5101 Lindsey Ave AVE, Pico Rivera, CA 90660 – TR24242048

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John Bertsch

greathomes@johnbertsch.com +1(619) 518-5421

$ 1,750,000

Est. payment -/mo

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5101 Lindsey Ave AVE Pico Rivera, CA 90660

5,296 Sqft Lot

UPDATED:

12/05/2024 01:59 AM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR24242048

HOA Y/N No

Year Built 1928

Lot Size 5,296 Sqft

Property Description

Next to the City of Whittier. Easy - Maintained 6-unit Apartment Located on a Corner Lot (Lindsey Ave & Verner St) 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 $131,800.00 Plus Additional Garage Rental Annual Income $ 2,400.00 ; Annual Expense with Property Tax, Insurance, and All Utilities is $ 44,352.00; Annual Schedule Net Operating Income is $ 89,928.00. Annual Proforma Schedule Gross Income Approx. $134,280.00 . There are 2 Water Heaters, 7 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 owner-supplied washers/dryers. Dual Pane Windows, New Sewer, Water Lines, Newer Water Heaters, and Exterior Stairways, The Duplex has fully 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.

Location

State CA

County Los Angeles

Area 649 - Pico Rivera

Interior

Heating Fireplace(s)

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Suburban

Total Parking Spaces 4

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6377002016

Energy Description 4037.0

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Listed by Sheng Wang • Century Commercial RE Services • 626-500-5789

John Bertsch

Agent | License ID: 02135471

+1(619) 518-5421

John Bertsch

5101 Lindsey Ave AVE Pico Rivera, CA 90660

Key Details

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5101 Lindsey Ave AVE