14448 Olive Street, Baldwin Park, California 91706, Baldwin Park, 91706 - 2 bed, 2 bath

ACTIVE$890,000
14448 Olive Street, Baldwin Park, California 91706
2Beds
2Baths
2,032Sqft
14,539Lot
Year Built
1926
Close
-
List price
$890K
Original List price
$980K
Price/Sqft
$438
HOA
-
Days on market
-
Sold On
-
MLS number
AR25039562
Home ConditionPoor
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 37% below the list price. We found 3 Cons,6 Pros. Rank: price - $890.0K(93th), sqft - 2032(94th), beds - 2(17th), baths - 2(50th).
Huge price drop!!! This is very big lot house, it is good for owner occupy and or investment, high potential. This house offer 3 room and 2 bath, very good for big family. Extra large lot with 14534 sq ft. you can build one more big house and more ADU in the back. close to the restaurant and shopping. Also close to free way 10, 605 access.
Condition Rating
Poor
Built in 1926, this property is nearly a century old and shows significant signs of age and deferred maintenance. The kitchen features very dated dark cabinets, older white appliances, and basic tile flooring. No bathroom images are provided, but given the rest of the interior, they are likely equally outdated. The presence of a window AC unit suggests a lack of central heating and cooling, which is a major system deficiency. Flooring is a mix of older laminate and tile, and wall colors are dated. While the structure appears livable, the property requires substantial repairs and rehabilitation, particularly to major systems (electrical, plumbing, HVAC) which are likely original or very old, and extensive cosmetic updates to meet modern standards of comfort and safety. The overall condition points to a need for significant investment beyond minor updates.
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 = 14539, living area = 2032.
Exceptional Lot Size & Development Potential: The property boasts an extra-large 14,534 sq ft lot, offering significant potential to build an additional large house and multiple Accessory Dwelling Units (ADUs), making it highly attractive for investors or multi-generational living.
Significant Price Reduction: A 'huge price drop' from the original list price of $980,000 to $890,000 presents a more competitive entry point for buyers and indicates increased seller motivation.
Versatile Investment Opportunity: The property is explicitly highlighted as suitable for both owner-occupancy and investment, appealing to a broad range of potential buyers looking for high potential returns or flexible living arrangements.
Convenient Freeway Access: Its close proximity to Freeways 10 and 605 provides excellent connectivity, facilitating easy commutes and access to surrounding areas.
Proximity to Local Amenities: The location offers convenient access to nearby restaurants and shopping, enhancing the daily living experience for residents.
Cons
Significant Overpricing Relative to Estimation: The current list price of $890,000 is substantially higher than the estimated property value of $554,152.355, indicating a potential overvaluation of approximately 37% which could deter buyers and complicate financing.
Advanced Age of Structure: Built in 1926, the property is nearly a century old, suggesting potential for outdated systems, structural wear, and the need for significant renovations to meet modern standards and preferences.
Ambiguous Room Count: The description mentions '3 room and 2 bath' but the property data lists 2 bedrooms, which could create confusion for potential buyers regarding the actual number of dedicated sleeping areas.

























