3212 Baldwin Los Angeles, CA 90031
8,672 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID MB26161097
Construction Status Fixer
HOA Y/N No
Year Built 1913
Lot Size 8,672 Sqft
Property Sub-Type Quadruplex
Property Description
Built in 1930, this charming two-story Craftsman-style property has been converted into four one-bedroom, one-bathroom units. Rich in character and architectural appeal, the building presents an exceptional opportunity for investors seeking a value-add asset.
The property requires substantial rehabilitation, making it ideal for buyers looking to renovate and maximize its long-term potential. It is subject to Los Angeles rent control, with long-term tenants currently in place, providing stable occupancy while offering future upside.
Situated on a generous R3-1 zoned lot, the property may offer the potential to add two ADUs or two additional dwelling units, subject to buyer verification and approval by the City of Los Angeles.
Located in the highly desirable Lincoln Heights neighborhood, the property is just 10 minutes from Downtown Los Angeles and enjoys convenient access to major freeways, public transportation, shopping, dining, schools, parks, and other neighborhood amenities. The area is well established and continues to benefit from ongoing investment and redevelopment, making this an attractive opportunity for investors with a vision.
Property Highlights:
Built in 1930
Two-story Craftsman-style building
Four 1-bedroom, 1-bathroom units
Significant rehabilitation needed
Subject to Los Angeles Rent Stabilization Ordinance (rent control)
Long-term tenant occupancy
Large R3-1 zoned lot with potential for additional development (buyer to verify)
Possible opportunity for two ADUs or two additional units
Prime Lincoln Heights location
Approximately 10 minutes to Downtown Los Angeles
Close to public transportation, shopping, restaurants, schools, parks, and major commuter routes
This is a rare opportunity to acquire a classic Los Angeles income property with renovation and development potential in one of the city's historic and evolving neighborhoods. Buyer is advised to independently verify all zoning, development potential, and applicable regulations with the City of Los Angeles.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Zoning R3-1
Interior
Interior Features High Ceilings, Multiple Staircases, Wood Product Walls
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Assigned, Detached Carport, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Fishing, Lake, Sidewalks, Urban, Park
View Y/N No
View None
Accessibility Parking
Total Parking Spaces 8
Private Pool No
Building
Lot Description Back Yard, Front Yard, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level, Walkstreet, Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Level or Stories Two
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 5210031019
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Special Listing Condition Standard
