Realty Masters & Associates, Inc.
Carlos Cabrera, Realty Masters & Associates, Inc.Phone: (323) 855-9331
Email: [email protected]
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listing
1 of 40
Residential IncomeFor Sale
$1,680,000
5101 Lindsey Avenue
Pico Rivera, CA 90660
Listed by Sheng Wang DRE#01772547 [email protected] Care Realty
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$8,772/mo

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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