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$1,880,000
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Property 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.
Full Property Details
Full Property Details for 4158 La Rica Ave
General
- Sold For: $1,880,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV25099407
- Added to Site: 297 day(s) ago
Interior
- Fireplace(s): None
- Appliances: None
Rooms
Other Rooms
- Laundry: Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 7
- Parking Features: Assigned, Paved, Garage
- Parking: Assigned, Paved, Garage
Location
- Area: 608 - Baldwin Pk/Irwindale
- County: Los Angeles
- Development Name: 608 - Baldwin Pk/Irwindale
- Driving Directions: Near the intersection of Ramona Blvd & Baldwin Park Blvd. East of 605 Fwy, North of 10 Fwy
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 2
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Roof: Shingle
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 4,864
- Year Built: 1962
Lot Features
- Property View: None
- Lot Size (Acres): 0.4796
- Lot Size Source: Assessor
- Zoning: BPR3*
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $386.51
- Price Per Unit: 330000
Listed by Re/Max 2000 Realty, Kristopher German
Sold by Irn Realty, TING CHU
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Schools
Schools serving 4158 La Rica Ave
School District:Baldwin Park Unified School District
| Name | Grades | Distance |
|---|---|---|
Ernest R. Geddes Elementary School 14600 Cavette Place, Baldwin Park, CA 91706 | K-5 | 0.7 mi |
Bp STEM Academy 4733 Landis Avenue, Baldwin Park, CA 91706 | 6-8 | 0.7 mi |
Baldwin Park High School 3900 Puente Avenue, Baldwin Park, CA 91706 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4158 La Rica Ave
Date
Details
Price
Change
Source
6/05/2025
Sold
$1,880,000
13.94%
MLS
5/05/2025
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4158 La Rica Avenue, Baldwin Park, CA 91706 (MLS# CV25099407) is a Multi-Family property that was sold at $1,880,000 on June 05, 2025. Want to learn more about 4158 La Rica Avenue? Do you have questions about finding other Multi-Family real estate for sale in Baldwin Park? You can browse all Baldwin Park real estate or contact a Coldwell Banker agent to request more information.

