3212 Baldwin,Los Angeles, CA 90031
Los Angeles, CA 90031
Description
FIXER*** FIXER***FIXER***FIXER*** VIEWING SATURDAY AUGUST 8 11AM TO 11:30 AM Value-Add Fourplex on Large R3-1 Lot in Lincoln Heights Built in 1913, this charming two-story Craftsman-style property has been converted into four one-bedroom, one-bathroom units. Rich in character and architectural appeal, the building presents an exceptional opportunity for investors seeking a value-add asset. The property requires substantial rehabilitation, making it ideal for buyers looking to renovate and maximize its long-term potential. It is subject to Los Angeles rent control, with long-term tenants currently in place, providing stable occupancy while offering future upside. Situated on a generous R3-1 zoned lot, the property may offer the potential to add two ADUs or two additional dwelling units, subject to buyer verification and approval by the City of Los Angeles. Located in the highly desirable Lincoln Heights neighborhood, the property is just 10 minutes from Downtown Los Angeles and enjoys convenient access to major freeways, public transportation, shopping, dining, schools, parks, and other neighborhood amenities. The area is well established and continues to benefit from ongoing investment and redevelopment, making this an attractive opportunity for investors with a vision. Property Highlights: Built in 1913 Two-story Craftsman-style building Four 1-bedroom, 1-bathroom units Significant rehabilitation needed Subject to Los Angeles Rent Stabilization Ordinance (rent control) Long-term tenant occupancy Large R3-1 zoned lot with potential for additional development (buyer to verify) Possible opportunity for two ADUs or two additional units Prime Lincoln Heights location Approximately 10 minutes to Downtown Los Angeles Close to public transportation, shopping, restaurants, schools, parks, and major commuter routes This is a rare opportunity to acquire a classic Los Angeles income property with renovation and development potential in one of the city's historic and evolving neighborhoods. Buyer is advised to independently verify all zoning, development potential, and applicable regulations with the City of Los Angeles.
Details
| MLS # | MB26161097 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1913 |
| Days On Site | 27 |
| Listing Provided By | CENTURY 21 REALTY MASTERS | FELIPE ACUNA |
Features
| SQ Feet | 3,900 |
|---|---|
| Garage | 4 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | R3-1 |
| Acreage | 0.20 |
| Property View | None |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | High Ceilings, Multiple Staircases, Wood Product Walls |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Back Yard, Front Yard, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level, Walkstreet, Yard |
|---|
Parking
| Parking Features | Assigned, Detached Carport, Driveway Level, Door Single, Driveway, Garage Faces Front, Garage |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Fishing, Lake, Sidewalks, Urban, Park |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90031 |
| Area | 677 Lincoln Hts |
| Listing VS Median (in 90031) | |
Price: $750,000 low | high Med: $1,380,000 sqft: 3,900 low | high Med: 3,706 $ / sqft: $192 low | high Med: $372 On site: 27 low | high Med: 431 | |
Market Activity 90031
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90031 |
| Area | 677 Lincoln Hts |
| Listing VS Median (in 90031) | |
Price: $750,000 low | high Med: $1,380,000 sqft: 3,900 low | high Med: 3,706 $ / sqft: $192 low | high Med: $372 On site: 27 low | high Med: 431 | |
 | $1,175,0003319 DarwinLos Angeles, CA 90031 |
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