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For SaleLuxury

$1,720,000

5,297 sqft$325/sqft240 days on market

5101 Lindsey Avenue

Pico Rivera, CA 90660

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,297

Square feet

1928

Built

Listing narrative

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.

Listing agent (MLS): Sheng Wang · Listing brokerage (MLS): Century Commercial RE Services

Property Details

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Price

$1,720,000

Beds

Beds n/a

Type

Condo

Home Size

5,297 sqft

Baths

Baths n/a

Lot Size

0.12 acres

Year

1928

Status

For Sale

Days on Market

240

$ / Sqft

$325

· 8% down, 7% APR, 30yr fixed
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Courtesy of Century Commercial RE Services