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Millman Team Real Estate

$5,500,000
0.70 Acre Lot

4212 La Rica, Baldwin Park, California 91706

  • Residential Income Property Type
  • 1986 Year Built
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.

Basic Details
Residential Income
For Sale
TR26096273
$5,500,000
1986
0.70 Acre
Active
1
Apartment
Features
: None
: Inside
: Public Sewer
$0
Address Map
CA
Los Angeles
Baldwin Park
91706
La Rica
4212
W118° 2' 1.6''
N34° 5' 20.4''
One block west of Baldwin Park Blvd, North of Ramona Blvd, Cross Street: Ramona Blvd
608 - Baldwin Pk/Irwindale
Additional Information
$0
$0
$0
$0
$0
15120
: Park, Sidewalks, Street Lights
1
24.0
: Landscaped
16
2026-05-12
3
: Public
Broker/Agent Information
A + Realty & Mortgage
Josephine Lee
Listing Information
TRJOSELEE
8496
Cash, Conventional, 1031 Exchange
Active
2026-05-13T03:01:36Z
CRMLS
: Standard
2026-05-12T17:28:33Z
Agent info
Ray Millman
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