NOT LISTED FOR SALE

8425 Birchbark Ave Pico Rivera, CA 90660

17 Beds
10 Baths
7,805 Sq Ft
10,822 Sq Ft Lot

Last Sold November 25, 2022

Last sale price $2,500,000 $320 Per Sq Ft

55 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • 6 Detached Carport Spaces

About This Home

As of November 2022

GREAT MULTI-UNIT INVESTMENT OPPORTUNITY IN PRIME LOCATION OF PICO RIVERA! 8 unit Garden Low Rise Apartment Complex. Front unit is a 2 story, 3 bedroom, 2.5 bath, Condo Style, with attached garage with its own laundry room inside. The other 7 units are all 2 bedroom, 1 bath, with separate detached garages and/or carports. Onsite laundry room with a coin washer and dryer downstairs. Easy access to Freeway 5/605. Unique property investment with huge upside. Not many more like this in the marketplace. Make your offers before it's gone.

Last Agent to Sell the Property

Michelle Tsang

MGR REAL ESTATE, INC. License #01992330 Listed on: 07/10/2022

MGR REAL ESTATE, INC.

Co-Listed By

Warren Tsang

MGR REAL ESTATE, INC. License #01993434

Last Buyer's Agent

Eloy Villamil

ROA California Inc. License #01799836

ROA California Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 10,822 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 10 Car Garage
  • 6 Detached Carport Spaces
  • Parking Available

Home Design

  • Apartment
  • Flat Roof Shape
  • Asphalt Roof

Interior Spaces

  • 7,805 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Standard Electricity
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 6368
  • Tax Tract Number 7948
  • Assessor Parcel Number 6368016022

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $552
  • Fuel Expense $1,997
  • Gardener Expense $600
  • Insurance Expense $3,242
  • Trash Expense $3,272
  • Water Sewer Expense $5,390
  • Operating Expense $22,293
  • Gross Income $161,976
  • Net Operating Income $106,083

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

10

Listing Details

  • Other Phone Description: 9512838868
  • Price Per Unit: 350000
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 5390.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6368016022
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 320.31

Exterior Features

  • Fence: No
  • Pool Private: No
  • Roof: Asphalt, Flat
  • Spa: No

Garage/Parking

  • Carport Spaces: 6.00
  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 3272.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 10822.00
  • Lot Size Acres: 0.2484

Multi Family

  • Average2 Bed Area: 850 Square Feet
  • Electric Expense: 552.00
  • Fuel Expense: 1997.00
  • Gross Income: 161976.00
  • Gross Scheduled Income: 161976.00
  • Insurance Expense: 3242.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1200.00
  • Lot Size Area: 10822.0000 Square Feet
  • Net Operating Income: 106083.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 8
  • Operating Expense: 22293.00
  • Rent Control: No
  • Total Actual Rent: 11548.00
  • Total Expenses: 22293.00

Tax Info

  • Tax Lot: 6368
  • Tax Tract Number: 07948

Range of Values:

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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
11/25/2022 11/25/22 Sold $2,500,000 -10.7% $320 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
07/10/2022 07/10/22 For Sale $2,800,000 -- $359 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michelle Tsang

    Seller's Agent in 2022

    Michelle Tsang

    MGR REAL ESTATE, INC.

    (951) 283-8868

    2 in this area

    10 Total Sales

    Michelle Tsang
    Section Image
  • Warren Tsang

    Seller Co-Listing Agent in 2022

    Warren Tsang

    MGR REAL ESTATE, INC.

    (951) 283-1888

    2 in this area

    7 Total Sales

    Warren Tsang
    Section Image
  • Eloy Villamil

    Buyer's Agent in 2022

    Eloy Villamil

    ROA California Inc.

    (562) 444-3800

    4 in this area

    172 Total Sales

    Eloy Villamil
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22149736

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Pico Rivera 90660

8425 Birchbark Ave, Pico Rivera, CA

This home is located at 8425 Birchbark Ave, Pico Rivera, CA 90660 since 10 July 2022. This property was built in 1964. 8425 Birchbark Ave is a home located in Los Angeles County with nearby schools including Magee Academy of Arts & Sciences, The STEAM Academy @ Burke, and El Rancho High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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