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.
GREAT MULTI-UNIT INVESTMENT OPPORTUNITY IN PRIME LOCATION OF PICO RIVERA! 6 unit one story duplex style complex in the heart of Pico Rivera. Both front units are freestanding single family units and back units are duplexes on a huge 20,000+ sf lot. This property is on a 0.49 acre lot and has great potential for redevelopment. Unique property investment with huge upside and not many like this in the marketplace. DO NOT MISS OUT ON THIS DEAL!
This duplex is ideal for First Time Buyers or a 1031 exchange.Each unit is one bedroom, one bathroom.This property offers a great opportunity to customize and increase its value. Property is perfect for those seeking an investment with room for growth.
This duplex is ideal for First Time Buyers and Investors.Each unit is one bedroom, one bath.This property offers a great opportunity to customize and increase its value. It provides potential for either rental income or resale after improvements, thus making it perfect for those seeking an investment with room for growth.
***ONE UNIT TO BE DELIVERED VACANT AT CLOSE OF ESCROW***BRING ALL OFFERS SELLER MOTIVATED***Charming Duplex with Great Potential in Pico Rivera! This diamond in the rough offers a fantastic opportunity for investors. Each unit features 1 bedroom and 1 bathroom, providing a cozy and manageable layout. While both units require some (TLC), .Located in a desirable Pico Rivera neighborhood, this duplex benefits from its proximity to amenities, parks, and schools. With a little bit of imagination and effort, you can turn this property into a true gem.
Pico Rivera is located in California. Pico Rivera, California has a population of 62,383. Pico Rivera is more family-centric than the surrounding county with 32.83% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Pico Rivera, California is $78,056. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Pico Rivera is 39 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 46.6 degrees. The average rainfall is approximately 14.5 inches per year, with 0 inches of snow per year.
