Pico Rivera, CA 90660,5101 Lindsey AVE
Pico Rivera, CA 90660,5101 Lindsey AVE
Pico Rivera, CA 90660,5101 Lindsey AVE
Pico Rivera, CA 90660,5101 Lindsey AVE
Pico Rivera, CA 90660,5101 Lindsey AVE
Pico Rivera, CA 90660,5101 Lindsey AVE
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$1,450,000

$1,495,000

3.0%
Est.Price: ?

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Est. payment /mo

5,227 Sqft Lot


SOLD DATE : 05/18/2018

Key Details

Sold Price $1,450,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID V0-218003744

Sold Date 05/18/18

HOA Y/N No

Year Built 1928

Lot Size 5,227 Sqft

Property Description

Well maintained 1928 built 6-unit apartment complex located on a corner lot in a quiet neighborhood of Pico Rivera. No rent control. Only 1 block away from Home Depot anchored Crossroads Plaza shopping center and on same street as newly built homes offered for sale at $699,000. Consists of 2-story 4plex in front with (4) 2BD/ 1BA units and duplex in rear with (2) 1BD/ 1 BA units situated over (2) 2-car garages. 2 water heaters, 7 electric meters and 5 gas meters (owner pays gas for tenants in duplex and laundry usage). Garages currently rented out, tenants park on street. Onsite laundry room with 2 sets of owners supplied washer/dryers. Over $125k spent on capital improvements in recent years including: exterior stucco and paint, dual pane windows, new sewer and water lines, electrical rewire, new water heaters, exterior stairways, metal garage doors, brick walkway and bathrooms remodeled. $8,300/month current rents, market rents approximately $9,500. 5.0% CAP rate on pro forma rents.

Location

State CA

County Los Angeles

Zoning PRSF*

Interior

Flooring Carpet

Fireplace No

Appliance NoHotWater

Laundry CommonArea

Exterior

Garage Spaces 4.0

Garage Description 4.0

Total Parking Spaces 4

Building

Lot Description CornerLot

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 6377002016

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nicholas Henry • Beachside Partners
Bought with Non Member • Non-member Office
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6 Jenner, Unit # 250, Irvine, CA, 92618

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