Pico Rivera, CA 90660,5101 Lindsey AVE
Pico Rivera, CA 90660,5101 Lindsey AVE
Pico Rivera, CA 90660,5101 Lindsey AVE
12
$1,450,000
$1,495,000
3.0%
Est.Price: ?

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5,227 Sqft Lot

5101 Lindsey AVE Pico Rivera, CA 90660

Est. payment /mo
SOLD DATE : 05/18/2018

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Key Details

Sold Price $1,450,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID V0-218003744

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

Laundry CommonArea

Exterior

Garage Spaces 4.0

Garage Description 4.0

Building

Lot Description CornerLot

Story 2

Others

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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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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