
Baldwin Park, California 91706
Analysis of 4532 Walnut Street, Baldwin Park, California 91706 is currently available with a list price of $1,395,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
While originally built in 1944, the property has undergone extensive recent renovations. The rear residence is completely remodeled (<5 years) with modern white shaker cabinetry, stone counters, stainless appliances, and mini-split HVAC systems. The front residence is beautifully updated with contemporary flooring, recessed lighting, and modern paint, making the entire lot move-in ready with no deferred maintenance.
The property features two separate, fully renovated homes with individual addresses, offering immediate rental income or flexible multi-generational living arrangements with a total of 5 bedrooms and 4 bathrooms.
Situated on a rare 18,368-square-foot lot, the property provides significant potential for lot subdivision, ADU additions, or further expansion to maximize long-term investment value.
With four dedicated driveways and a massive carport, the property offers exceptional parking capacity and convenient access for both residences, which is a highly desirable feature for multi-unit properties.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3300, other record living area = 2539. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Originally built in 1944, the property may have underlying aging systems or structural elements typical of older homes that require ongoing maintenance despite recent cosmetic renovations.
The highlighted potential for lot subdivision and expansion is subject to city approval and zoning verification, introducing a layer of regulatory uncertainty and potential costs for the buyer.
Rare investment opportunity in the City of Baldwin Park! Situated on an expansive 18,368-square-foot lot, this unique property features two separate homes on one lot, each with its own address, offering exceptional flexibility for investors, owner-occupants, and multi-generational living. The front residence is a beautifully updated 2,120-square-foot home featuring 3 bedrooms, 3 bathrooms, soaring ceilings, spacious living areas, and an attached garage. The rear residence offers a completely renovated 816 square feet with 2 bedrooms and 1 bathroom, providing an ideal setup for rental income, extended family, or guest accommodations. A massive two-car carport and multiple parking areas add to the property's functionality. Whether you're an owner-occupant looking to offset your mortgage with rental income, an investor seeking strong cash-flow potential, or a buyer exploring future development opportunities, this property delivers. The oversized lot presents exciting possibilities, including the potential for lot subdivision (buyer to verify with city), ADU additions, expansion opportunities, or the creation of a private family compound. Properties of this size and versatility are rarely available. The front home features two separate driveways, while the rear residence also enjoys two dedicated driveways, providing exceptional parking capacity and convenient access from both streets. With two homes, separate addresses, abundant parking, and tremendous upside potential, this is a exceptional opportunity with endless possibilities
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 2.0 | 57% |
| Baths | 4.0 | 2.0 | 57% |
| Square foot | 3,300 | 2,386 | 57% |
| Lot Size | 18,368 | 9,405 | 86% |
| Price | $1.40M | $840.0K | 86% |
| Price per sq ft | $423 | $423 | 50% |
| Built year | 1944 | 1952 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 198 | 14% |
May 30, 2026
$1,395,000
Initial Listing
Aug 13, 2024
$954,000
Public Record