property. 150 East Baseline Road has six apartment units consisting of two newly built ADUs with one bedroom/one-bathroom units with dishwashers, microwaves, and private backyards. There are also two-two bedroom/two-bathroom single story units with central air conditioning and heat, dishwashers, private backyards, constructed in 1989 and two-three bedroom/two and two-and-one half bathroom townhouse style units with two car-attached garages with direct access into the unit, washer/dryer hook-ups, dishwashers, private backyards, and was constructed in 1989. In addition, the units are individually metered for gas and electricity and contain individual hot water heaters. The property sits on a 17,481 square foot parcel and has approximately 5,988 rental square feet. The offering has an outstanding location just north of Interstate 210 and within very close proximity to California State Route 57, giving residents the advantage of easy access to neighboring cities for work and entertainment. The property is within minutes’ drive to major department stores and popular restaurants including Costco, Sam’s Club, Home Depot, Target, Trader Joe’s, and In-N-Out Burger. In addition, the city’s Bonita Unified school district offers a total of 14 schools with more than 10,000 students attracting families with long-term residence. The city is also home to the 1,700-acre Frank G. Bonelli Recreational Park, Raging Waters, and Puddingstone Lake with multiple outdoor activities for all ages such as hiking, biking, boating, fishing, kayaking, playgrounds and camping. In addition, the Foothill Gold Line Station (Metro) is only 1.2 miles away from the subject property.
San Dimas Canyon, located between San Dimas Avenue and the Angeles National Forest boundary, is a foothill and canyon San Dimas neighborhood with trailhead energy and oak-lined scenery. The neighborhood’s character concentrates at the San Dimas Canyon Park entrance along San Dimas Canyon Road, where cyclists, hikers, and weekend traffic set a steady outdoor rhythm. Homes lean toward ranch-style and hillside builds with larger lots, framed by chaparral slopes and seasonal creekbeds. The canyon road reads as a scenic corridor, with equestrian pockets and pull-offs that signal a nature-first lifestyle. Community touchstones include San Dimas Canyon Park, Frank G. Bonelli Regional Park, and the Pacific Railroad Museum for a dose of local history. Evenings feel quieter, with the foothills holding the horizon and the city grid fading behind the canyon mouth.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Two-level layout
Driveway entry
Bedrooms
Total of 18 units (various unit types: studios/1–3 bedrooms across the property)
Unit breakdown includes 1-bd, 2-bd and 3-bd units
Bathrooms
Units include 1, 2 and 3 bathroom configurations (some units have half baths)
Kitchen
Typical apartment kitchens (appliances not specifically listed)
Laundry & utility
On-site laundry area
Gas and electric dryer hookups available
Exterior features
No pool
Curbs, street lighting and sidewalks in the community
Home design
Attached apartment community
Two stories
Parking
Total of 22 parking spaces on site
Carport spaces: 10
Uncovered spaces: 8
Garage spaces: 4
Includes direct garage access
Construction
Three buildings on the parcel
Utilities
Public sewer
District/Public water
One separate water meter
19 separate gas meters
19 separate electric meters
HOA & community
Community apartment ownership/common interest
Financial info
Total building area: 16,928 (building square footage)
Total actual monthly rent listed: $39,575
Gross scheduled income: $474,900
Gross income: $424,900
Net operating income: $297,767
Operating expenses: $167,886
Other income (e.g., laundry, late fees): $5,000
Typical tenant-paid utilities: Gas and Electricity
Expense highlights: Insurance $16,800; Water & Sewer $15,432; Maintenance $19,092; Trash $12,612; New Taxes $78,670; Fuel $4,607; Gardener $2,760; Pest control $728
Other
Property consists of 18 units across 3 buildings
Parcel numbers referenced in public records
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the MF-D zone is to provide for the development of duplexes, to insure that such development is compatible with contiguous uses, to encourage well-planned neighborhoods through creative and imaginative site planning, and to insure integrated design and unified control of design.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Dec 2, 2025 • Final
Electrical
Replace the existing electrical service with a new four-gang panel on the front of a multi-family building.
Electrical
Aug 27, 2024 • Active
Plan check
Convert an existing garage into an accessory dwelling unit.
ADU
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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