$1699999 Price Analysis   ♡   Los Angeles, CA 90031 12 bed 10 bath 6986 SqFt ($243/SqFt) 7504SqFt lot. Built 1975 Listed 2024-04-17, Taxes $20901 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
The Baldwin Street Apartments are in a highly desirable location in Lincoln Park
Providing easy access to the 5 freeway and is a a short 10-15-minute drive to populr 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 a short drive to Burbank, North Hollywood and Glendale. Significant local landmarks within a 20-mile radius include: Griffith Observatory, Hollywood W alk 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 and 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 at
NAI Capital, Inc.
Property MLS #24-381279 from TheMLSCLAW
Full Bathrooms: 10
Laundry Features: Community
Heating Features: Wall
Garage Description: Driveway - Concrete, Covered Parking
Parking Total: 12
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7504
Calculated Total Monthly Association Fees: 0
Number of Units: 9
Unit Features: 1 BedsTotal: 4, 1 BathsTotal: 2, 1 SquareFeet: 4000, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2000
County: Los Angeles
Cap Rate: 4.1
Directions: North on Mission Blvd. Left on Baldwin
Source Property Type: Residential Income
Area: Lincoln Heights
Source Neighborhood: Lincoln Heights
Parcel Number: 5211-012-014
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1020000 + $668100 $1688100 | $20901 |
| 2021 | $1000000 + $655000 $1655000 | $20623 |
| 2020 | $273636 + $23677 $297313 | $4744 |
| 2019 | $268271 + $23213 $291484 | $4599 |
| 2018 | $263011 + $22758 $285769 | $4505 |
| 2017 | $257854 + $22312 $280166 | $4380 |
| 2016 | $252799 + $21875 $274674 | $4207 |
| 2015 | $249002 + $21547 $270549 | $4158 |
| 2014 | $244125 + $21125 $265250 | $4232 |
| 2013 | $243022 + $21030 $264052 | $4223 |
| 2012 | $238257 + $20618 $258875 | $4275 |
| 2010 | $233586 + $20214 $253800 | $4138 |
| 2009 | $232392 + $20111 $252503 | $4001 |
| 2009 | $231841 + $20063 $251904 | $4001 |
| 2008 | $227836 + $19717 $247553 | $3866 |
| 2007 | $223369 + $19331 $242700 | $3722 |
$1699999
TheMLSCLAW
Listed 2024-04-17
$1800000
TheMLSCLAW
Listing removed 2024-01-02
$0
CRMLS
Price Changed 2023-10-18
$1750000
CRMLS
Listed 2023-06-21
$1980000
CRMLS
Sold 2020-10-30
$1655000
CRMLS
Listing removed 2018-10-19
$825000
CRISNET
Sold 1977-02-17
$138000
Public Record
Year Built: 1975
Building Exterior Type: Stucco
Direction Faces: South
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 49
Roof: Flat
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
Security Features: Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Window Bars
Map directions Map directions Map directions Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.