
Baldwin Park, California 91706
Analysis of 4520 Walnut Street, Baldwin Park, California 91706 is currently available with a list price of $1,675,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Baldwin Park Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1951, this triplex is significantly older than the 'fair' age bracket but appears to be maintained as a functional, income-producing property. The absence of interior images and the listing's heavy emphasis on lot size and future development potential suggest that the kitchens, bathrooms, and internal systems are likely outdated and show signs of age. While the structures appear sound from aerial views, the property likely requires cosmetic updates and system modernizations to meet contemporary standards.
The expansive 20,058 square foot lot offers rare and substantial upside for expansion, ADUs, or additional residential units, allowing investors to maximize the property's density and value.
The property features three consistent 2-bedroom, 1-bathroom units, providing a highly marketable and functional layout that appeals to a wide range of long-term tenants.
With three separate residences, the property is ideal for both pure investors seeking multiple income streams and owner-occupants looking to utilize house-hacking to offset their mortgage.
Built in 1951, the property may require significant capital improvements or updates to major systems like plumbing and electrical to meet modern efficiency and safety standards.
The $1.675M list price reflects a high price-per-square-foot for the area, suggesting that the market value is heavily dependent on future development potential rather than current cash flow.
Spacious and versatile, this impressive 3-unit multi-family property offers approximately 2,474 square feet of total living space across three separate residences, presenting an amazing investment opportunity for both investors and owner-occupants seeking strong rental potential. Each unit features 2 bedrooms and 1 bathroom, providing comfortable, well-proportioned living spaces designed for everyday functionality and privacy. The layout allows for independent living in each unit while maximizing the overall flexibility of the property. Situated on a generously sized lot, there is also ample space for potential expansion or additional building, offering exciting possibilities for future development. The zoning may allow for additional residential units or new construction, making this property especially appealing for those looking to grow their portfolio over time. Buyers are encouraged to verify zoning regulations, development potential, and permitted uses with the local city planning department. With its solid unit mix, income-producing potential, and long-term upside, this property is a standout opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 2.0 | 57% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 2,474 | 2,386 | 57% |
| Lot Size | 20,058 | 9,405 | 86% |
| Price | $1.68M | $840.0K | 86% |
| Price per sq ft | $677 | $446 | 86% |
| Built year | 1951 | 1952 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 153 | 14% |
Apr 10, 2026
$1,675,000
Initial Listing