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-
MLS #
CRCV25099407
MLS Source
California Regional MLS
Kitchen
None
Cooling
Window/Wall Unit
Heating
Central Forced Air
Roof
Shingle
Garage/Parking
Assigned Spaces, Garage, Other, Garage: 7 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
6 | – | – |
4158 La Rica Ave is a Residential Income in Baldwin Park, CA 91706. This – square foot property sits on a 20,892 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,880,000 and was built in 1962.
This address can also be written as 4158 La Rica Ave, Baldwin Park, CA 91706.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of June 05, 2025. For the most current information, please contact Kristopher German, (626) 427-0786