TOUR DATES: Tues. February, 25th and Thurs. February 27th (by appointment) PROPERTY WEBSITE: https://properties.berkadia.com/claremont-park-471595 Berkadia is pleased to present for sale, Claremont Park Apartments, a rare opportunity to purchase in bucolic Claremont where owners hold long-term and properties rarely trade. This 75-unit apartment community sits on over 4.3 acres of park-like grounds with resort-like amenities including a sparkling swimming pool with spa, cabanas, BBQ area, sauna, fitness center with cardio machines, playground, dog park and on-site leasing office. All units feature in-unit washer/dryer (except 10) and all but 6 of the units have been renovated with granite countertops, upgraded cabinet faces and energy efficient stainless-steel appliances. The property offers an investor the opportunity to add value by potentially creating 3 revenue generating ADUs, renovating the remaining 6 unrenovated units, adding washer/dryers in the remaining 10 units, renovating the gym and modernizing the exterior of the building. The current in-place cap rate is 5.2% based on the in-place rent roll; 6.02% cap rate with light value add. Claremont is an incredibly desirable community within LA County and do not have City rent control. The property is minutes to the Claremont McKenna Colleges and restaurants and shopping in Historic Claremont Village. The Claremont Metrolink Red Line station is 2 minutes from the property with easy access to the 10 and 210 freeways.