NOT LISTED FOR SALE

303 S Baldwin Ave Arcadia, CA 91007

10 Beds
10 Baths
6,998 Sq Ft
0.51 Acres

Last Sold March 07, 2014

Last sale price $2,300,000 $329 Per Sq Ft

8 Days on Market

Highlights

  • Private Pool
  • 0.51 Acre Lot
  • No HOA
  • Hugo Reid Elementary School Rated A+
  • Mountain View
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2014

Prime10 unit apartment building on Baldwin Ave!. The address of property is 303 & 305. The complex has 2 main buildings each with 5 units for a total of 10 apartment units which inclue 6 one bedroom one bath, 2 studios and 2 two bedroom one bath units. Each unit has an enclosed patio area and there is pool in the courtyard for tenants use. The carport in the back of the complex includes a laundry room with owner owned coin operated washers and dryers. Please do not disturb tenants and do not walk on the property.

Last Agent to Sell the Property

Kris Mathison

K&M Realty License #01444096 Listed on: 01/06/2014

K&M Realty

Last Buyer's Agent

Luther Tsinoglou

Compass License #01135433

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.51 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 6,998 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Parking

  • 11 Parking Spaces
  • 11 Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 129
  • Tax Tract Number 949
  • Assessor Parcel Number 5777026017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 10 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Building Details

  • 10 Leased Units
  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,344
  • Gardener Expense $2,400
  • Insurance Expense $2,802
  • Pest Control $576
  • Pool Expense $1,020
  • Trash Expense $3,048
  • Water Sewer Expense $3,252
  • New Taxes Expense $27,600
  • Gross Income $10,420
  • Net Operating Income $87,746

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 3252.00
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 5777026017
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 328.67

Exterior Features

  • View: Mountain(s)
  • Pool Expense: 1020.00
  • Pool Features: Community
  • Pool Private: Yes
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 11.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 576.00
  • Trash Expense: 3048.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 22007.00
  • Lot Size Acres: 0.5050

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 700
  • Electric Expense: 1344.00
  • Gross Income: 10420.00
  • Gross Scheduled Income: 125040.00
  • Insurance Expense: 2802.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 22007.0000 Square Feet
  • Net Operating Income: 87746.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Number With Range: 10
  • Operating Expense: 37294.00
  • Rent Control: No
  • Total Actual Rent: 10420.00

Tax Info

  • New Taxes Expense: 27600.00
  • Tax Lot: 129
  • Tax Tract Number: 949
  • Tax Year: 2012

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2014 03/07/14 Sold $2,300,000 0.0% $329 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $2,300,000 -- $329 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14003364

California Regional Multiple Listing Service (CRMLS)