Los Angeles, CA 90031 3813 Baldwin Street

Presented By: Michael Dixon with NAI Capital, Inc.;
  • MLS# 24381279
  • 04/17/2024
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  • BedBeds • 12
  • BathBaths • 10
  • FootageSQFT • 6,986

Home Details

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.
Presented By: Michael Dixon with NAI Capital, Inc.;

Interior Features for 3813 Baldwin Street

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths10

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories2

General for 3813 Baldwin Street

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, VentedExhaustFan, Dryer, Washer
Attached Garage No
Buyer FinancingCash
Cap Rate4.1
Carport Y/NNo
CityLos Angeles
Construction MaterialsStucco
CountyLos Angeles
Days on Market8
DirectionsNorth on Mission Blvd. Left on Baldwin
Facing DirectionSouth
Garage Y/NNo
Gross Income126600.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet7504.0
MLS Area677 - Lincoln Hts
MobileHomeRemainsYNNo
Net Operating Income73428.0
New ConstructionNo
Occupancy TypeTenant
Open Parking Spaces1.0
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesCarbonMonoxideDetectors, FireDetectionSystem, SmokeDetectors, WindowBars
Senior Community Y/NNo
SewerSewerTapPaid
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameBaldwin
Total Units9
View Y/NNo
Waterfront Y/NNo
Year Built1975
ZoningLAR3

Exterior for 3813 Baldwin Street

Building Area Total6986.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1723
Lot Size Area7504.0
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesConcrete, Covered
SpaNo
Total Parking12.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,800,000
MLS#24381279
List Date 04/17/2024
Property Type Multi-Family
Phone 714.964.3311
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