5101 Lindsey Avenue, Pico Rivera, CA 90660
- $1,720,000
- List Price
- $1,720,000
- Status
- ACTIVE
- MLS#
- TR26025646
- Year Built
- 1928
- Lot Size
- 5,297
- Acres
- 0.12
- Lot Location
- Corner Lot
- Days on Market
- 138
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
Next to the City of Whittier. Easy - Maintained 6-unit Apartment Located on a Corner Lot (Lindsey Ave & Verner St) ( APN #: 6377-002-016) in a desirable neighborhood of Pico Rivera. Consists of a 2-story 4-Plex in the front with 2BD/1 BA Each units and a Duplex in the rear with 1BD/1 BA Each units situated over 2 of 2-car Garages. 4-Plex In the Front Plus Duplex at the Back (9148 #A & 9148 #B Verner St) which the back Duplex has been renovated. Annual Schedule Gross Income is $130,440 Includes Additional Schedule Garage Rental Annual Income $ 1,200 ; Annual Expense with Property Tax, Insurance, and All Utilities is $ 49,627; Annual Schedule Net Operating Income is $ 89,928. Annual Proforma Schedule Gross Income Approx. $130,440 . There are 2 Water Heaters, 5 Electric Meters, and 5 Gas Meters (The owner pays for gas for tenants in Duplex and Laundry usage). Garages are currently rented out ( $100 Per Month Per Garage ), tenants park on the street. Onsite Laundry Room with 2 sets of Owner's washers/dryers. Currently 3 Units which have renovated . The Duplex has Renovated Flooring and stairs. Property Close to the Freeway and has many Stores, a Shopping Center, and a Gas Station nearby. The Bus Station is within walking distance of the property.
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Additional Information
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Wall Furnace
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $129,240
- Operating Expense
- 49627
Listing courtesy of Listing Agent: Sheng Wang (tw8293@yahoo.com) from Listing Office: Century Commercial RE Services.
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