Just Listed – Rare 6 Unit Multi-Family Opportunity in Pico Rivera. 4920–4918 Tobias Ave, Pico Rivera 90660. First time on the market in over 40 years! Exceptional investment opportunity featuring 6 fully occupied units with long-term month-to-month tenants. Pride of ownership throughout this well-maintained income property. Property Highlights: • Approx. 4,504 sq. ft. building. • Generous lot size of over 12,254 sq. ft. • Fully occupied – strong rental income potential. • Well kept by current owner. • Excellent upside potential for investors. • Located in a desirable rental area of Pico Rivera Prime Location: Conveniently located less than 1 mile from the I-605 Freeway near Whittier Blvd, providing easy access to surrounding cities, shopping, dining, and employment centers. Pico Rivera continues to benefit from its strategic Southeast Los Angeles County location and freeway accessibility. Pico Rivera is a strong and established rental market in Los Angeles County with a population of approximately 60,000 residents and steady housing demand. A rare chance to own a multi-family asset in a tightly held market where properties seldom become available. The roof was replace on all 6 units 3 yrs ago. For more information or to schedule a private showing, contact: Rosalba Farias – Realtor
Welcome to the beautiful city of Pico Rivera! This amazing mixed-use property is now available on the market, offering a total of four units and incredible versatility. The two front units are currently being used as a workshop but can easily be converted into retail, office, or other commercial uses. The property also features two residential units: one located on the second floor, offering a spacious 2-bedroom, plus bonus room, 2-bath layout that has been recently remodeled with recessed lighting, high ceilings, new flooring, and updated kitchen cabinets. In addition, there is a detached two-story unit with a 1-bedroom, 1-bath layout, also recently remodeled with recessed lighting, fresh paint, and new flooring. The property includes a 1-car garage with washer and dryer hookups, a driveway that can accommodate multiple vehicles, and convenient alley access for additional parking. All units are currently tenant-occupied, but some units maybe deliver vacant at COE making this an excellent opportunity for investors seeking steady cash flow or for an owner-user looking to operate a business while generating rental income. This property offers endless potential and will not last!
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.
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.
