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4322 Bogart Avenue, Baldwin Park, California 91706, Baldwin Park, 91706 - 2 bed, 1 bath

4322 Bogart Avenue, Baldwin Park, California 91706 home-pic-0
ACTIVE$699,000
4322 Bogart Avenue, Baldwin Park, California 91706
2Beds
1Bath
720Sqft
13,860Lot
Year Built
1946
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$971
HOA
-
Days on market
-
Sold On
-
MLS number
225001256
Home ConditionTear down
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $699.0K(30th), sqft - 720(4th), beds - 2(17th), baths - 1(27th).

Calling ALL INVESTORS!!!! Great Investment Opportunity For Residential Real Estate Developers & Buyers Looking For A Large Buildable Lot In Baldwin Park. This 13,800+ SqFt Flat Lot Is Located Close To Hilda L. Solis Park, Central Elementary School & Baldwin Park High School. The Land Is The Prize As There Is Potential To Build More Than Just 1 Home. Imagines A Home With 3 Two Story ADU's? (Buyer To Verify All Building Codes) The Existing SFR Will Likely Not Qualify For Conventional Financing, So The Property Has Been Priced Exclusively Based On Land Value, This BPR1 Parcel Has Potential For An ADU And Possibly A Jr. ADU, Maybe Even A Lot Split - Buyer To Verify With The City Re: Potential Future Uses. Buyers Are Encouraged To Conduct Their Own Due Diligence. All Cash Offers Or Private Money Offers Are Preferred. Seller Has Not Investigated Potential Uses & There Are No Plans, Surveys Or Entitlements Currently In Place. This Is A Unique Opportunity For A Creative & Knowledgeable Buyer To Maximize The Value Of This Beautiful Piece Of Land.

Price History

Date
Event
Price
03/14/25
Listing
$699,000
Condition Rating
Tear down
The property was built in 1946, making it over 50 years old. The listing description explicitly states, 'The Land Is The Prize' and 'The Existing SFR Will Likely Not Qualify For Conventional Financing, So The Property Has Been Priced Exclusively Based On Land Value.' This, combined with the dilapidated exterior visible in the images (peeling paint, neglected appearance), strongly indicates the structure is beyond repair and its value is solely in the land. The absence of interior photos, particularly of the kitchen and bathroom, further suggests these areas are in an unlivable or non-functional state, consistent with a tear-down property.
Pros & Cons

Pros

Significant Development Potential: The 13,800+ SqFt flat lot offers substantial potential for residential real estate developers, with possibilities to build multiple units, including ADUs, Jr. ADUs, or even a lot split, maximizing land utility.
Large, Flat Buildable Lot: A generous 13,800+ square foot flat lot provides an ideal canvas for construction, simplifying development logistics and reducing site preparation costs.
Strategic Location: Located close to Hilda L. Solis Park, Central Elementary School, and Baldwin Park High School, enhancing its appeal to future residents and increasing long-term value.
Investor-Focused Opportunity: Explicitly marketed towards investors and developers, attracting a targeted buyer pool interested in maximizing land value and development potential.
Land Value Pricing: The property is priced exclusively based on its land value, offering a clear valuation proposition for developers focused on new construction rather than the existing structure.

Cons

Existing Structure Not Financeable: The existing single-family residence is unlikely to qualify for conventional financing, limiting the buyer pool primarily to all-cash or private money offers.
Extensive Buyer Due Diligence Required: Buyers are responsible for verifying all building codes, potential uses, and conducting their own due diligence, which adds significant time, cost, and uncertainty to the acquisition process.
Lack of Pre-Approved Plans/Entitlements: There are no existing plans, surveys, or entitlements in place, meaning the buyer will incur additional costs and delays for design, permitting, and approvals from scratch.

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