5101 Lindsey Avenue, Pico Rivera, CA 90660
- $1,680,000
- List Price
- $1,680,000
- Status
- ACTIVE
- MLS#
- TR22198486
- Year Built
- 1928
- Lot Size
- 5,295
- Acres
- 0.12
- Lot Location
- Corner Lot
- Days on Market
- 262
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
Next to City of Whittier. Well Maintained 6-Unit Apartment Located on a Corner Lot (Lindsey Ave & Verner St) 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. 4Plex In the Front Plus Duplex at the Back (9148 #A & 9148 #B Verner St) which the back Duplex have been renovated. Annual Schedule Gross Income $102,600; Annual Expense with Property Tax, Insurance, and All Utilities is $37,726; Annual Schedule Net Operating Income $ 64,874. Annual Proforma Schedule Gross Income $110,808 in year 2023. There are 2 Water Heaters, 7 of 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 Owner's supplied washer/dryers. Dual Pane Windows, New Sewer, and Water Lines, Newer Water Heaters, Exterior Stairways, Duplex has fully Renovated Flooring, Stairs. Property Close to Freeway and has many Stores, Shopping Center and Gas Station nearby. Bus Station is walking distance to the property.
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Additional Information
- Pool Description
- None
- Cooling Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $102,600
- Operating Expense
- 37726
Listing courtesy of Listing Agent: Sheng Wang (tw8293@yahoo.com) from Listing Office: Care Realty.
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