3019 Baldwin St - Apartments FOR SALE


Los Angeles, CA 90031- Lincoln Heights
$999,999 USD
818-381-6601
3019 Baldwin St, Los Angeles, CA for Sale
$999,999 USD
Apartments - FOR SALE
1/16
null | 3.24% Cap Rate

3019 Baldwin St
Los Angeles, CA 90031
Lincoln Heights


HIGHLIGHTS

  • Tremendous Rental Upside
  • Owner/User Potential
  • Historic Preservation Zoning
  • On-Site Parking With Storage
  • Nearby Shopping/Transit
  • Individually Metered For Gas & Electric

OVERVIEW

Welcome to 3019 Baldwin Street, a rare and exceptional multifamily offering in one of Los Angeles’ most dynamic and high-demand rental markets. Situated near Lincoln Park, this income-producing property presents the perfect blend of investor upside and owner/user potential, all within a historic preservation zone that adds charm and long-term value. With its outstanding location, versatile unit mix, and tremendous rental upside, this is a must-see opportunity for savvy investors and homeowners alike. This well-maintained property features a total of four units, including a standalone 2-bedroom, 1-bathroom house, two spacious 1-bedroom, 1-bathroom units, and a generous 3-bedroom, 2-bathroom unit in the rear. Each unit is individually metered for gas and electric, helping to streamline utility costs and maximize profitability. The layout is ideal for both generating passive income and providing an opportunity for an owner to live on-site while enjoying the benefits of rental income. Convenient on-site parking with additional storage adds immense value and tenant appeal, while the property’s proximity to key Los Angeles destinations ensures consistent rental demand. Located just minutes from the I-5, I-10, and 110 freeways, commuting is a breeze. Residents will appreciate the easy access to public transit, including the nearby Lincoln/Cypress Metro Light Rail Station. Shopping, dining, and everyday essentials are all within reach, including the Lincoln Park DMV and various neighborhood conveniences. Education and entertainment are also at your doorstep, with California State University, Los Angeles just a short distance away, and the iconic Dodger Stadium close enough to enjoy the energy of the city’s favorite team. The historic preservation zoning offers a unique sense of character while preserving the architectural integrity of this charming neighborhood. Don’t miss this rare opportunity to own a property with strong current income, tremendous growth potential, and exceptional versatility. Whether you’re an investor seeking a turnkey asset with upside or a buyer looking for a live/work rental strategy, 3019 Baldwin Street delivers both value and vision in the heart of Los Angeles. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

FOR SALE DETAILS

PRICE

$999,999 USD

PRICE/SF

$324 USD /SF

# OF UNITS

4

PRICE/UNIT

$250,000

CAP RATE

3.24%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1907

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,017 SF

ZONING

LARD3

APN/PARCEL ID

5210-020-024

ASK ABOUT THIS PROPERTY

James AntonucciAPLA GROUPMore Info
818-381-6601

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James AntonucciAPLA GROUPMore Info
818-381-6601

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.