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4668 Maine, Baldwin Park, California 91706, Baldwin Park, 91706 - 2 bed, 1 bath

4668 Maine, Baldwin Park, California 91706 home-pic-0
ACTIVE$1,200,000
4668 Maine, Baldwin Park, California 91706
2Beds
1Bath
712Sqft
20,000Lot
Year Built
1921
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$1,685
HOA
-
Days on market
-
Sold On
-
MLS number
DW25266464
Home ConditionTear down
Features
Patio
View-

About this home

We found 4 Cons,6 Pros. Rank: price - $1.20M(99th), sqft - 712(3th), beds - 2(17th), baths - 1(27th).

This exceptional property at 4668 Maine Avenue in Baldwin Park offers a rare investment opportunity with two parcels (8415-011-028) approximately 20,295 sqft of prime lot space. One parcel features a charming single-family residence (SFR) of 712 sqft, while the second parcel is a versatile commercial mixed-use lot. This unique combination presents tremendous potential for development and significant cash flow generation. Whether you're looking to expand your portfolio or develop a dynamic project, this property is perfectly positioned to meet your goals. Don’t miss out on owning a valuable asset in the thriving city of Baldwin Park—seize this opportunity today!

Price History

Date
Event
Price
12/01/25
Listing
$1,200,000
07/07/00
Sold
$55,000
07/07/00
Sold
$55,000
Condition Rating
Tear down
Built in 1921, this property shows extensive physical depreciation and severe neglect. The exterior has widespread peeling paint, and the interior features a highly outdated kitchen with old cabinets, laminate countertops, and worn linoleum flooring. The living areas have old carpets and window AC units, indicating a lack of modern HVAC. The overall condition suggests the structure is beyond economical repair and its value is primarily in the land for redevelopment, as also implied by the listing description which highlights 'development potential' and lists the SFR's age as a weakness, suggesting it may be a 'tear-down'.
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 = 20000, living area = 712.
Exceptional Development Potential: The property offers a rare investment opportunity with tremendous potential for development and significant cash flow generation, explicitly highlighted in the description.
Versatile Mixed-Use Zoning: Comprising two parcels, one with an SFR and the second a versatile commercial mixed-use lot, it provides flexibility for diverse development projects and income streams.
Substantial Lot Size: With approximately 20,295 sqft of prime lot space, there is ample room for significant expansion or new construction, a valuable asset in an urban setting.
Dual Parcel Advantage: The combination of an existing single-family residence and a commercial mixed-use lot offers immediate income potential from the SFR while future development plans are pursued.
Strategic Location: Positioned in the 'thriving city of Baldwin Park,' the property benefits from a potentially growing market and favorable conditions for investment returns.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20000, other record lot size in square feet = 9539.
Age of Existing SFR: Built in 1921, the single-family residence is very old, likely requiring extensive renovations or being considered a tear-down, which adds to initial project costs.
Small SFR Footprint: The existing single-family residence is only 712 sqft, which is quite small and may limit its immediate rental income potential or appeal as a standalone residential unit without significant upgrades.
Complexity of Mixed-Use Development: While offering high potential, developing a mixed-use property on two parcels can involve complex zoning regulations, permitting processes, and substantial capital investment, which may be a barrier for some investors.

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