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Next to the City of Whittier. Easy - Maintained 6-unit Apartment Located on a Corner Lot (Lindsey Ave & Verner St) in a desirable neighborhood of Pico Rivera. Consists of a 2-story 4-Plex in front with (4) 2BD/1 BA units and a Duplex in the rear with (2) 1BD/1 BA units situated over (2) 2-car Garages. 4-Plex In the Front Plus Duplex at the Back (9148 #A & 9148 #B Verner St) which the back Duplex has been renovated. Annual Schedule Gross Income is $128,100.00 Plus Additional Garage Rental Annual Income $ 4,800.00 ; Annual Expense with Property Tax, Insurance, and All Utilities is $ 44,352.00; Annual Schedule Net Operating Income is $ 88,548.00. Annual Proforma Schedule Gross Income Approx. $132,900.00 . There are 2 Water Heaters, 7 Electric Meters, and 5 Gas Meters (The owner pays for gas for tenants in Duplex and Laundry usage). Garages are currently rented out ( $100 Per Month Per Garage ), tenants park on the street. Onsite Laundry Room with 2 sets of Owner's owner-supplied washers/dryers. Dual Pane Windows, New Sewer, Water Lines, Newer Water Heaters, and Exterior Stairways, The Duplex has fully Renovated Flooring and stairs. Property Close to the Freeway and has many Stores, a Shopping Center, and a Gas Station nearby. The Bus Station is within walking distance of the property.
Property Type(s):
Residential Income
| Last Updated | 4/17/2024 | Year Built | 1928 |
|---|---|---|---|
| Community | Pico Rivera | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | Pico Rivera |
| GARAGE | Yes |
| HOA DUES | 0 |
| LOT | 5297 sq ft |
| LOT DESCRIPTION | Corner Lot |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Century Commercial RE Services
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