4212 La Rica, Baldwin Park, CA 91706
4212 La Rica, Baldwin Park, CA 91706
4212 La Rica, Baldwin Park, CA 91706
4212 La Rica, Baldwin Park, CA 91706
4212 La Rica, Baldwin Park, CA 91706
4212 La Rica, Baldwin Park, CA 91706
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Dusty Mulhearn

Dusty Mulhearn

+1(949) 500-6274
$ 5,500,000
Est. payment | /mo

0.7 Acres Lot

Save
$ 5,500,000
Est. payment | /mo
Save

0.7 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR26096273

HOA Y/N No

Year Built 1986

Lot Size 0.697 Acres

Property Sub-Type Apartment

Property Description

4212 La Rica presents a rare investment opportunity in the vibrant and centrally connected city of Baldwin Park — proudly known as the “Hub of the Valley.” Ideally positioned near the I-10, I-605, and 210 freeways, the property offers residents convenient access to Downtown Los Angeles, Pasadena, Orange County, and the Inland Empire, making it highly desirable for commuters and long-term tenants alike. Professionally managed and meticulously maintained, this 16-unit property features spacious two-bedroom, one-bath floor plans with an impressive average unit size of approximately 945 square feet. Recent capital improvements include new roof, fresh exterior paint, and a newly paved driveway and parking area, while in-unit laundry hookups further enhance resident convenience and appeal. The property has benefited from extensive upgrades over the years, reflecting pride of ownership throughout. Approximately 90% of the tenants are currently on month-to-month leases, providing a new owner with significant upside potential through the ability to adjust rents toward current market levels. In addition, each unit is separately metered for utilities, helping minimize ownership expenses and improve operational efficiency. Situated in a highly walkable location, the property is just moments from the city library, City Hall, offices, schools, fitness centers, places of worship, shopping centers, grocery markets, and a wide variety of dining and retail destinations, including Dollar Tree, McDonald's, and Starbucks. Residents are drawn to Baldwin Park's welcoming, neighborhood-oriented atmosphere, multi-generational community appeal, and relative affordability compared to surrounding markets — all while benefiting from the city's strong long-term growth potential.

Location

State CA

County Los Angeles

Area 608 - Baldwin Pk/Irwindale

Interior

Fireplace No

Laundry Inside

Exterior

Garage Spaces 24.0

Garage Description 24.0

Pool None

Community Features Park, Street Lights, Sidewalks

Total Parking Spaces 39

Private Pool No

Building

Lot Description Landscaped

Story 3

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 8544025022

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Josephine Lee A + Realty & Mortgage myagentjosephine@gmail.com, DRE #02022553

NEARBY SCHOOLS & PROPERTIES

Dusty Mulhearn

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 500-6274

dusty@propertycousins.com

United States

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