Pico Rivera (649) Homes with Apartment Subtype

Welcome to Pico Rivera, a vibrant city nestled in the heart of Los Angeles County, California. Known for its rich cultural heritage and welcoming community, Pico Rivera offers a unique blend of suburban charm and urban convenience. With its strategic location just 12 miles southeast of downtown Los Angeles, residents enjoy easy access to the bustling city while relishing the tranquil atmosphere of their hometown.

Pico Rivera is characterized by its diverse neighborhoods, each offering a variety of housing options to suit different lifestyles and budgets. Among these options, homes with an apartment subtype are particularly appealing for those seeking versatility and income potential. These properties often feature a primary residence alongside an attached or separate apartment, making them ideal for multi-generational living or as a rental opportunity.

Imagine living in a spacious home while generating additional income from the apartment unit, or perhaps hosting family members in a comfortable, private space. The demand for rental properties in Pico Rivera is robust, thanks to its proximity to major employment centers, schools, and parks, making these homes a smart investment choice.

The city is also home to a variety of amenities, including shopping centers, parks, and recreational facilities, ensuring that residents have everything they need right at their fingertips. Whether you’re looking to settle down or invest, Pico Rivera’s homes with an apartment subtype present an excellent opportunity to embrace the California lifestyle while enjoying the benefits of community living. Come explore what makes Pico Rivera a wonderful place to call home!

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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