309 S Baldwin AVE #A, Arcadia, CA 91007
$3,100,000
$3,100,000
Est.Price: ?

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0.51 Acres Lot

309 S Baldwin AVE #A Arcadia, CA 91007

Est. payment /mo
SOLD DATE : 12/30/2024

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Key Details

Sold Price $3,100,000

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW24244951

Sold Date 12/30/24

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1956

Lot Size 0.505 Acres

Property Sub-Type Mixed Use

Property Description

Prime Investment Opportunity: 8-Unit Building in Arcadia

Presenting a rare investment opportunity in the heart of Arcadia, this well-maintained 8-unit building is ideally located directly across from the highly sought-after Shops at Santa Anita, offering unmatched convenience and potential for strong rental demand. With a mix of spacious units, this property provides a steady income stream in one of the most desirable areas of the San Gabriel Valley.

4 x 2-Bedroom, 1-Bath Units – Each unit offers ample living space with comfortable bedrooms and well-appointed bathrooms, perfect for families or professionals.
4 x 1-Bedroom, 1-Bath Units – These units provide a cozy living environment with excellent amenities.

Prime Location – Situated just across the street from the upscale Shops at Santa Anita, tenants enjoy easy access to shopping, dining, entertainment, and public transportation, as well as proximity to major freeways and highly rated schools.
Strong Rental Potential – The desirable Arcadia location, combined with the property's well-maintained condition, ensures ongoing tenant interest and a reliable rental income.
Parking – Ample on-site parking for tenants, providing added convenience in this busy neighborhood.
Investment-Grade Property –
With its strategic location and versatile unit mix, this property offers both immediate cash flow and long-term growth potential. Don't miss out on the chance to secure this incredible investment in Arcadia.

Location

State CA

County Los Angeles

Area 605 - Arcadia

Zoning ARR1YY

Interior

Interior Features All Bedrooms Down

Heating Central

Cooling Central Air

Flooring Carpet, Wood

Fireplaces Type Living Room

Fireplace Yes

Laundry Common Area

Exterior

Parking Features Assigned, Garage

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Suburban, Sidewalks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 20

Private Pool No

Building

Lot Description 16-20 Units/Acre, Landscaped

Story 1

Sewer Public Sewer

Water Public

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5777026018

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, 1031 Exchange, Submit

Listing Terms Cash, 1031 Exchange, Submit

Financing Cash

Special Listing Condition Standard, Trust

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Listed by Tony Regazzi Keller Williams Rlty Whittier 714-864-8609, DRE #01003071
Bought with Tony Regazzi Keller Williams Rlty Whittier
Jessica Lam

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