4158 La Rica Avenue

Baldwin Park, CA 91706

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,864 Sqft
  • 20892
    Sqft(Lot)
$1,650,000

Description

Private seller financing available! we are pleased to exclusively offer for sale this rare offering featuring five large single-story detached cottages situated on a spacious 20,892 square foot lot, presenting an ideal "value-add" investment opportunity. the property consists of one 3-bedroom/1-bath cottage and four 2-bedroom/1-bath cottages, totaling 4,864 square feet of rentable space. with three of the units to be delivered vacant at the close of escrow, investors have the immediate opportunity to bring rents to market, achieving a projected 5.82% cap rate and 12.5 grm.



each cottage offers tenants private garage parking, individual washer/dryer hookups, and either a private patio or front and back yard space—features that significantly enhance tenant satisfaction and leasing demand. a permitted sixth structure on the property which is currently used as storage offers excellent potential for conversion into an adu, creating additional income potential (buyer to check with proper city authorities). utility efficiency is built in with five separate electric & gas meters and two water meters (one for the front cottage and one for the remaining 4 units).



private seller financing is available with favorable terms: 25% minimum down payment, 6.5% interest-only payments, and a 7-year due and payable term. this property combines strong current income, immediate upside, and long-term development potential, making it a standout investment in the san gabriel valley market.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49626626

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Shingle
    • Fireplace: None

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1962
    • Building Area Total: 4,864
    • Roof: Shingle

    Pool Features

    • None

    Laundry Features

    • Washer Hookup

    Fencing

    • Brick

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.4796
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 20892

  • Listing Price Information

    • Original List Price: 1,650,000
    • Listing Contract Date: 2025-05-05

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 8544025031

  • Garage and Parking

    • Garage Description: Assigned,Garage,Paved

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Closed
    • Source Neighborhood: 608 - Baldwin Pk/Irwindale
    • Postal Code Plus 4: 3148
    • Directions: Near the intersection of Ramona Blvd & Baldwin Park Blvd. East of 605 Fwy, North of 10 Fwy
    • Zoning: BPR3*
    • Source Property Type: Residential Income
    • Area: 608 - Baldwin Pk/Irwindale
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 63
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Appraiser
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 06/09/2025 @ 15:03

  • MLS: CV25099407
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 4,864 sqft, 20,892 sized lot, and 7 parking. are nearby neighborhoods.