309-311 Baldwin Ave, Arcadia, CA 91007

8 Unit Apartment Building | $3,750,000 ($468,750/Unit) | Arcadia, CA 91007

Asking Price $3,750,000

Property Type
Multifamily
Square Feet
7,432 SF

Listing Contacts

Priscilla Nee

Property Overview

Comprised of two buildings built-in 1956 on an oversized ±21,996 square foot R3-R lot, 309-311 South Baldwin Avenue is a single-story, eight-unit multifamily property with a total living area of ±7,432 square feet. Spotted by a signature wishing well, and easily recognizable by residents and fellow investors in the area as a Karyn Jackson building, the meticulously maintained property is separately metered for gas and electric, and offers an on-site laundry facility and three large storage rooms. Parking is in the rear of the property with eight garages with storage bins and a minimum of six open spaces. 309-311 South Baldwin Avenue boasts an excellent unit mix with four one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. The units are charming and spacious, with central air & heat, ample closet space, and private patios. Several units have been fully renovated, three units have fireplaces (309A, 309D & 311A), and all units have hardwood floors. PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS

Property Details

Class
C
Year Built
1956
Stories
1
Lot Size (sq. ft)
21,780 SF
Units
8

Highlights

  • Exceptional Arcadia Location
  • Across from Westfield Santa Anita Shopping Center (Over ±1.3M SF of Retail) 
  • Excellent Unit Mix of Four (1B+1B's) and Four (2B+1B's) Units 
  • Several Units have been Fully Renovated 
  • Single Story Units, One Site Laundry Facility, Private Patios, Dual Entrances, Original Hardwood Flooring, and Fireplaces in Select Units 
  • All Schools National Blue Ribbon or CA Distinguished

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