Pedro Torres Jr.
First Class Platinum Brokers
(562) 392-3404
121 Total Sales
1 in Pico Rivera
$685,000 Price
8425 Birchbark Ave Pico Rivera, CA 90660
Pico Rivera Area
17
Beds
10
Baths
7,805
Sq Ft
10,822
Sq Ft Lot
Highlights
- No HOA
- 6 Detached Carport Spaces
- Wall Furnace
- Opelika High School Rated A-
- Laundry Facilities
About This Home
As of November 2022GREAT 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
MGR REAL ESTATE, INC. License #01992330 Listed on: 07/10/2022
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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
- Leased Washer and Dryer
Bedrooms and Bathrooms
- 17 Bedrooms
- 10 Bathrooms
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Pico Rivera, CA
-
Pedro Torres Jr.
-
Jared Nuñez
Jared Nuñez
Alchemy Realty Inc
(562) 568-7742
142 Total Sales
1 in Pico Rivera
$637,000 Price
-
Julia Jae
Julia Jae
Responds QuicklyDream Realty & Investments Inc
(626) 314-6250
24 Total Sales
1 in Pico Rivera
$900,000 Price
-
Carlos Barron
Carlos Barron
T.N.G. Real Estate Consultants
(657) 385-7956
83 Total Sales
1 in Pico Rivera
$1,175,000 Price
-
Roseann Oesterreich
Roseann Oesterreich
Coldwell Banker Envision
(424) 306-0403
30 Total Sales
1 in Pico Rivera
$720,000 Price
-
Laura Dandoy
Laura Dandoy
The Real Estate Resource Group
(626) 784-4821
256 Total Sales
2 in Pico Rivera
$599K - $710K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,500,000 | Orange Coast Title | ||
| Tsang Family Trust | -- | None Available | |
| Tsang Warren | $1,380,000 | Chicago Title Co | |
| Guzman Ramiro | -- | -- | |
| Guzman Ramiro | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $900,000 | ||
| Previous Owner | Tsang Warren | $520,000 | |
| Previous Owner | Tsang Warren | $840,000 | |
| Previous Owner | Guzman Ramiro | $225,000 | |
| Previous Owner | Guzman Ramiro | $157,000 | |
| Previous Owner | Guzman Ramiro | $585,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $35,743 | $2,653,019 | $1,910,174 | $742,845 |
| 2025 | $35,743 | $2,601,000 | $1,872,720 | $728,280 |
| 2024 | $33,766 | $2,550,000 | $1,836,000 | $714,000 |
| 2023 | $32,855 | $2,500,000 | $1,800,000 | $700,000 |
| 2022 | $22,779 | $1,708,094 | $990,201 | $717,893 |
| 2021 | $22,485 | $1,674,603 | $970,786 | $703,817 |
| 2019 | $22,439 | $1,624,936 | $941,993 | $682,943 |
| 2018 | $21,792 | $1,593,075 | $923,523 | $669,552 |
| 2016 | $19,600 | $1,531,215 | $887,662 | $643,553 |
| 2015 | $20,243 | $1,508,216 | $874,329 | $633,887 |
| 2014 | $15,908 | $1,200,000 | $769,200 | $430,800 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Tsang
Seller's Agent in 2022
Michelle Tsang
MGR REAL ESTATE, INC.
(951) 283-8868
9 Total Sales
-
Warren Tsang
Seller Co-Listing Agent in 2022
Warren Tsang
MGR REAL ESTATE, INC.
(951) 283-1888
6 Total Sales
-
Eloy Villamil
Buyer's Agent in 2022
Eloy Villamil
ROA California Inc.
(562) 444-3800
116 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV22149736
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.
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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