4668 Maine Ave, Baldwin Park, CA 91706 - View 1
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4668 Maine Ave, Baldwin Park, CA 91706 - View 5
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4668 Maine Ave, Baldwin Park, CA 91706

List Price: $1,498,000On Market FlagOn market
Aug 24, 2023712 sqft2 beds1 baths
Listed by: Jennie Leung
License #: 02011045
Phone #: 626-888-9808
Pinnacle Real Estate Group
Source:
CRMLS Logo
MLS #: TR23157588

Property Description

Attention Developer! Per the City of Baldwin Park, up to 18 affordable units can be built. The City of Baldwin Park welcomes developers to submit drawings for review. Please verify with the City for its incentive, the 'Density Bonus' state program, to maximize the full potential of this project. The purchase must include two parcels. This property is zoned MU2 (Mixed Use-Commercial/Residential), offering an opportunity to combine two parcels (APN # 8415011002 & 8415011028) with a total lot size of 20,295 sqft. There is a structure on one of the parcels. The lots are centrally located near Downtown Baldwin Park on a corner lot in a densely populated retail and residential area, situated in the San Gabriel Valley Region of Los Angeles County. It's a rare find in the San Gabriel Valley. Multiple hospitals, such as Kaiser Permanente and Emanate Health Inter-Community Hospital, are approximately a 10-minute drive away. Additionally, the property is near the Baldwin Park Metrolink Station, Baldwin Park Unified School District, Superior Grocers, Grocery Outlet, Walmart Supercenter, Santa Fe Dam Recreation Area, and more. Baldwin Park is adjacent to West Covina, Covina, El Monte, and Irwindale. Buyer to do own due diligence!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

-$2,304

TurboHome Estimated Value

$672,200

$944 sqft

High Valuation
$705,810
$991/sqft
Normal Valuation
$672,200
$944/sqft
Low Valuation
$638,590
$897/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$944/sqft$672,200

Neighborhood

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Comparative Value

$570K

$618K

$1.50M

4811 La Rica Ave, Baldwin Park, CA 91706

Sale Price: $570,000

Selected Comparable

5012 Wimmer Ave, Baldwin Park, CA 91706

Sale Price: $618,000

Selected Comparable

4821 Bogart Ave, Baldwin Park, CA 91706

Sale Price: $620,000

Selected Comparable

14002 Olive St, Baldwin Park, CA 91706

Sale Price: $640,000

Selected Comparable

5128 Wimmer Ave, Baldwin Park, CA 91706

Sale Price: $640,000

Selected Comparable

4668 Maine Ave, Baldwin Park, CA 91706

List Price: $1,498,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
4668 Maine Ave, Baldwin Park, CA 91706

4668 Maine Ave, Baldwin Park, CA 91706

List: $1,498,000

Listed: 8/24/2023

Area:712 sqft
Price/sqft:$2,104
Beds:2
Baths:1
Year Built:
Lot Size:9,539

Comparable Properties

COMPARABLE
Choose comps
14002 Olive St, Baldwin Park, CA 91706

14002 Olive St, Baldwin Park, CA 91706

Sale: $640,000

8/8/20250.53 mi

Area:720 sqft
Price/sqft:$889
Beds:2
Baths:1
Year Built:
Weight:23.4%
5012 Wimmer Ave, Baldwin Park, CA 91706

5012 Wimmer Ave, Baldwin Park, CA 91706

Sale: $618,000

8/8/20250.46 mi

Area:855 sqft
Price/sqft:$723
Beds:2
Baths:1
Year Built:
Weight:20.6%
5128 Wimmer Ave, Baldwin Park, CA 91706

5128 Wimmer Ave, Baldwin Park, CA 91706

Sale: $640,000

8/28/20240.56 mi

Area:765 sqft
Price/sqft:$837
Beds:2
Baths:1
Year Built:
Weight:19.5%
4821 Bogart Ave, Baldwin Park, CA 91706

4821 Bogart Ave, Baldwin Park, CA 91706

Sale: $620,000

12/12/20240.21 mi

Area:869 sqft
Price/sqft:$713
Beds:2
Baths:1
Year Built:
Weight:18.6%
4811 La Rica Ave, Baldwin Park, CA 91706

4811 La Rica Ave, Baldwin Park, CA 91706

Sale: $570,000

6/11/20250.44 mi

Area:960 sqft
Price/sqft:$594
Beds:2
Baths:1
Year Built:
Weight:17.9%

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