$1,750,000
For Sale

5101 Lindsey Ave Avenue

Pico Rivera, CA 90660
0.12 acres | #TR24242048
Listing OfficeCentury Commercial RE Services
Browse 34 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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.

  • Property Details
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,750,000
      • MLS #TR24242048
      • MLS #TR24242048
      • Lot DescriptionCornerLot
      • Property SubtypeMixedUse
      • Cost1750000
      • Acres0.1216
      • Utility SourcePublic
      • Year Built1928
      • Stories2
      • Parking Spaces4

Location

Nancy C. TurnerReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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