Pico Rivera (649) Homes with Apartment Subtype

Welcome to Pico Rivera, California, a vibrant city nestled in the heart of Los Angeles County. Known for its rich cultural heritage and strong community spirit, Pico Rivera offers a unique blend of suburban charm and urban convenience. This thriving locale boasts a diverse population, an array of parks, and a variety of recreational activities, making it an ideal place for families and individuals alike.

One of the standout features of Pico Rivera is its housing market, particularly homes with an apartment subtype. These properties are perfect for those seeking a multifamily living arrangement or an investment opportunity. With the rising demand for rental units, owning a home with an apartment can provide both a comfortable living space and a steady income stream. Imagine living in a beautifully designed home while enjoying the benefits of a separate rental unit, all within the same property.

Pico Rivera's homes with apartment subtypes often come equipped with modern amenities, spacious layouts, and easy access to local attractions. Residents can explore the charming downtown area, filled with shops, dining options, and cultural events. The city's strategic location also offers quick access to major freeways, making commuting to Los Angeles and surrounding areas a breeze.

Whether you’re a first-time homebuyer, an investor, or simply looking for a place to call home, Pico Rivera's multifamily properties present an exciting opportunity. Discover the charm and convenience of this remarkable city, where community and comfort come together seamlessly. Your dream home awaits in Pico Rivera!

Newest Pico Rivera (649) Homes with Apartment Subtype

$1,720,000

TR26025646 MLS ⋅ Active Status

Next to the City of Whittier. Easy - Maintained 6-unit Apartment Located on a Corner Lot (Lindsey Ave & Verner St) ( APN #: 6377-002-016) in a desirable neighborhood of Pico Rivera. Consists of a 2-story 4-Plex in the front with 2BD/1 BA Each units and a Duplex in the rear with 1BD/1 BA Each units situated over 2 of 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 $130,440 Includes Additional Schedule Garage Rental Annual Income $ 1,200 ; Annual Expense with Property Tax, Insurance, and All Utilities is $ 49,627; Annual Schedule Net Operating Income is $ 89,928. Annual Proforma Schedule Gross Income Approx. $130,440 . There are 2 Water Heaters, 5 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 washers/dryers. Currently 3 Units which have renovated . The Duplex has 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.

5101 Lindsey Avenue, Pico Rivera

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