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. 4Plex 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 $115,860; Annual Expense with Property Tax, Insurance, and All Utilities is $ 44,352; Annual Schedule Net Operating Income is $ 71,509. Annual Proforma Schedule Gross Income Approx. $123,970 . 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 :
Residential Income
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/06/2024 @ 17:02
MLS: TR24073927
LISTED BY: Sheng Wang, Century Commercial RE Services
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
