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Sold for $1,880,000
  • Listing Provided by: RE/MAX 2000 REALTY
    Bought with: IRN REALTY
    $1,880,000

    4158 La Rica Ave, Baldwin Park, CA 91706

    11beds
    5baths
    4,864sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $-- Zestimate®
    $387/sqft
    $3,455 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,455/mo

    Zestimate® history
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    What's special

    Private patioPrivate garage parking
    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.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Kristopher German DRE #01800021 909-645-0443,

    RE/MAX 2000 REALTY

    Bought with:

    TING CHU, DRE #01912651

    IRN REALTY

    Source: CRMLS,MLS#: CV25099407MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 5
    Heating
    • Central
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Washer Hookup
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,864
    • Total interior livable area: 4,864 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Assigned, Garage, Paved
    • Garage spaces: 7
    • Uncovered spaces: 5
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Brick
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.48 Acres
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 8544025031
    • Zoning: BPR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Baldwin Park

    Other

    Other facts
    • Listing terms: Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/5/2025Sold$1,880,000+13.9%$387/sqft
    Source: CRMLS #CV25099407 Report a problem
    5/19/2025Pending sale$1,650,000$339/sqft
    Source: CRMLS #CV25099407 Report a problem
    5/5/2025Listed for sale$1,650,000$339/sqft
    Source: CRMLS #CV25099407 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,226 +8.9%$443,760 +2%
    2024$7,552 +1%$435,059 +2%
    2023$7,478 -1.2%$426,530 +2%
    2022$7,569 +1.8%$418,167 +2%
    2021$7,438 +0.3%$409,968 +1%
    2020$7,419 $405,765 +2%
    2019$7,419 +15%$397,809 +2%
    2018$6,452 $390,009 +2%
    2017$6,452 +2.3%$382,363 +2%
    2016$6,309 +4.5%$374,867 +1.5%
    2015$6,038 -1.2%$369,237 +2%
    2014$6,111 $362,005 +7.1%
    2008-- $337,852 +4%
    2006-- $324,735 +8.1%
    2002-- $300,400 +4%
    2000-- $288,737

    Find assessor info on the county website

    Neighborhood: 91706

    Nearby schools

    GreatSchools rating
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