5101 Lindsey Avenue

Pico Rivera, CA 90660

$1,890,000
Price
7
Beds
6
Baths
4,742 Sq. Ft.
$399 / Sq. Ft.
4,742
Sq. Ft.
$399
per Sq. Ft.

Description

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,...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. 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.
  1. Listed by Sheng Wang • DRE #01772547 • Brokerage DRE #01059667 • Century Commercial RE Services

Property Details for 5101 Lindsey Avenue

Parking Spaces Total
2
Private Pool
No
Cooling Type
None
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4742
Assessor Parcel Number
6377-002-016

Location

Listing Courtesy of Century Commercial RE Services, Sheng Wang, DRE #01772547
Add your commute
LISTING UPDATED: 04/17/2024 03:56 PM

Property Details for 5101 Lindsey Avenue

StatusActive
MLS #TR24073927
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1928
Lot Size0.12 AC / 5,297 SF
CountyLos Angeles County

Location

Listing Courtesy of Century Commercial RE Services, Sheng Wang, DRE #01772547
Add your commute

Building Information for 5101 Lindsey Avenue

Stories2Residences-Year Built1928Building Size-Lot Size0.12 AC / 5,297 SF

Payment Calculator

$12,227 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,315

Property Taxes

$1,912

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5101 Lindsey Avenue

Rental Info
Rental Info
  • Lease Term: Month To Month
Income / Expense / Tax Details
Income Details
  • Gross Income: $115,860
  • Gross Scheduled Income: $115,860
  • Gross Operating Income: $115,860
  • Net Operating Income: $71,508
  • Number Of Rented Garages: 2
  • Garage Rental Rate: $200
  • Garage Income: $4,800
Expense Details
  • Operating Expense: $44,352
  • New Taxes Expense: $22,437
  • Gardener Expense: $1,200
  • Fuel Expense: $4,037
  • Electric Expense: $1,648
  • Insurance Expense: $6,975
  • Professional Management Expense: $5,400
  • Trash Expense: $0
  • Water Sewer Expense: $2,655
  • Total Expenses: $44,352
Tax / Assessment Info
  • Tax Tract Number: 7582
  • Tax Lot: 42
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
Exterior Features
  • Entry Location: Front Yard
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Corner Lot
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,725
  • Unit Type Total Rent: $1,725
  • Unit Type Pro Forma: 1845
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,670
  • Unit Type Total Rent: $1,670
  • Unit Type Pro Forma: 1787
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,680
  • Unit Type Total Rent: $3,360
  • Unit Type Pro Forma: 3595
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,350
  • Unit Type Total Rent: $2,700
  • Unit Type Pro Forma: 2890
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 2

Property History for 5101 Lindsey Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5101 Lindsey Avenue

Taxable ValueLand$1,014,902Additions$570,881Total$1,585,783
Tax Record2023$22,949 ($1,912 / month)
Home Facts
Total Finished SqFt4,742 SqFtAbove Grade Finished SqFt4,742 SqFtLot Size5,295 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningPRSF*CountyLOS ANGELESAPN6377-002-016

Schools near 5101 Lindsey Avenue

This home is within El Rancho Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
South Ranchito Elementary School
PublicK to 5

North Park Middle School
Public6 to 8

El Rancho High School
Public9 to 12

Ruben Salazar Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5101 Lindsey Avenue is a mixed use property for sale in Pico Rivera, CA 90660. This property was listed for sale on April 15, 2024 by Century Commercial RE Services, it's currently listed at $1,890,000. It has been on the market for a total of 14 days and was last sold on April 12, 2018. This listing's school district is El Rancho Unified School District. Nearby schools include South Ranchito Elementary School, North Park Middle School and El Rancho High School. 5101 Lindsey Avenue is a 7-bed, 6-bath, 4,742 sqft mixed use property built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century Commercial RE Services, Sheng Wang, DRE #01772547

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.