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$1,890,000

Beds
Unknown
sq ft
4,742

5101 Lindsey Ave, Pico Rivera, CA 90660

5101 Lindsey Ave

Pico Rivera, CA 90660

  • 173 days on market
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 front with (4) 2BD/1 BA units and a Duplex in the 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 has been renovated. Annual Schedule Gross Income is $115,860; Annual Expense with Property Tax, Insurance, and All Utilities is $ 44,352; Annual Schedule Net Operating Income is $ 71,509. Annual Proforma Schedule Gross Income Approx. $123,970 . 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.

Details

Property type

Mixed Use

Est. home value

$2,102,386

Lot size

5,297 sq ft

Price per sq ft

$399

Year built

1928

Price History

04/15/2024
CRMLS

CRMLS #TR24073927

Listed
$1,890,000
+30.34%
05/18/2018
CRMLS

CRMLS #V0-218003744

Sold
$1,450,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

East West Bank

Loan start date

May 2018

Original loan amount

$766,000

Est. remaining balance

Not provided

Interest rate

3.68%

Loan type

Commercial

Seller

Sy & Ym Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/04/2024 at 7:20 PM

Listing updated: 09/30/2024 at 12:17 PM

Listed by: Sheng Wang, Century Commercial RE Services Phone #: (909) 860-8100

MLS: CRMLS #TR24073927

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