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Baldwin Park Multifamily Investment Opportunity
For Sale
$5,500,000

4212 La Rica Ave, Baldwin Park, CA

16-unit apartment building in Baldwin Park with upside potential.

Property SizeContact for details
Days on Market112

Property Features for 4212 La Rica Ave

General Information

Standard status Active
Property subtype Residential Income
Listing Agency: A + Realty & Mortgage
Listed By: Josephine Lee · License #02022553
Source: Exprealty
Added: May 12 Changed: Aug 25 Last Checked: Aug 30 at 10:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of A + Realty & Mortgage

Investment Insights

Based on property information with market context.

This 16-unit property presents an investment opportunity in Baldwin Park, known as the Hub of the Valley. The property is near the I-10, I-605, and 210 freeways, providing access to Downtown Los Angeles, Pasadena, Orange County, and the Inland Empire. The property is professionally managed and maintained, featuring two-bedroom, one-bath floor plans with an average unit size of approximately 945 square feet. Recent capital improvements include a new roof, fresh exterior paint, and a newly paved driveway and parking area. In-unit laundry hookups are available. The property has benefited from upgrades over the years. Approximately 90% of the tenants are currently on month-to-month leases, providing potential to adjust rents toward current market levels. Each unit is separately metered for utilities. The property is in a walkable location, moments from the city library, City Hall, offices, schools, fitness centers, places of worship, shopping centers, grocery markets, and dining and retail destinations, including Dollar Tree, McDonald's, and Starbucks. Residents are drawn to Baldwin Parks welcoming, neighborhood-oriented atmosphere.

Key Highlights

  • Significant upside potential: 90% of tenants are on month‑to‑month leases.
  • Prime location near I‑10, I‑605, and 210 freeways.
  • Professionally managed 16‑unit property with spacious two‑bedroom, one‑bath units.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Pet Store Garden Center Tattoo & Piercing Shop Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,228
Businesses Nearby

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 16-unit apartment building in Baldwin Park with upside potential.
Where is this apartment building located?
The property is located at 4212 La Rica Ave Baldwin Park, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Significant upside potential: 90% of tenants are on month‑to‑month leases.; Prime location near I‑10, I‑605, and 210 freeways.; Professionally managed 16‑unit property with spacious two‑bedroom, one‑bath units.
More about this property
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