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5101 Lindsey Avenue

Pico Rivera, CA 90660
  • $1,680,000
  • STATUS: Active
  • ON SITE: 268 Days
  • ID#: TR22198486
$1,680,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Listing Agent(s): Sheng Wang of Care Realty (909-861-2800)


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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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-06T00:27:27.573. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/132983668
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5101 Lindsey Avenue Pico Rivera, CA 90660

  • Price: $1,680,000
  • Status: Active
  • On Site: 268 Days
  • ID#: TR22198486
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1928
Built
Neighborhood:
649 - Pico Rivera
County:
Los Angeles
Area:
649 - Pico Rivera
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.
Exterior Features

Lot Features Corner Lot Number Of Separate Electric Meters 7 Parking Features On Street Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Current Financing Conventional Electric Expense 1320 Fuel Expense 1746 Garage YN No Gross Income 102600 Gross Scheduled Income 102600 Insurance Expense 6394 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 64874 New Construction YN No New Taxes Expense 21506 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 2 Number Of Units Leased 6 Operating Expense 37726 Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 8550 Trash Expense 0 Water Sewer Expense 1360 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-06T00:27:27.573. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Sheng Wang of Care Realty (909-861-2800)