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3813 Baldwin St, Los Angeles, CA 90031
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3813 Baldwin St Los Angeles, CA 90031

$1,800,000
  • 12 Beds
  • 10 Baths
  • 6,986 Sq.Ft.
For Sale
$1,800,000 Get Pre-Qualified
Map preview of 3813 Baldwin St, Los Angeles, CA 90031

Property Overview: 3813 Baldwin St Los Angeles, CA has 12 bedrooms, 10 bathrooms, 6,986 living square feet and 7,504 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: The Baldwin Street Apartments are in a highly desirable location in Lincoln Park, providing easy access to the 5 freeway and is a just a short 10-15-minute drive to popular restaurants, shopping centers, and top-ranked Medical educational institutions. Located in the heart of Lincoln Park, the property is near the University of Southern California Health Sciences Campus Los Angeles County and is conveniently positioned with just a short drive to Burbank, North Hollywood and Glendale. Significant local landmarks within a 20-mile radius include: Griffith Observatory, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more. Totaling 9 -units, The Baldwin Street Apartments is a 2-story property, built in 1975. A double lot situated on 7502 square feet of land and a total building size of 6986 square feet, the property features a unique unit mix of eight 1 bed one bath & a singular 4-bedroom 2 bath unit. The units feature wall air conditioning and heating, ceiling fans, vertical blinds and kitchens with quality appliances. There is a large amount of uncaptured potential revenue, including instant additional income when you start charging for laundry and for on-site parking. City has said two ADU could be added to this site. Please confirm with city.

Listed by Michael Dixon | BRE #01004121 | NAI Capital, Inc.
Last checked: 15 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 14
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Home details

Lot Sq. Ft
7,504
HOA Dues
$0/mo
Year built
1975
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24381279
City
Los Angeles
County
Los Angeles
Time on Site
13 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,624
  • Total Rent: $1,624
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,078
  • Total Rent: $8,626
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.1%
  • Gross Rent Multiplier: 14.6
  • Gross Scheduled Income: --
  • Net Operating Income: $73,428
  • Gross Operating Income: $126,600
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3813 Baldwin St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Community
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Vented Exhaust Fan
Interior Features
  • Levels: Multi/Split
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Window Bars
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Concrete, Covered
Property Information
  • Total # of Units: 9
  • Parcel Number: 5211012014
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North on Mission Blvd. Left on Baldwin
View more facts & features

Local Los Angeles Agent

Sale History for 3813 Baldwin St

Last sold for $1,655,000 on October 30th, 2020

  • April, 2024

  • Apr 17, 2024

    Date

    Active

    CRMLS: 24381279

    $1,800,000

    Price

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: PW23109163

    $1,750,000

    Price

  • Jun 21, 2023

    Date

    Active

    CRMLS: PW23109163

    $1,980,000

    Price

  • Listing provided courtesy of CRMLS

    Wonderful opportunity to own a 9 unit multi-family located in Lincoln Heights, Los Angeles. This building offers an abundance of covered parking space and is conveniently located nearby freeways. The building includes one 4bed/2bath and eight 1bed/1bath units all on separate gas and electrical meter. Owner pays for water and trash. The laundry room located in the parking. 8 of 9 tenants have been there long term. One of the 1bed/1bath units has been remodeled and currently has new tenant paying $1,800. Roof has been recently maintained and half the units have been redrained by current owner. Currently at 100% occupancy.

  • October, 2020

  • Oct 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,655,000

    Price

  • November, 2018

  • Nov 13, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3813 Baldwin St

Assessed Value (2020): $298,513
Year Land Value Improved Value Assessed Value
2020 $23,677 $274,836 $298,513

Home Value Compared to the Market

This property vs the competition

3813 Baldwin St is listed 45.63% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $257.66 per/sqft which puts the price per square foot 66.67% lower than the median price per square foot for the city of Los Angeles.

About 3813 Baldwin St

Detailed summary of property

3813 Baldwin St is a multi family located in Los Angeles, CA 90031 and is currently for sale. This multi family property offers 12 bedrooms, 10 bathrooms, roughly 6,986 living square feet, and sits on an approximately 7,504 square foot lot. 3813 Baldwin St was first listed on ArdentRealEstateGroup.com on April 17, 2024. The homeowner is currently asking $1,800,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 45.63% higher than the median priced home. Local competing homes currently for sale include 3313 Folsom St, 2500 E 1st St and 2618 Carleton Ave. While the average home in Los Angeles, CA is selling in 96 days, 3813 Baldwin St has a days on market of 14 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 3813 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 3813 Baldwin St

Public county record property details
Beds
--
Baths
--
Year built
1975
Sq. Ft.
6,986
Lot Size
7,501
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5211-012-014

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
$828,000
Median List Price/Sq.Ft.
$566
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
35
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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