
Baldwin Park, California 91706
Analysis of 4520 Walnut Street, Baldwin Park, California 91706 is currently available with a list price of $1,439,999. 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on lot size and future development potential suggest that the kitchens, bathrooms, and internal systems are likely outdated and show signs of age.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.
Exceptional Multi-Unit Investment Opportunity! Spacious and versatile, this impressive 3-unit multi-family property offers approximately 2,474 square feet of total living space across three separate residences, making it an outstanding opportunity for investors and owner-occupants alike. Each unit features 2 bedrooms and 1 bathroom, providing comfortable and functional living spaces with privacy and flexibility for tenants or extended family living. The well-designed layout allows each residence to operate independently while maximizing the property's income-producing potential. All three units have Certificates of Occupancy, providing added peace of mind for buyers. The property can be delivered vacant, creating a unique opportunity for an owner-user, investor, or developer to immediately occupy, renovate, lease at market rents, or pursue future development plans. Situated on a generously sized lot, the property offers significant room for future expansion and development. Potential exists to add additional units or pursue new construction, subject to local zoning requirements and city approval. This makes the property particularly attractive for buyers seeking long-term growth and value appreciation. With a desirable unit mix, strong rental income potential, and exciting development possibilities, this property presents a rare opportunity to own a multi-family asset with both immediate cash flow and future upside. Buyer to independently verify all zoning regulations, development opportunities, lot usage, permitted uses, and future building potential with the appropriate local planning department.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,474 | - |
| Lot Size | 20,058 | - |
| Price | $1.44M | $840.0K |
| Price per sq ft | $582 | $225 |
| Built year | 1951 | 0 |
| HOA | $0 | $0 |
| Days on market | 103 | 98 |
Jun 27, 2026
$1,439,999
$1,469,999
-2% Price Drop
Initial Listing
Jun 18, 2026
$1,469,999
$1,499,999
-2% Price Drop
Initial Listing
May 24, 2026
$1,499,999
$1,599,999
-6% Price Drop
Initial Listing
Apr 23, 2026
$1,599,999
$1,675,000
-4% Price Drop
Initial Listing
Apr 10, 2026
$1,675,000
Initial Listing