4918 Tobias Avenue, Pico Rivera, CA 90660
- $2,250,000
- List Price
- $2,250,000
- Status
- ACTIVE
- MLS#
- CV26114549
- Year Built
- 1947
- Lot Size
- 12,254
- Acres
- 0.28
- Lot Location
- 0-1 Unit/Acre, Near Park, Near Public Transit, Rectangular Lot, Walkstreet
- Days on Market
- 103
- Property Type
- Multifamily
- Style
- Contemporary
- Property Sub Type
- Triplex
Property Description
Six-Unit Multifamily Investment Opportunity in Pico Rivera! Offered for the first time in over 40 years, this well-maintained six-unit property presents an exceptional opportunity to acquire a multifamily asset in one of Southeast Los Angeles County’s established rental markets. The property features approximately 4,504 square feet of building area situated on a generous 12,254-square-foot lot. The roofs on all six units were replaced approximately three years ago, adding significant value and reducing a major near-term expense for the new owner. Conveniently located less than one mile from the I-605 Freeway and near Whittier Boulevard, the property offers easy access to surrounding cities, shopping, dining, transportation, and major employment centers. With a population of approximately 60,000 residents, Pico Rivera benefits from steady housing demand and a strategic location within Los Angeles County. Six-unit properties are rarely offered in this tightly held market, making this a unique opportunity for investors seeking an income-producing asset with immediate leasing potential and long-term upside..
Additional Information
- Appliances
- Water Heater
- Pool Description
- None
- Fireplace Description
- Family Room, None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- City Lights, Mountain(s), Neighborhood
- Exterior Construction
- Drywall, Frame, Stucco
- Roof
- Composition
- Sewer
- Public Sewer, Sewer Tap Paid
- Water
- Private
- Attached Structure
- Detached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $9,095
- Operating Expense
- 300
Listing courtesy of Listing Agent: Rosalba Farias (rosalba@mslapuente.com) from Listing Office: RE/MAX CHAMPIONS.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.