About 309 S Baldwin Ave
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
Features of 309 S Baldwin Ave
| MLS® # | 23-314203 |
|---|---|
| Price | $3,750,000 |
| Units | 8 |
| Bedrooms | 12 |
| Bathrooms | 8.00 |
| Square Footage | 7,432 |
| Acres | 0.51 |
| Year Built | 1956 |
| Type | Residential Income |
| Sub-Type | Apartment Building |
| Status | Active |
Community Information
| Address | 309 S Baldwin Ave |
|---|---|
| Area | Arcadia |
| City | ARCADIA |
| County | Los Angeles |
| State | CA |
| Zip Code | 91007 |
Amenities
| Parking Spaces | 14 |
|---|---|
| # of Garages | 8 |
| Garages | Garage - 1 Car, Uncovered |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Hardwood |
|---|---|
| Appliances | Range |
| Heating | Central |
| Cooling | Central |
| Fireplace | Yes |
| Fireplaces | Living Room |
| # of Stories | 1 |
| Has Basement | No |
Exterior
| Exterior | Stucco, Frame |
|---|---|
| Construction | Stucco, Frame |
School Information
| District | Arcadia |
|---|---|
| Elementary | Hugo Reid Elementary Scho |
| Middle | Foothill Middle School |
| High | Arcadia High School |
Additional Information
| Date Listed | September 22nd, 2023 |
|---|---|
| Days on Market | 238 |
| Zoning | R3-R |
| Foreclosure | No |
| RE / Bank Owned | No |
| Gross Operating Income | $196,192 |
| Net Operating Income | $123,654 |
Unit 1 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $6,530 |
Unit 2 Details
| Beds | 2 |
|---|---|
| Baths | 1.00 |
| Rent | $9,950 |
Listing Details
| Agent | Priscilla Nee (01435254) |
|---|---|
| Office | CB Richard Ellis, Inc. |