NOT LISTED FOR SALE

425 S Baldwin Ave Arcadia, CA 91007

3 Beds
2 Baths
3,721 Sq Ft
0.25 Acres

Last Sold October 08, 2019

Last sale price $1,960,000 $527 Per Sq Ft

150 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Landscaped
  • Hugo Reid Elementary School Rated A+

About This Home

As of October 2019

425 South Baldwin Avenue is a 5-unit multifamily investment property located in Arcadia, CA. 425 South Baldwin Avenue’s strategic location in close proximity to Westfield Santa Anita, Santa Anita Race Track, and the shops along South Baldwin Avenue provides residents with convenient access to major retailers, grocers, dining, and entertainment options. The property is also just over one mile from Interstate 210 attracting a wide variety of renters looking for easy commutes to employment hubs in surrounding cities. Situated on a 0.25-acre lot, the 3,721 square foot property offers one- and two-bedroom units as well as carport parking and on-site laundry. Three of five units have been renovated with new paint, drywall in the kitchens, countertops, sinks and fixtures, lighting, ceiling fans, and fully equipped kitchen. Unit A also features new recessed lighting and new luxury vinyl flooring throughout.

Last Agent to Sell the Property

Johnny Chang

Johnny Chang Broker License #01961748 Listed on: 05/06/2019

Last Buyer's Agent

Johnny Chang

Johnny Chang Broker License #01961748 Listed on: 05/06/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.25 Acre Lot
  • No Common Walls
  • Landscaped

Home Design

  • 3,721 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 949
  • Assessor Parcel Number 5777027024

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 1 Separate Water Meter
  • Electric Expense $1,472
  • Fuel Expense $1,472
  • Insurance Expense $1,908
  • Maintenance Expense $3,000
  • Other Expense $2,700
  • Trash Expense $1,472
  • Water Sewer Expense $1,472
  • New Taxes Expense $24,307
  • Operating Expense $37,803
  • Gross Income $85,250
  • Net Operating Income $44,909

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1472.00
  • Zoning: ARR1*
  • Property Type: Residential Income
  • Parcel Number: 5777027024
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 526.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1472.00
  • 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: Landscaped
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Multi Family

  • Electric Expense: 1472.00
  • Fuel Expense: 1472.00
  • Gross Income: 85250.00
  • Gross Operating Income: 82712.00
  • Gross Scheduled Income: 85250.00
  • Insurance Expense: 1908.00
  • Lot Size Area: 0.2500 Acres
  • Maintenance Expense: 3000.00
  • Net Operating Income: 44909.00
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 37803.00
  • Other Expense: 2700.00
  • Rent Control: No
  • Total Actual Rent: 7050.00
  • Total Expenses: 37803.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 24307.00
  • Tax Census Tract: 4307.01
  • Tax Lot: 6
  • Tax Tract Number: 949

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
10/08/2019 10/08/19 Sold $1,960,000 -7.8% $527 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $2,125,000 -- $571 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $24,601 $2,143,541 $1,500,480 $643,061
2024 $24,601 $2,101,511 $1,471,059 $630,452
2023 $24,096 $2,060,306 $1,442,215 $618,091
2022 $23,314 $2,019,909 $1,413,937 $605,972
2021 $22,892 $1,980,304 $1,386,213 $594,091
2019 $3,318 $143,444 $58,436 $85,008
2018 $3,058 $140,637 $57,291 $83,346
2016 $2,850 $134,985 $55,067 $79,918
2015 $2,808 $132,958 $54,240 $78,718
2014 $2,811 $130,355 $53,178 $77,177
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19104112

California Regional Multiple Listing Service (CRMLS)