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2918 Baldwin St, Los Angeles, CA 90031
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2918 Baldwin St Los Angeles, CA 90031

$918,000
  • 6 Beds
  • 4 Baths
  • 2,323 Sq.Ft.
For Sale
$918,000 Get Pre-Qualified
Map preview of 2918 Baldwin St, Los Angeles, CA 90031

Property Overview: 2918 Baldwin St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,323 living square feet and 9,019 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great investment property in Lincoln Heights, three individual homes on over 9000 sqft lot. Close to downtown LA, walking distance to school, within 5 mins drive to local stores and super markets. The front house has 3 bedrooms 2 full baths rent for $1364 (Section 8 tenant) , The back two units has 2 bedrooms 1 bath rent for $795, and 1 bedroom 1 bath rent for $1086 (Section 8 tenant). All units have private backyard, laudry area, individual gas meter and electric meter. The property is being sold AS-IS condition and sold with tenants. PLEASE DO NOT DISTURB TENANTS OR GO ONTO PROPERTY.

Listed by Windi Lau | BRE #01711339 | RE/MAX TOP PRODUCERS
Last checked: 10 minutes ago | Last updated: May 9th, 2024 | Source CRMLS | DOM: 9
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Home details

Lot Sq. Ft
9,019
HOA Dues
$0/mo
Year built
1890
Garage
--
Property Type:
Triplex
Status
Active
MLS#
CV24092831
City
Los Angeles
County
Los Angeles
Time on Site
11 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $795
  • Total Rent: $795
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,086
  • Total Rent: $1,086
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,364
  • Total Rent: $1,364
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $38,940
  • Net Operating Income: $35,940
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $3,000
  • Water/Sewer: $3,000

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Property Details for 2918 Baldwin St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Inside, Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet
  • All Bedrooms Down
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Brick
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5210019006
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Griffin Ave and Baldwin Ave
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 2918 Baldwin St

Last sold for $657,500 on August 14th, 2017

  • May, 2024

  • May 8, 2024

    Date

    Active

    CRMLS: CV24092831

    $918,000

    Price

  • August, 2017

  • Aug 14, 2017

    Date

    Sold

    CRMLS: 17245500

    $657,500

    Price

  • Jul 27, 2017

    Date

    Pending

    CRMLS: 17245500

    $679,900

    Price

  • Jun 26, 2017

    Date

    Price Change

    CRMLS: 17245500

    $679,900

    Price

  • Jun 26, 2017

    Date

    Active

    CRMLS: 17245500

    $679,000

    Price

  • Listing provided courtesy of CRMLS

    Triplex located in Lincoln Heights. Three individual homes on a 9,019 sq. ft. lot. The front house consists of 3 bedroomstwo bath and rents for $1325/mo. This is a Section 8 tenant. The two back units consist of a 2 bedroom/1 bath that rents for $772/mo. and a 1 bedroom/1 bath that rents for $1066/mo. The 1+1 is a Section 8 tenant. All the units either have patios or private back yards. The roofs on the two back houses are 3-4 years old. This is a great opportunity for a first time buyer or an owner/user. Long term owner-first time on the market in over 25 years. Close to schools, Downtown Los Angeles and shops. Below market rents with a huge upside potential. The property is being sold in its "AS IS" condition. No units will be delivered vacant at the close of escrow. The Seller will not pay for any tenant relocation fees. PLEASE DO NOT DISTURB TENANTS OR GO ONTO PROPERTY.

  • August, 2017

  • Aug 14, 2017

    Date

    Sold (Public Records)

    Public Records

    $657,500

    Price

Show More

Tax History for 2918 Baldwin St

Assessed Value (2020): $684,063
Year Land Value Improved Value Assessed Value
2020 $509,796 $174,267 $684,063

Home Value Compared to the Market

This property vs the competition

2918 Baldwin St is listed 26.56% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $395.18 per/sqft which puts the price per square foot 49.14% lower than the median price per square foot for the city of Los Angeles.

About 2918 Baldwin St

Detailed summary of property

2918 Baldwin St is a triplex located in Los Angeles, CA 90031 and is currently for sale. This triplex offers 6 bedrooms, 4 bathrooms, roughly 2,323 living square feet, and sits on an approximately 9,019 square foot lot. 2918 Baldwin St was first listed on ArdentRealEstateGroup.com on May 8, 2024. The homeowner is currently asking $918,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 26.56% lower than the median priced home. Local competing homes currently for sale include 321 W Avenue 37, 2530 Ganahl St and 4320 Beagle St. While the average home in Los Angeles, CA is selling in 92 days, 2918 Baldwin St has a days on market of 9 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2918 Baldwin St Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2918 Baldwin St

Public county record property details
Beds
5
Baths
3
Year built
1890
Sq. Ft.
2,323
Lot Size
9,019
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5210-019-006

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$661
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
36
Median Sale to List Price %
100%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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