Arcadia, CA 91780,5741 5749 Baldwin AVE
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Arcadia, CA 91780,5741 5749 Baldwin AVE
Arcadia, CA 91780,5741 5749 Baldwin AVE
Arcadia, CA 91780,5741 5749 Baldwin AVE
Arcadia, CA 91780,5741 5749 Baldwin AVE

$2,775,000

Est. payment /mo

$2,695,000

3.0%
Est.Price: ?

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5741 5749 Baldwin AVE Arcadia, CA 91780

0.41 Acres Lot

SOLD DATE : 01/14/2022

Key Details

Sold Price $2,775,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC21256076

Sold Date 01/14/22

HOA Y/N No

Year Built 1948

Lot Size 0.406 Acres

Property Description

5741 - 5749 Baldwin Avenue is an 8-unit multifamily investment property located in Arcadia, a premier rental market in Los Angeles County, California. 5741 - 5749 Baldwin Avenue consists of two, single-story fourplexes on contiguous parcels. The property offers 100 percent one-bedroom units and amenities including security doors, a central courtyard, garage parking, and in-unit laundry hookups. Current ownership has invested significant capital in property improvements including a full roof replacement and renovations such as new carpeting, laminate wood flooring, and quartz countertops to select units. Through continued renovations, new ownership could increase rental income by more than 60 percent. 5741 - 5749 Baldwin Avenue is well positioned moments away from the intersection of Baldwin Avenue and Las Tunas Drive, two principal retail and transportation thoroughfares for the region. This excellent location places residents nearly equidistant to major retail centers such as Westfield Santa Anita to the north and Santa Fe Trail Plaza to the south. Additionally, the property is just over one mile from Rosemead Boulevard, an arterial highway that connects Interstate 10 to Interstate 210, providing residents with multiple commute options to regional employment hubs throughout Los Angeles County.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning ARR3YY

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Lawn, Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 8587034009

Energy Description 1434.0

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tyler Leeson • Marcus & Millichap RE Invest
Bought with Tyler Leeson • Marcus & Millichap RE Invest
agent

Jacqueline Screeton

Agent | License ID: 01858560

+1(949) 395-4732

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