NOT LISTED FOR SALE

511 S Baldwin Ave Arcadia, CA 91007

-- Bed
-- Bath
8,121 Sq Ft
0.5 Acres

Last Sold August 28, 2017

Last sale price $3,700,000 $456 Per Sq Ft

33 Days on Market

Highlights

  • 21,975 Sq Ft lot
  • 12 Car Garage
  • 1-Story Property
  • Hugo Reid Elementary School Rated A+

About This Home

As of August 2017

CBRE is proud to exclusively present 511-515 South Baldwin Avenue, located one block north of Huntington Drive, in the city of Arcadia. 511-515 South Baldwin Avenue offers an investor the unique opportunity to own an excellent piece of real estate in one of the healthiest and most attractive rental submarkets within the West San Gabriel Valley.511-515 South Baldwin Avenue is a single-story 12 unit property that was constructed in 1953 on an oversized 21,975 square foot R3-R lot, with a total living area of 8,121 square feet. The charming, nicely landscaped property is serviced by dual driveways, providing convenient ingress and egress, is separately metered for gas and electric, and has an on-site laundry facility. Parking is favorable as each unit is provided with either one carport or garage parking space. The garage spaces are allocated to the two rear duplex-like units and the carport spaces have storage bins.

Last Agent to Sell the Property

Priscilla Nee

CB Richard Ellis, Inc. License #01435254 Listed on: 07/14/2017

Last Buyer's Agent

Amardeep Gill

Fidelity Brokers License #01249466

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.5 Acre Lot

Interior Spaces

  • 8,121 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Parking

  • 12 Car Garage
  • Carport

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 5777-027-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 8121
  • Stories: 1
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Range/Oven
  • Price Per S Q F T: 455.61

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport, Garage
  • Total Parking: 12

Utilities

  • Cooling: Wall Unit(s)
  • Electric Expense: 529.00
  • Heating: Wall
  • Water Expense: 2571.00

Fee Information

  • Gas Expense: 364.00
  • Insurance Expense: 3565.00
  • Maintenance Expense: 7200.00
  • Management Expense: 7304.00
  • Other Expense: 2400.00
  • Trash Expense: 3132.00

Lot Info

  • Assessor Parcel Number: 5777-027-022
  • Geocode Override: No
  • Lot Size Area: 21975

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 24.72
  • Number Of Units: 12
  • Type Of Units: MF

Tax Info

  • Tax Expense: 42991.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2017 08/28/17 Sold $3,700,000 0.0% $456 / Sq Ft
07/14/2017 07/14/17 For Sale $3,700,000 -- $456 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Priscilla Nee

    Seller's Agent in 2017

    Priscilla Nee

    CB Richard Ellis, Inc.

    (310) 550-2500

    4 in this area

    31 Total Sales

    Priscilla Nee
    Section Image

  • A

    Buyer's Agent in 2017

    Amardeep Gill

    Fidelity Brokers

  • E

    Buyer's Agent in 2017

    ERIC CHEN

See All Agents

Map

Source: The MLS

MLS Number: 17-251270

The MLS

APN: 5777-027-022

California Los Angeles County Arcadia 91007

511 S Baldwin Ave, Arcadia, CA

Not Listed for Sale

MultiFamily

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