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Arcadia, CA 91007 309 S Baldwin Avenue

$3,750,000

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Presented By: Priscilla Nee with CB Richard Ellis, Inc.;
  • MLS# 23314203
  • 09/22/2023
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  • BedBeds • 12
  • BathBaths • 8
  • FootageSQFT • 7,432
  • GarageGarage • 8

Home Details

Comprised of two buildings built-in 1956 on an oversized 21,996 square foot R3-R lot, 309-311 South Baldwin Avenue is a single-story, eight-unit multifamily property with a total living area of 7,432 square feet. Spotted by a signature wishing well, and easily recognizable by residents and fellow investors in the area as a Karyn Jackson building, the meticulously maintained property is separately metered for gas and electric, and offers an on-site laundry facility and three large storage rooms. Parking is in the rear of the property with eight garages with storage bins and a minimum of six open spaces.309-311 South Baldwin Avenue boasts an excellent unit mix with four one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. The units are charming and spacious, with central air & heat, ample closet space, and private patios. Several units have been fully renovated, three units have fireplaces (309A, 309D & 311A), and all units have hardwood floors. PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS
Presented By: Priscilla Nee with CB Richard Ellis, Inc.;

Interior Features for 309 S Baldwin Avenue

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths8

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringWood
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories1

General for 309 S Baldwin Avenue

Additional Parcels Y/NNo
AppliancesRange
Attached Garage No
Carport Y/NNo
CityArcadia
Construction MaterialsFrame, Stucco
CoolingCentralAir
CountyLos Angeles
Days on Market213
Directions309-311 S Baldwin Ave, Arcadia | Located just one block north of Huntington Drive
Electric Expense423.0
Entry LocationGround Level - no steps
Garage Spaces8.0
Garage Y/NYes
Gross Income202260.0
HOA / Comm AssnNo
HeatingCentral
High School DistrictArcadia Unified
Home Warranty Y/NNo
Insurance Expense3344.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet21996.0
MLS Area605 - Arcadia
MaintenanceExpense4800.0
MobileHomeRemainsYNNo
Net Operating Income123654.0
New ConstructionNo
Open Parking Spaces6.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameBaldwin
Taxes$43,789
Tenant PaysElectricity, Gas
Total Units8
Trash Expense1660.0
View Y/NNo
Water Sewer Expense2085.0
Waterfront Y/NNo
Year Built1956
Year Built SourceAssessor
ZoningR3-R

Exterior for 309 S Baldwin Avenue

Building Area Total7432.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.505
Lot Size Area21996.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage, Uncovered
SpaNo
Total Parking14.0

Additional Details

Price History

1527188455

First Team Client Services

Price $3,750,000
MLS#23314203
List Date 09/22/2023
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors