$1,418,000
SOLD AUG 22, 2019

4632 Walnut Ave Pico Rivera, CA 90660

10 Beds
6 Baths
4,452 Sq Ft
0.38 Acres

Recently Sold

$319 Per Sq Ft

9% Below List Price

81 Days on Market

Highlights

  • 16,672 Sq Ft lot
  • 6 Car Garage
  • 1-Story Property

About This Home

As of January 2020

Presenting, a truly rare opportunity available For Sale situated in the beautiful city of Pico Rivera. A chance to acquire 6 Units located near several large shopping centers, schools, and employment opportunities for tenants. All are single story units (4) 2BD/ 1BA and (2) 1BD/ 1BA and separately metered for gas and electricity. Each unit also has its own garage and additional permitted street parking spaces for tenants. The property sits on a large 16,672 sq ft lot with the potential for bedroom additions. Also situated at the end of a closed street for the perfect, private location. Investors dream property with an excellent source of revenue and no rent control. Don't miss out on owning this property!

Last Agent to Sell the Property

Pedro Camalich

eXp Realty of California Inc License #01912729

eXp Realty of California Inc

Last Buyer's Agent

Enrique Lizarazu

COMPASS License #00691382

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Parking

  • 6 Car Garage

Interior Spaces

  • 4,452 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Additional Features

  • 0.38 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 6374-002-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Presenting, a truly rare opportunity available For Sale situated in the beautiful city of Pico Rivera. A chance to acquire 6 Units located near several large shopping centers, schools, and employment opportunities for tenants. All are single story units (4) 2BD/ 1BA and (2) 1BD/ 1BA and separately metered for gas and electricity. Each unit also has its own garage and additional permitted street parking spaces for tenants. The property sits on a large 16,672 sq ft lot with the potential for bedroom additions. Also situated at the end of a closed street for the perfect, private location. Investors dream property with an excellent source of revenue and no rent control. Don't miss out on owning this property!
  • Living Area: 4452
  • Probate: Yes
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 325.70

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 6
  • Parking Garage: Garage, Parking Space
  • Total Parking: 9

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 280368
  • Assessed Land Value: 263876
  • Assessor Parcel Number: 6374-002-007
  • Geocode Override: No
  • Lot Size Area: 16672

Rental Info

  • Court Approve: Yes
  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 16.56
  • Number Of Units: 6
  • Total Annual Expense: 24193
  • Type Of Units: Residential
  • Vacancy Rate: 5%

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $1,875,000 -5.8% $421 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
12/16/2019 12/16/19 Price Changed $1,990,000 +1.0% $447 / Sq Ft
10/17/2019 10/17/19 For Sale $1,970,000 +38.9% $442 / Sq Ft
08/22/2019 08/22/19 Sold $1,418,000 -2.2% $319 / Sq Ft
05/10/2019 05/10/19 Price Changed $1,450,000 -6.5% $326 / Sq Ft
03/08/2019 03/08/19 For Sale $1,550,000 -- $348 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 19-442196

The MLS