Century Commercial RE Services
Listed by Century Commercial RE Services
$1,720,000
5101 Lindsey Avenue
Details
APN 6377002016
Property Type Multifamily
Sub Type Apartment Building
Units 6
Cap Rate 4.70%
Buildings 2
Stories 2
Acreage 0.122
Zoning Assessor
Multifamily | 4.70% CAP | 6 Units
Marketing description
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 $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 Contacts
Century Commercial RE Services
Listed by Century Commercial RE Services
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