Other Residential

$1,580,000
5 295
ft2
For sale by
CENTURY 21 CARE

Description

Well Maintained 6-Unit Apartment Located on a Corner Lot in a Quiet Neighborhood of Pico Rivera. Consists of 2-story 4-Plex in front with (4) 2BD/1 BA units and Duplex in Rear with (2) 1BD/1 BA units Situated over (2) 2-Car Garages. Front 4Plex Annual Gross Income $70,200; Back Duplex has been renovated and currently for New Buyer to Rent Out. Annual Schedule Gross Income $100,200; Annual Expense…
Well Maintained 6-Unit Apartment Located on a Corner Lot in a Quiet Neighborhood of Pico Rivera. Consists of 2-story 4-Plex in front with (4) 2BD/1 BA units and Duplex in Rear with (2) 1BD/1 BA units Situated over (2) 2-Car Garages. Front 4Plex Annual Gross Income $70,200; Back Duplex has been renovated and currently for New Buyer to Rent Out. Annual Schedule Gross Income $100,200; Annual Expense with Property Tax, Insurance, and All Utilities is $34,625; Annual Schedule Net Operating Income $65,575. Annual Proforma Schedule Gross Income $107,214. There are 2 water Heaters, 7 Electric Meters, and 5 Gas Meters (Owner pays Gas for tenants in Duplex and Laundry usage). Garages currently Rented out, tenants park on street. Onsite Laundry Room with 2 sets of Owners supplied washer/dryers. Newer Exterior Stucco and Newer Paint, Dual Pane Windows, New Sewer, and Water Lines, Electrical Rewire, Newer Water Heaters, Exterior Stairways, Duplex has fully Renovated Flooring, Stairs.

Market rents approximately $9,500. 5.0% CAP rate on pro forma rents. Anchored Crossroads Plaza Shopping Center

Amenities

Outdoor

Garage

Price Insights

new

Building Info

Year build
1928
Property type
House

Location

5101 Lindsey Avenue, Pico Rivera, CA 90660, Pico Rivera, California, United States

Contact Agent

SHENG (TERESA) WANG
Thank you!
Your message has been sent to the seller. They will contact you soon.
Something went wrong...
We were unable to send your message to the seller. Please try again or contact us.

For sale by

Registered on JamesEdition
2015
Address
1081 South Grand Ave, Suite A, Diamond Bar, CA, United States
Listing Reference
2BB5A20B-A203-4971-8753-729C6A7E8B90

You might also like

Related Stories

Weekly Luxury Newsletter

Receive the beautifully curated selection of what’s trending in luxury with inside stories and tips from our experts

By sharing your email, you agree to our Terms of Use and Privacy.
Thank you for your subscription!