Aaron Aalcides
Epique Realty
(424) 344-4752
62 Total Sales
1 in Pico Rivera
$665,000 Price
8729 Olympic Blvd Pico Rivera, CA 90660
Pico Rivera Area
17
Beds
6
Baths
6,469
Sq Ft
0.49
Acre Lot
About This Home
As of March 2025GREAT MULTI-UNIT INVESTMENT OPPORTUNITY IN PRIME LOCATION OF PICO RIVERA! 6 unit one story duplex style complex in the heart of Pico Rivera. Both front units are freestanding single family units and back units are duplexes on a huge 20,000+ sf lot. This property is on a 0.49 acre lot and has great potential for redevelopment. Unique property investment with huge upside and not many like this in the marketplace. DO NOT MISS OUT ON THIS DEAL!
Last Agent to Sell the Property
MGR REAL ESTATE, INC. Brokerage Email: mtsang@mgrrealestate.com License #01992330 Listed on: 10/29/2024
Co-Listed By
MGR REAL ESTATE, INC. Brokerage Email: mtsang@mgrrealestate.com License #01993434
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1943
Lot Details
- 21,181 Sq Ft Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 6,469 Sq Ft Home
- 1-Story Property
- Laundry in Kitchen
Bedrooms and Bathrooms
- 17 Bedrooms
- 6 Bathrooms
Parking
- 4 Parking Spaces
- 4 Carport Spaces
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 11239
- Assessor Parcel Number 6374033006
- $2,672 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $6,078
- Trash Expense $5,067
- Water Sewer Expense $2,400
- Operating Expense $21,722
- Gross Income $156,768
- Net Operating Income $107,283
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
Oct 29, 2024
Closed on
Mar 10, 2025
Sold by
Bought by
Seller's Agent
Michelle Tsang
MGR REAL ESTATE, INC.
Buyer's Agent
Canbin Lin
Treelane Realty Group Inc.
List Price
$2,400,000
Sold Price
$2,300,000
Premium/Discount to List
-$100,000
-4.17%
Views
21
Purchase Details
Closed on
Oct 22, 2014
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Pico Rivera, CA
-
Aaron Aalcides
-
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
-
George Cordova
George Cordova
EXP REALTY OF CALIFORNIA INC
(626) 602-2962
52 Total Sales
2 in Pico Rivera
$775,000 Price Range
-
MEGANN CENTENO
MEGANN CENTENO
OMEGA REAL ESTATE
(951) 339-3935
319 Total Sales
1 in Pico Rivera
$500,000 Price
-
Lynsey Russell
Lynsey Russell
Keller Williams Pacific Estate
(424) 349-4623
122 Total Sales
1 in Pico Rivera
$750,000 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 |
|---|---|---|---|
| $2,300,000 | Orange Coast Title Company | ||
| -- | None Available |
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 | $800,000 | ||
| Previous Owner | $1,000,000 | ||
| Previous Owner | $575,000 | ||
| Previous Owner | $375,000 | ||
| Previous Owner | $280,000 |
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 |
|---|---|---|---|---|
| 03/18/2025 03/18/25 | Sold | $2,300,000 | 0.0% | $356 / Sq Ft |
| 12/18/2024 12/18/24 | Pending | -- | -- | -- |
| 12/18/2024 12/18/24 | Off Market | $2,300,000 | -- | -- |
| 10/29/2024 10/29/24 | For Sale | $2,400,000 | -- | $371 / 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 | $11,858 | $690,252 | $524,499 | $165,753 |
| 2024 | $10,853 | $676,718 | $514,215 | $162,503 |
| 2023 | $10,594 | $663,450 | $504,133 | $159,317 |
| 2022 | $10,183 | $650,443 | $494,249 | $156,194 |
| 2021 | $10,028 | $637,690 | $484,558 | $153,132 |
| 2020 | $10,144 | $631,152 | $479,590 | $151,562 |
| 2019 | $9,992 | $618,778 | $470,187 | $148,591 |
| 2018 | $9,508 | $606,646 | $460,968 | $145,678 |
| 2016 | $8,566 | $583,091 | $443,069 | $140,022 |
| 2015 | $9,385 | $574,333 | $436,414 | $137,919 |
| 2014 | $8,368 | $563,084 | $427,866 | $135,218 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Tsang
Seller's Agent in 2025
Michelle Tsang
MGR REAL ESTATE, INC.
(951) 283-8868
9 Total Sales
-
Warren Tsang
Seller Co-Listing Agent in 2025
Warren Tsang
MGR REAL ESTATE, INC.
(951) 283-1888
6 Total Sales
-
Canbin Lin
C
Buyer's Agent in 2025
Canbin Lin
Treelane Realty Group Inc.
(626) 376-2999
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV24222826
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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