14621 1/2 Clark Street, Baldwin Park, California 91706, Baldwin Park, 91706 - 2 bed, 1 bath

14621 1/2 Clark Street, Baldwin Park, California 91706 home-pic-0
ACTIVE$495,000
14621 1/2 Clark Street, Baldwin Park, California 91706
2Beds
1Bath
852Sqft
5,291Lot
Year Built
1961
Close
-
List price
$495K
Original List price
$500K
Price/Sqft
$581
HOA
-
Days on market
-
Sold On
-
MLS number
CV25039883
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,5 Pros. Rank: price - $495.0K(4th), sqft - 852(6th), beds - 2(17th), baths - 1(27th).

Investor Property, ALL CASH. 2 Bedroom, 1 bath

Condition Rating
Poor

Built in 1961, this property is explicitly marketed as an 'Investor Property, ALL CASH,' indicating significant issues. The images confirm a state of severe disrepair. The kitchen features extremely outdated and damaged cabinets, worn countertops, an old sink, and a bare bulb light fixture, requiring a complete renovation. The bathroom is equally outdated with 1960s-era turquoise tile, worn vanity, and visible wall damage. Throughout the interior, there is extensive peeling paint, dirty and damaged flooring (linoleum/vinyl), and water stains on walls and ceilings. The exterior shows deferred maintenance with faded paint, old windows, and an unkempt yard. Major systems (electrical, plumbing, HVAC) are likely original and require substantial updates or replacement, making the property uncomfortable and potentially unsafe to live in its current state. This aligns with the 'poor' condition criteria.
Pros & Cons

Pros

Investment Opportunity: Explicitly marketed as an 'Investor Property,' indicating a clear opportunity for value-add through renovation, modernization, or potential redevelopment.
Desirable Location: Situated in Baldwin Park, a well-established area within the San Gabriel Valley, offering community amenities, good school districts, and convenient access.
Lot Size for Expansion/ADU Potential: The 5291 sqft lot provides ample space for potential property expansion, landscaping improvements, or the addition of an Accessory Dwelling Unit (ADU), enhancing future value and income potential.
Proximity to High-Value Comparables: Located very close to recently renovated properties that sold for significantly higher prices, demonstrating the strong upside potential after improvements and investment.
Established Neighborhood: Being built in 1961, the property is part of a mature, established neighborhood, which often implies stable community, infrastructure, and a sense of permanence.

Cons

All-Cash Requirement & Condition: The 'ALL CASH' designation strongly implies the property is in poor condition, likely requiring extensive repairs and renovation, making it unsuitable for traditional financing and severely limiting the buyer pool.
Significant Discrepancy in Valuation: The listing price of $495,000 is considerably higher (15% above) the estimated property value of $416,849, suggesting it may be overpriced given its current state and the required investment.
Age and Required Renovations: Built in 1961, the property is over six decades old, likely necessitating substantial updates to major systems (electrical, plumbing, HVAC) and general modernization, incurring significant capital expenditure.

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