$999,999

Estimated payment $6,269/month

Total Views 1,565
7 Beds
5 Baths
3,084 Sq Ft
$324 Price per Sq Ft

Highlights

  • Front Porch
  • ADA Compliant
  • Historic Home
  • Abraham Lincoln High School Rated A
  • Satellite Dish

About This Home

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.

Listing Agent

Mike Pesci

Keller Williams Studio City License #01274379 Listed on: 07/17/2025

Keller Williams Studio City

Co-Listing Agent

James Antonucci

Keller Williams Realty-Studio City License #01822661

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,950

Year Built

  • Built in 1907

Lot Details

  • 9,020 Sq Ft Lot
  • Historic Home

Interior Spaces

  • 3,084 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Satellite Dish

Additional Features

  • ADA Compliant
  • Front Porch
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 5210-020-024

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Vacancy Allowance $1,877

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,950

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Please contact Listing Agent 1 - Mike Pesci 213-820-1335 Cell Mike@aplagroup.com
  • Building Permit: Yes
  • Living Area: 3084
  • Lot Acreage: 0.2071
  • Probate: No
  • Property Condition: No Additions/Alter
  • Stories: 2
  • Year Built: 1907
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Common Walls: Attached
  • Total Bathrooms: 5.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 324.25

Exterior Features

  • Other Features: Historical
  • Other Structures: None
  • Patio: Porch - Front
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • TV Svcs: Tv Satellite Dish
  • Cooling: Window Unit(s)
  • Heating: Wall Gas
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 29.71
  • Assessed Improvement Value: 206002
  • Assessed Land Percent: 70.29
  • Assessed Land Value: 487443
  • Total Assessed Value: 693445
  • Assessor Parcel Number: 5210-020-024
  • Lot Description: 2-4 Lots
  • Lot Location: City
  • Lot Size Area: 9020

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.99
  • Gross Scheduled Income: 62555.00
  • Number Of Units: 4
  • Total Annual Expense: 28256
  • Type Of Units: 1's, 2, & 3
  • Vacancy Allow: 1877
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $8,950 $707,313 $497,191 $210,122
2024 $8,950 $693,445 $487,443 $206,002
2023 $8,784 $679,849 $477,886 $201,963
2022 $8,391 $666,519 $468,516 $198,003
2021 $8,279 $653,451 $459,330 $194,121
2020 $8,357 $646,752 $454,621 $192,131
2019 $8,041 $634,071 $445,707 $188,364
2018 $7,886 $621,639 $436,968 $184,671
2016 $6,813 $540,000 $420,000 $120,000
2015 $6,814 $540,000 $420,000 $120,000
2014 $6,311 $486,000 $378,000 $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $999,999 +67.4% $324 / Sq Ft
02/09/2016 02/09/16 Sold $597,500 -2.8% $194 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $615,000 -- $199 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $597,500 Fidelity National Title Co
Grant Deed $640,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $562,200 New Conventional
Closed $556,000 New Conventional
Closed $438,900 New Conventional
Closed $418,250 New Conventional
Previous Owner $512,000 Purchase Money Mortgage
Source: Public Records

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Source: The MLS

MLS Number: 25566657

The MLS

APN: 5210-020-024