NOT LISTED FOR SALE

215 S Baldwin Ave Arcadia, CA 91007

Estimated Value: $1,915,000 - $2,981,000

4 Beds
2 Baths
4,477 Sq Ft
$536/Sq Ft Est. Value

Last Sold April 19, 2018

Last sale price $1,838,000 $411 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $14,461/month

18 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Hugo Reid Elementary School Rated A+

About This Home

As of April 2018

This listing is for 4 large units across the street from the Santa Anita race tracks and mall. Three of the 4 units are occupied by siblings/owners and will rent back the close of escrow for $1700. Qualifies for single family financing, Arcadia schools, Upside potential, Single story units, Hardwood floors, Private patio with laundry hookups in each unit. Front unit is about 1,100 sq./ft. & the rest are 1,000 sq./ft..

Last Agent to Sell the Property

Matt Ly

Coldwell Banker Realty License #01441481 Listed on: 03/08/2018

Coldwell Banker Realty

Last Buyer's Agent

Payman Emamian

Compass License #01192633

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 4,477 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 129
  • Tax Tract Number 949
  • Assessor Parcel Number 5777026014

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $411
  • Fuel Expense $209
  • Insurance Expense $1,215
  • Maintenance Expense $4,000
  • Other Expense $800
  • Trash Expense $1,519
  • Water Sewer Expense $853
  • New Taxes Expense $22,438
  • Operating Expense $32,645
  • Gross Income $6,350
  • Net Operating Income $41,270

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0.28 Acres

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 853.00
  • Zoning: ARR1YY
  • Property Type: Residential Income
  • Parcel Number: 5777026014
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 410.54

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 1519.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 12288.00

Multi Family

  • Electric Expense: 411.00
  • Fuel Expense: 209.00
  • Gross Income: 6350.00
  • Gross Operating Income: 73914.00
  • Gross Scheduled Income: 76200.00
  • Insurance Expense: 1215.00
  • Maintenance Expense: 4000.00
  • Net Operating Income: 41270.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 32645.00
  • Other Expense: 800.00
  • Rent Control: No
  • Total Expenses: 32645.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 22438.00
  • Tax Census Tract: 4307.01
  • Tax Lot: 129
  • Tax Tract Number: 949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
Mar 23, 2018
Sold by
Yeung David Wing Tai and Yeung Lucy Bo Wo
Bought by
Summa Ratio Llc
Seller's Agent
Matt Ly
Coldwell Banker Realty
Buyer's Agent
Payman Emamian
Compass
List Price
$1,795,000
Sold Price
$1,838,000
Premium/Discount to List
$43,000
2.4%
Current Estimated Value
$2,400,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,095
Avg. Annual Appreciation
3.44%
Original Mortgage
$750,000
Outstanding Balance
$636,799
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,763,296

Purchase Details

Closed on
Feb 4, 2015
Sold by
Yeung Allen Wing Sui and Yeung Helen Ma
Bought by
Allen & Helen Ma Yeung Family Trust

Purchase Details

Closed on
Dec 2, 2005
Sold by
Yeung Bo Wei
Bought by
Yeung Bo Wei and Bo Wei Yeung 2005 Trust

Purchase Details

Closed on
Nov 19, 2005
Sold by
Yeung Allen and Yeung Helen
Bought by
Yeung Allen and Yeung Helen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Summa Ratio Llc $1,838,000 Fidelity Sherman Oaks
Allen & Helen Ma Yeung Family Trust -- None Available
Yeung Bo Wei -- --
Yeung Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summa Ratio Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2018 04/19/18 Sold $1,838,000 +2.4% $411 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $1,795,000 -- $401 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,673 $2,091,325 $1,255,022 $836,303
2024 $23,673 $2,050,319 $1,230,414 $819,905
2023 $23,182 $2,010,118 $1,206,289 $803,829
2022 $22,421 $1,970,705 $1,182,637 $788,068
2021 $22,006 $1,932,065 $1,159,449 $772,616
2019 $21,475 $1,874,760 $1,125,060 $749,700
2018 $10,149 $848,879 $485,076 $363,803
2016 $9,863 $815,918 $466,241 $349,677
2015 $9,692 $803,663 $459,238 $344,425
2014 $9,577 $787,922 $450,243 $337,679
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18044195

California Regional Multiple Listing Service (CRMLS)

APN: 5777-026-014

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