Value-Add Fourplex With
For Sale
$750,000
3212 Baldwin, Los Angeles, CA 90031
Two-story Craftsman fourplex with four one-bedroom units, requiring substantial rehabilitation on a large R3-1 lot.
Property Size3,900 SF
Days on Market48
Property Features for 3212 Baldwin
General Information
Standard status
Active
Size
3,900 SF
Property subtype
MULTI_FAMILY
Zoning
R3-1
Additional Details
Highway Access
Yes
Multifamily Units
4
Building Details
Building Size
3,900 SF
Year Built
1913
Stories
2
Construction
Craftsman
Tenancy
Multi
Listing Agency:
CENTURY 21 REALTY MASTERS
Listed By:
FELIPE ACUNA · License #01066186
(323) 722-7300
Source:
Milsteinestates
Added: Jul 23
Changed: Aug 25
Last Checked: Sep 8 at 10:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 REALTY MASTERS
Investment Insights
Based on property information with market context.
This value-add fourplex features a two-story Craftsman-style building built in 1930 and converted into four one-bedroom, one-bathroom units. The property requires substantial rehabilitation, offering an investor-driven opportunity to restore and improve the asset. It is subject to Los Angeles rent control, with long-term tenants currently in place.
The property sits on a large R3-1 zoned lot in Lincoln Heights. The location is described as approximately 10 minutes from Downtown Los Angeles and provides convenient access to major freeways and public transportation, along with nearby shopping, dining, schools, and parks.
The R3-1 zoning may allow for additional development, including the potential for two ADUs or two additional dwelling units, subject to buyer verification and City of Los Angeles approvals. Prospective buyers should independently verify all zoning, development potential, and applicable regulations.
The property sits on a large R3-1 zoned lot in Lincoln Heights. The location is described as approximately 10 minutes from Downtown Los Angeles and provides convenient access to major freeways and public transportation, along with nearby shopping, dining, schools, and parks.
The R3-1 zoning may allow for additional development, including the potential for two ADUs or two additional dwelling units, subject to buyer verification and City of Los Angeles approvals. Prospective buyers should independently verify all zoning, development potential, and applicable regulations.
Key Highlights
- Fourplex built in 1930: two‑story Craftsman‑style building converted to four 1‑bedroom, 1‑bathroom units
- Subject to Los Angeles rent control/rent stabilization ordinance with long‑term tenants currently in place
- Requires substantial rehabilitation
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,582
Businesses Nearby
Explore this area
Business Placement
Demographics for 90031, CA
37,333
Population
12,686
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
66%
High-School Grad
3.5 sq mi
ZIP Area
10,667
Density / Sq Mi
$62,119
Median Household Income
$34,356
Median Earnings
$1,487
Median Rent
$758,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two-story Craftsman fourplex with four one-bedroom units, requiring substantial rehabilitation on a large R3-1 lot.
Where is this quadplex located?
The property is located at 3212 Baldwin Los Angeles, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Fourplex built in 1930: two‑story Craftsman‑style building converted to four 1‑bedroom, 1‑bathroom units; Subject to Los Angeles rent control/rent stabilization ordinance with long‑term tenants currently in place; Requires substantial rehabilitation
