$1,750,000

5101 Lindsey Ave Pico Rivera, CA 90660

Estimated payment $11,684/month

Total Views 20,652
7 Beds
5 Baths
4,742 Sq Ft
$369 Price per Sq Ft

Highlights

  • Peek-A-Boo Views
  • No HOA
  • Laundry Room
  • Corner Lot

About This Home

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.

Listing Agent

Teresa Wang

Century Commercial RE Services Brokerage Phone: 626-500-5789 License #01772547

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $23,221

Year Built

  • Built in 1928

Lot Details

  • 5,297 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 4,742 Sq Ft Home
  • 2-Story Property
  • Peek-A-Boo Views
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 7582
  • Assessor Parcel Number 6377002016

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,648
  • Fuel Expense $4,037
  • Gardener Expense $1,200
  • Insurance Expense $6,975
  • Professional Management Expense $5,400
  • Water Sewer Expense $2,655
  • New Taxes Expense $22,437
  • Operating Expense $44,532
  • Gross Income $134,280
  • Net Operating Income $44,352

Property Details

Home Type

Apartment

Est. Annual Taxes

$23,221

Year Built

Built in 1928

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 5.13
  • Other Phone Description: 6265005789
  • Price Per Unit: 291667
  • Professional Management Expense: 5400.00
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 2655.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 6377002016
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 369.04

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5297.00
  • Lot Size Acres: 0.1216

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 1648.00
  • Fuel Expense: 4037.00
  • Gross Income: 134280.00
  • Gross Operating Income: 134280.00
  • Gross Scheduled Income: 131280.00
  • Insurance Expense: 6975.00
  • Lot Size Area: 5297.0000 Square Feet
  • Net Operating Income: 44352.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 89928.00
  • Rent Control: Yes
  • Total Expenses: 44532.00

Tax Info

  • New Taxes Expense: 22437.00
  • Tax Lot: 42
  • Tax Tract Number: 7582

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $23,221 $1,585,800 $1,015,000 $570,800
2023 $22,949 $1,585,783 $1,014,902 $570,881
2022 $21,924 $1,554,690 $995,002 $559,688
2021 $21,369 $1,524,207 $975,493 $548,714
2019 $21,261 $1,479,000 $946,560 $532,440
2018 $14,023 $918,790 $657,856 $260,934
2016 $12,688 $883,113 $632,311 $250,802
2015 $12,509 $869,849 $622,814 $247,035
2014 $12,375 $852,810 $610,614 $242,196
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 For Sale $1,750,000 +20.7% $369 / Sq Ft
05/18/2018 05/18/18 Sold $1,450,000 -3.0% $317 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $1,495,000 -- $327 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Deed History

Date Type Sale Price Title Company
Grant Deed -- Accommodation/Courtesy Recordi
Grant Deed -- Accommodation/Courtesy Recordi
Grant Deed $1,450,000 Chicago Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $750,000 Orange Coast Title
Gift Deed -- --
Trustee Deed $143,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $766,000 Commercial
Previous Owner $766,000 Commercial
Previous Owner $650,000 Commercial
Previous Owner $436,785 Commercial
Previous Owner $525,000 Commercial
Previous Owner $143,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25071608

California Regional Multiple Listing Service (CRMLS)

APN: 6377-002-016