Edward Rodarte
INTERO REAL ESTATE SERVICES
(562) 273-1469
42 Total Sales
1 in Pico Rivera
$650,000 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
- Cooling System Mounted To A Wall/Window
- Laundry Facilities
- Opelika High School Rated A-
- 6 Detached Carport Spaces
- Wall Furnace
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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2022
Closed on
Nov 15, 2022
Sold by
Bought by
Seller's Agent
Michelle Tsang
MGR REAL ESTATE, INC.
Buyer's Agent
Eloy Villamil
ROA California Inc.
List Price
$2,800,000
Sold Price
$2,500,000
Premium/Discount to List
-$300,000
-10.71%
Views
17
Purchase Details
Closed on
Oct 22, 2014
Sold by
Bought by
Purchase Details
Closed on
Sep 4, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.4%
Mortgage Type
Commercial
Purchase Details
Closed on
May 28, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.27%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 12, 2004
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Pico Rivera, CA
-
Edward Rodarte
-
Cynthia Seddon
Cynthia Seddon
KELLER WILLIAMS EMPIRE ESTATES
(951) 848-5774
53 Total Sales
2 in Pico Rivera
$710,000 Price Range
-
Sal Salinas
Sal Salinas
RE/MAX Galaxy
(323) 827-7679
51 Total Sales
2 in Pico Rivera
$220,000 Price Range
-
Aaron Aalcides
Aaron Aalcides
Epique Realty
(424) 344-4752
62 Total Sales
1 in Pico Rivera
$665,000 Price
-
DeeDee Bandak
DeeDee Bandak
eXp Realty of Southern California, Inc
(949) 401-6146
10 Total Sales
1 in Pico Rivera
$545,000 Price
-
Gonzalo Gomez
Gonzalo Gomez
EXCELLENCE RE REAL ESTATE
(562) 414-5730
39 Total Sales
1 in Pico Rivera
$660,000 Price
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 | ||
| -- | None Available | ||
| $1,380,000 | Chicago Title Co | ||
| -- | -- | ||
| -- | -- |
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 | $520,000 | ||
| Previous Owner | $840,000 | ||
| Previous Owner | $225,000 | ||
| Previous Owner | $157,000 | ||
| Previous Owner | $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 |
|---|---|---|---|---|
| 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
120 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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