Description

The Baldwin Street Apartments are in a highly desirable location in Lincoln Park, providing easy access to the 5 Freeway and just a short 1015-minute drive to popular restaurants, shopping centers, and top-ranked medical educational institutions. Perfect for Investors or an Owner User, Baldwin Street is located in the heart of Lincoln Park, the property is near the University of Southern California Health Sciences Campus and Los Angeles County, and is conveniently positioned with just a short drive to Burbank, North Hollywood, and Glendale. Significant local landmarks within a 20-mile radius include Griffith Observatory, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more.Totaling 9 units, the Baldwin Street Apartments is a 2-story property built in 1975. A double lot situated on 7,502 square feet of land and a total building size of 6,986 square feet, the property features a unique unit mix of eight 1-bed, 1-bath units and one 4-bedroom, 2-bath unit. The units feature wall air conditioning and heating, ceiling fans, vertical blinds, and kitchens with quality appliances. There is a large amount of uncaptured potential revenue, almost 60% rental upside! Also an ability to add ADU's. Owner to verify all information above.