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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$5,500,000

Est. payment - /mo

8 Beds

4 Baths

0.7 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR26096273

Bedrooms 8

Lot Size 0.697 Acres

Property Sub-Type Res Income 2-4 Units

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 Parks welcoming, neighborhood-oriented atmosp

Location

State CA

County Los Angeles

Zoning Assessor

Direction One block west of Baldwin Park Blvd, North of Ramona Blvd, Cross Street: Ramona Blvd

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 8544025022

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

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Listed by Josephine Lee, DRE#02022553 A + Realty & Mortgage

Nearby School & Business

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

4212 La Rica Baldwin Park, CA 91706

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

GET MORE INFORMATION