
La Puente, California 91744
This High-Yield Residential Income Asset is listed at $1,489,000, offering a rare four-unit configuration near its $1,393,981 Fair Market Value. Boasting a Condition Rating of 2, the property features 2018 High-End Renovations, including a modern ADU with cathedral ceilings and designer kitchens with real wood cabinetry. The massive 12,555 Sq Ft Lot provides exceptional privacy, a bonus office structure, and proximity to Award-Winning Schools. This turnkey setup offers unmatched versatility for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a stabilized, multi-generational sanctuary.
Property is new construction or fully renovated.
The property underwent an extensive renovation in 2018 and includes a newly built ADU from the same year. The interiors feature high-quality modern finishes, including herringbone-patterned wood-look tile flooring, recessed lighting, and updated kitchens with real wood cabinetry and designer stone countertops. Bathrooms have been fully modernized with contemporary tile work and fixtures. With a new roof installed during the renovation and well-maintained systems, the property meets current quality standards with no visible deferred maintenance.
With four distinct units and two separate addresses on a single lot, this property offers rare flexibility for high-yield rental income, multi-generational living, or an owner-occupant looking to significantly offset their mortgage.
The property features a 2018-built ADU with cathedral ceilings and a comprehensive 2018 renovation of the main structures, including a new roof, real wood cabinetry, and designer countertops, ensuring modern appeal and reduced immediate maintenance.
The oversized 12,555 sq. ft. lot includes a separate self-contained office/studio structure and ample parking for up to eight vehicles, providing functional space and privacy that is difficult to find in this market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3404, other record living area = 2504.
Operating four separate units on one parcel requires more sophisticated property management and higher ongoing maintenance coordination compared to standard residential investments.
Despite the extensive 2018 aesthetic and surface renovations, the main structure's 1955 origin may still involve older underlying plumbing or electrical components typical of mid-century builds.
Once in a lifetime opportunity to own one of the most unique properties in the City of La Puente. Located on a 12,555 Sq Ft lot with the sale including two sperate addresses of 16138 & 16140 Blackwood Street La Puente (unincorporated area) with 4 units. The ADU (Unit 1) located on 16140 Blackwood was built in 2018 and has a separate entrance and is self-contained with 2 bedrooms, 2 baths, full kitchen that opens to a living room that provides plenty of natural light and cathedral ceilings. Private yard and access to washer and dryer on the property. The main structure on 16138 Blackwood Street has 3 units each with its own private entrance surrounded by a private yard full of dense and beautiful landscaping. The main unit (Unit 2) has 2 bedrooms, 1 full bath and living room that leads to a huge dining room area and kitchen. The private side unit (Unit 3) is a 1 bedroom, 1 Full Bath with living room area and has a separate entrance and private courtyard with its own washer and dryer. The studio unit (Unit 4) has a private gate for entrance and can be used as a 1 bedroom, 1 bath with an upgraded bathroom and separate living room area that opens to the secluded backyard. The property was renovated in 2018 with new roof and high-quality materials and craftsmanship, including real wood cabinets and designer countertops. In addition to the 4 units the property has another structure that is a self-contained, fully drywalled with electrical unit located at the back of the lot that can be used as an office, workout room, or storage. Carport has 3 covered spaces with extended driveway that can allow up to 5 cars or plenty of space to entertain. Walking distance to award winning schools, shopping, and restaurants. The thought and design that has been put into this property is outstanding and allows to be used as an income property, owner occupied with income to live in one of the units and rent the others, or for large multi-generational living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 5.0 | 33% |
| Baths | 0.0 | 3.0 | 33% |
| Square foot | 3,404 | 2,612 | 67% |
| Lot Size | 12,555 | 6,559 | 67% |
| Price | $1.49M | $935.0K | 67% |
| Price per sq ft | $437 | $437 | 50% |
| Built year | 1955 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 316 | 33% |
Mar 20, 2026
$1,489,000
Initial Listing
Jun 21, 2010
$250,000
Public Record
Sep 30, 1994
$150,000
Public Record