4249 Filhurst, Baldwin Park, California 91706, Baldwin Park, 91706 - 4 bed, 4 bath

4249 Filhurst, Baldwin Park, California 91706 home-pic-0
ACTIVE$790,000$1,016/sqft
Est. Value: $773,012
-2%
FairlyEstimate
4249 Filhurst, Baldwin Park, California 91706
4Beds
4Baths
1,016Sqft
7,180Lot

Price Vs. Estimate

The estimated value ($773,012.165) is $16,987.835 (2%) lower than the list price ($790,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7180, living area = 1016.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.

Compared to the nearby listings

Price:$790.0K vs avg $747.0K (+$43,000)77%
Size:1,016 sqft vs avg 1,339.5 sqft25%
Price/sqft:$778 vs avg $53994%

More Insights

Built in 1947 (79 years old).
Condition: The property, built in 1947, has undergone extensive recent renovations, particularly in the kitchen and bathrooms, which appear virtually new with modern cabinets, countertops, appliances, and fixtures. New laminate flooring, fresh paint, and updated lighting (recessed lights, modern chandelier) are present throughout the living areas. A mini-split AC unit provides modern cooling. While the underlying structure is older, the visible interior components are move-in ready and require no immediate updates, aligning with a 'Good' condition score. The exterior and yard show some deferred maintenance, and major systems like plumbing and electrical are not explicitly stated as new, preventing an 'Excellent' rating.
Year Built
1947
Close
-
List price
$790K
Original List price
$790K
Price/Sqft
$778
HOA
-
Days on market
-
Sold On
-
MLS number
WS26010343
Home ConditionGood
Features
Patio
View-

About this home

Excellent opportunity to own a dual-unit property featuring one front unit and one back unit, ideal for rental income or owner-occupied investment. This property is well-suited for investors looking for a steady rental opportunity or buyers seeking to live in one unit while renting out the other. The flexible layout offers strong rental appeal and long-term investment potential. Conveniently located near shopping, dining, schools, and major freeways, ensuring consistent tenant demand. A solid investment property with great income potential. Do not miss this opportunity.

J
JOHN LIU
Listing Agent

Price History

Date
Event
Price
07/31/24
Sold
$649,000
07/29/24
Sold
$600,000
Condition Rating
Good

The property, built in 1947, has undergone extensive recent renovations, particularly in the kitchen and bathrooms, which appear virtually new with modern cabinets, countertops, appliances, and fixtures. New laminate flooring, fresh paint, and updated lighting (recessed lights, modern chandelier) are present throughout the living areas. A mini-split AC unit provides modern cooling. While the underlying structure is older, the visible interior components are move-in ready and require no immediate updates, aligning with a 'Good' condition score. The exterior and yard show some deferred maintenance, and major systems like plumbing and electrical are not explicitly stated as new, preventing an 'Excellent' rating.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7180, living area = 1016.
Dual-Unit Configuration: The property features a dual-unit setup (one front, one back), providing excellent flexibility for rental income or owner-occupied investment strategies.
Strong Investment Potential: Explicitly marketed as an 'excellent opportunity' for investors, offering 'strong rental appeal and long-term investment potential' with 'great income potential'.
Convenient Location: Strategically located near shopping, dining, schools, and major freeways, which enhances tenant demand and property accessibility.
Versatile Occupancy Options: Appeals to a broad buyer pool, allowing an owner to live in one unit while renting out the other, effectively offsetting mortgage costs.
Consistent Tenant Demand: The combination of a dual-unit structure and a desirable, accessible location is likely to ensure a steady stream of potential tenants.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Property Age and Potential Maintenance: Built in 1947, the property is older, suggesting a higher likelihood of needing updates to major systems (plumbing, electrical) and general deferred maintenance, which could incur significant costs.
Compact Unit Sizes: With a total of 1016 sqft for 4 beds and 4 baths across two units, individual unit footprints are likely quite small, potentially limiting tenant appeal or rental rate upside.
Property Type Discrepancy: Listed as a 'Single Family Residence' but described as a 'dual-unit property,' which may indicate potential zoning or permitting issues for the second unit, impacting financing or future resale.
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