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For SaleLuxury

$2,250,000

12,253 sqft$184/sqft158 days on market

4918 Tobias Avenue

Pico Rivera, CA 90660

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

12,253

Square feet

1947

Built

Listing narrative

Description

Six-Unit Multifamily Investment Opportunity in Pico Rivera! Offered for the first time in over 40 years, this well-maintained six-unit property presents an exceptional opportunity to acquire a multifamily asset in one of Southeast Los Angeles County’s established rental markets. The property features approximately 4,504 square feet of building area situated on a generous 12,254-square-foot lot. The roofs on all six units were replaced approximately three years ago, adding significant value and reducing a major near-term expense for the new owner. Conveniently located less than one mile from the I-605 Freeway and near Whittier Boulevard, the property offers easy access to surrounding cities, shopping, dining, transportation, and major employment centers. With a population of approximately 60,000 residents, Pico Rivera benefits from steady housing demand and a strategic location within Los Angeles County. Six-unit properties are rarely offered in this tightly held market, making this a unique opportunity for investors seeking an income-producing asset with immediate leasing potential and long-term upside..

Listing agent (MLS): Rosalba Farias · Listing brokerage (MLS): RE/MAX CHAMPIONS

Property Details

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Price

$2,250,000

Beds

Beds n/a

Type

Multi-Family

Home Size

12,253 sqft

Baths

Baths n/a

Lot Size

0.28 acres

Year

1947

Status

For Sale

Days on Market

158

$ / Sqft

$184

· 8% down, 7% APR, 30yr fixed
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Courtesy of RE/MAX CHAMPIONS