3020 Baldwin Street, Los Angeles, California 90031, Los Angeles, 90031 - bed, bath
ACTIVE$1,999,999$4,918/sqft
3020 Baldwin Street, Los Angeles, California 90031
0Bed
0Bath
4,918Sqft
9,036Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Income-Generating Potential: This renovated quadplex, augmented by a permitted ADU, offers a total of five distinct units, explicitly positioned as an ideal investment opportunity for rental income in a high-demand area.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4918, other record living area = 3982.
Compared to the nearby listings
Price:$2.00M vs avg $1.07M (+$924,999)92%
Size:4,918 sqft vs avg 2,476 sqft92%
Price/sqft:$407 vs avg $40354%
More Insights
Built in 1897 (129 years old).
Condition: This multi-unit property presents a mixed but generally good condition. The recently converted ADU features an excellent, modern kitchen with grey shaker cabinets, quartz countertops, stainless steel appliances, and a fully renovated bathroom with contemporary finishes. The other units, including the renovated 1897 front building and the 1999 back building, are clean, well-maintained, and move-in ready. While some kitchens and bathrooms in these units show dated styles (e.g., older wood cabinets, traditional tile, and fixtures), they are functional and do not require immediate renovation. Living areas in these units have updated flooring (hardwood or laminate) and fresh paint. The overall property is in a state of good repair, with some components recently updated and others well-maintained within their expected lifespan.
Year Built
1897
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$407
HOA
-
Days on market
-
Sold On
-
MLS number
AR26008073
Home ConditionGood
Features
Deck
Patio
ViewNeighborhood
About this home
Renovated quadplex in Lincoln Heights boasts 4,918 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 three (3) units, 2 units with 3 bedrooms and 2 bathrooms. The garage recently converted into an ADU, with 2 bedrooms, 2 bathrooms spread across 936 sqft with permitted. Totaling 12 bedrooms and 8.5 bathrooms. 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!
A
Anita Wong
Listing Agent
Nearby schools
4/10
Griffin Avenue Elementary School
Public,•K-5•0.2mi
4/10
Gates Street Elementary School
Public,•K-5•0.3mi
3/10
Albion Street Elementary School
Public,•K-6•0.7mi
6/10
Multnomah Street Elementary School
Public,•K-5•1.0mi
2/10
Murchison Street Elementary School
Public,•K-6•1.1mi
2/10
Hillside Elementary School
Public,•K-5•1.1mi
4/10
Loreto Street Elementary School
Public,•K-5•1.2mi
3/10
Ann Street Elementary School
Public,•K-6•1.2mi
4/10
Bridge Street Elementary School
Public,•K-5•1.3mi
4/10
Huntington Drive Elementary School
Public,•K-6•1.4mi
5/10
Glen Alta Elementary School
Public,•K-8•1.2mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.3mi
5/10
El Sereno Middle School
Public,•6-8•1.9mi
6/10
Hollenbeck Middle School
Public,•6-8•2.3mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•0.4mi
4/10
Woodrow Wilson Senior High School
Public,•9-12•1.3mi
3/10
Theodore Roosevelt Senior High
Public,•9-12•2.1mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.3mi
Condition Rating
Good
This multi-unit property presents a mixed but generally good condition. The recently converted ADU features an excellent, modern kitchen with grey shaker cabinets, quartz countertops, stainless steel appliances, and a fully renovated bathroom with contemporary finishes. The other units, including the renovated 1897 front building and the 1999 back building, are clean, well-maintained, and move-in ready. While some kitchens and bathrooms in these units show dated styles (e.g., older wood cabinets, traditional tile, and fixtures), they are functional and do not require immediate renovation. Living areas in these units have updated flooring (hardwood or laminate) and fresh paint. The overall property is in a state of good repair, with some components recently updated and others well-maintained within their expected lifespan.
Pros & Cons
Pros
Exceptional Income-Generating Potential: This renovated quadplex, augmented by a permitted ADU, offers a total of five distinct units, explicitly positioned as an ideal investment opportunity for rental income in a high-demand area.
Strategic & High-Demand Location: Strategically situated in Lincoln Heights, the property boasts easy access to major employment and cultural hubs including Keck USC, the Arts District, Downtown LA, and Pasadena, ensuring strong tenant demand.
Diverse Property Composition: The property features a blend of historic charm from a meticulously maintained 1897 front building (renovated) and modern appeal from a newer back building (1999) with three units, plus a recently converted, permitted ADU.
Generous Lot Size: A substantial 9,036 sqft lot provides ample space for the multiple structures, offering potential for outdoor amenities, privacy, or future value appreciation in a dense urban environment.
Significant Unit Count & Configuration: With a total of 12 bedrooms and 8.5 bathrooms spread across five units, the property offers substantial rental capacity and flexibility to cater to various tenant needs and market demands.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4918, other record living area = 3982.
Age of Original Structure: The front building dates back to 1897. While renovated and maintained, its historic nature may entail higher ongoing maintenance costs, potential for unforeseen issues, or specific insurance/financing considerations compared to newer constructions.
Potential Parking Constraints: With five residential units on the property, the listing does not specify adequate dedicated parking for all tenants, which could be a significant challenge and drawback in a dense urban area like Los Angeles.
Unspecified Utility Separation: The property description does not clarify whether each of the five units has separate utility meters, which is a critical factor for efficient expense management and tenant responsibility in an income-generating property.