3813 Baldwin Street

Los Angeles, CA 90031

$1,800,000
Price
12
Beds
10
Baths
6,986 Sq. Ft.
$258 / Sq. Ft.
6,986
Sq. Ft.
$258
per Sq. Ft.

Description

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...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.
  1. Listed by Michael Dixon • DRE #01004121 • Brokerage DRE #00549936 • NAI Capital, Inc.

Property Details for 3813 Baldwin Street

Zoning
LAR3
Parcel Number
5211012014
Total Units
9.0
Living Area
6986
Source Living Area
Vendor Enhanced
Area
Lincoln Heights (677)
Vacancy Rate
0
Lot Size Area
7504

Location

Listing Courtesy of NAI Capital, Inc., Michael Dixon, DRE #01004121
Add your commute
LISTING UPDATED: 04/25/2024 12:01 AM

Property Details for 3813 Baldwin Street

StatusActive
MLS #24-381279
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1975
Lot Size0.17 AC / 7,504 SF
CountyLos Angeles County

Location

Listing Courtesy of NAI Capital, Inc., Michael Dixon, DRE #01004121
Add your commute

Building Information for 3813 Baldwin Street

Stories2Residences-Year Built1975Building Size-Lot Size0.17 AC / 7,504 SF

Payment Calculator

$11,647 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$1,824

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3813 Baldwin Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 9
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Garden Style
  • Security Features: Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Window Bars
  • Direction Faces: South
  • Water: District
  • Sewer: In Street Paid
  • Water Heater Features: Central Water Heater
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $126,600
  • Net Operating Income: $73,428.00
  • Gross Income: $126,600
  • Cap Rate: 4.10%
  • Gross Rent Multiplier: $14.60
  • Total Annual Expense: 53172
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1723
  • Lot Size Square Feet: 7504
Parking Details
Parking Details
  • Parking Garage: Driveway - Concrete, Covered Parking
  • Total Parking: 12
  • Covered Parking: 11
  • Open Other Spaces Total: 1
  • Parking Features: Concrete, Covered
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Washer, Vented Exhaust Fan, Range/Oven
  • Laundry: Community
Exterior Features
Exterior Features
  • Roof: Flat
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-17-2024
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,624.00
  • Unit Actual Rent: $1,624.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,078.00
  • Unit Actual Rent: $8,626.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 8
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,040,400.00
  • Assessed Improvement Percent: 60.42
  • Assessed Land Value: $681,462.00
  • Assessed Land Percent: 39.58
  • Assessed Total Value: $1,721,862.00

Property History for 3813 Baldwin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3813 Baldwin Street

Taxable ValueLand$681,462Additions$1,041,600Total$1,723,062
Tax Record2023$21,890 ($1,824 / month)
Home Facts
Total Finished SqFt6,986 SqFtAbove Grade Finished SqFt6,986 SqFtLot Size7,502 SqFtStyleMulti-Family Res (5+ Units)Year Built1975ZoningLAR3CountyLOS ANGELESAPN5211-012-014

Schools near 3813 Baldwin Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gates Street Elementary School
PublicK to 5

El Sereno Middle School
Public6 to 8

Woodrow Wilson Senior High School
Public9 to 12

Abraham Lincoln Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3813 Baldwin Street is a multi-family home for sale in Los Angeles, CA 90031. This property was listed for sale on April 17, 2024 by NAI Capital, Inc., it's currently listed at $1,800,000. It has been on the market for a total of 17 days and was last sold on October 20, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Gates Street Elementary School, El Sereno Middle School and Woodrow Wilson Senior High School. 3813 Baldwin Street is a 12-bed, 10-bath, 6,986 sqft multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAI Capital, Inc., Michael Dixon, DRE #01004121

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.