3020 Baldwin Street Los Angeles, CA ^$ 1,999,999

3020 Baldwin Street

^$ 1,999,999

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3020 Baldwin Street

Los Angeles, CA, 90031

^$ 1,999,999

Bedrooms10 Baths5.1 Sq 3,982

Monthly Estimate*

^$ 13,971

Listed by Re/Max Premier Prop Arcadia

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Multi-Family Home for sale in Los Angeles, CA

for $1,999,999 with 10 bedrooms and 5 full baths, 1 half bath. This 3,982 square foot home was built in 1897 on a lot size of 0.2074.

Renovated triplex in Lincoln Heights boasts 3,982 sqft on a generous 9,036 sqft lot. The front building, a two-story structure from 1897, exudes charm and is meticulously maintained. Offering 4 bright and spacious bedrooms with 2 bathrooms, including 2 upstairs bedrooms with walk-in closets, it features an open kitchen and spacious dining area. Additionally, a newer back building constructed in 1999 comprises two units, each with 3 bedrooms and 2 bathrooms, totaling 10 bedrooms and 6.5 bathrooms. The garage is currently undergoing conversion into an ADU, with plans approved by the city for 2 bedrooms, 2 bathrooms, and laundry facilities spread across 936 sqft. Strategically situated in Lincoln Heights, it provides easy access to Keck USC, the Arts District, Downtown LA, and Pasadena, making it an ideal investment opportunity for homeowners seeking rental income. High rental demand area and great opportunity for investors. Don't let this opportunity pass you by!

Multi-Family Active

Price

^$ 1,999,999

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Triplex

Lot Size

0.2074

Year Built

1897

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

AR24064592

Days on Market

Features

General

Interior Features MultipleStaircases

Sewer PublicSewer

Heating Central

Cooling CentralAir WallWindowUnits

Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterAvailable

Possession CloseOfEscrow SeeRemarks

Roof Shingle

Appliances GasRange

Zoning LARD3

HOA 0.0

Garage Spaces 0.0

Pool Features None

Security Features CarbonMonoxideDetectors GatedCommunity SmokeDetectors WindowBars

Year Built 1897

Tenant Pays AllUtilities Electricity Gas TrashCollection Water

View Neighborhood

Levels MultiSplit

Property SubType Triplex

Gross Income 92700.0

Community Features Sidewalks Gated

County Los Angeles

Net Operating Income 96200.0

Operating Expense 1000.0

Insurance Expense 3500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Option one: $1 999 999.00 (cash offer only) without completion of the ADU. Option two: Selling price will be $2 199 999 if the closing day after the completion of the ADU

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions South of Broadway and East of Griffin Ave

City Los Angeles

Entry Location 1

View Y/N Y

Senior Community Y/N N

Open Parking Spaces 8.0

Total Units 3

MLS Area 677 - Lincoln Hts

Lot Size Square Feet 9036.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Baldwin

Listing Terms Cash

Spa Features None

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Current Financing Conventional

Trash Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 5

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 3

Property Sub Type Additional Triplex

Interior

Flooring Laminate Tile Vinyl

Fireplace Features None

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features CommonArea InKitchen

Entry Level 1

Electric On Property Y/N N

Exterior

Lot Features Level

Water Source Public

Total Parking 8.0

Lot Size Area 9036.0

Number of Buildings 2

Spa N

Building Area Total 3982.0

Lot Size Acres 0.2074

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 3

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 3020

* Excluded Features

List By

Re/Max Premier Prop Arcadia

Broker

(626) 229-2200

Phone

Affordability Calculator

$13,971

Per Month

Monthly Principal & Interest: $13,971
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,031,098

Percent of Sale Price 2%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/3/2024	$1,999,999		Listed Price

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3020 Baldwin Street, Los Angeles, CA, 90031 is a Multi-Family Home for sale at $1,999,999 with 3,982 sqft and a lot size of 0.2074. 3020 Baldwin Street has 10 bedrooms, 5.1 baths, and was built in 1897. The property's zip code is 90031 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/2024. 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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3020 Baldwin Street

Multi-Family Home for sale in Los Angeles, CA

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