Description
Next to City of Whittier. Well Maintained 6-Unit Apartment Located on a Corner Lot (Lindsey Ave & Verner St) in a quiet neighborhood of Pico Rivera. Consists of 2-story 4-Plex in front with (4) 2BD/1 BA units and Duplex in 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 have been renovated. Annual Schedule Gross Income $102,600; Annual Expense with Property Tax, Insurance, and All Utilities is $37,726; Annual Schedule Net Operating Income $ 64,874. Annual Proforma Schedule Gross Income $110,808 in year 2023. There are 2 Water Heaters, 7 of 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 Owner's supplied washer/dryers. Dual Pane Windows, New Sewer, and Water Lines, Newer Water Heaters, Exterior Stairways, Duplex has fully Renovated Flooring, Stairs. Property Close to Freeway and has many Stores, Shopping Center and Gas Station nearby. Bus Station is walking distance to the property.
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Next to City of Whittier. Well Maintained 6-Unit Apartment Located on a Corner Lot (Lindsey Ave & Verner St) in a quiet neighborhood of Pico Rivera. Consists of 2-story 4-Plex in front with (4) 2BD/1 BA units and Duplex in 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 have been renovated. Annual Schedule Gross Income $102,600; Annual Expense with Property Tax, Insurance, and All Utilities is $37,726; Annual Schedule Net Operating Income $ 64,874. Annual Proforma Schedule Gross Income $110,808 in year 2023. There are 2 Water Heaters, 7 of 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 Owner's supplied washer/dryers. Dual Pane Windows, New Sewer, and Water Lines, Newer Water Heaters, Exterior Stairways, Duplex has fully Renovated Flooring, Stairs. Property Close to Freeway and has many Stores, Shopping Center and Gas Station nearby. Bus Station is walking distance to the property.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-01T15:35:57.457. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.