Est. cap rate

2.2%

Assumed rent, all units

$8,340/mo

Units

3

Price per unit

$750,000

Est. annual NOI

$50,040

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

6

Building size

4,504 sqft

Lot size

12,254 sqft

Year built

1947

Stories

2

Garage spaces

0

Style

Contemporary

Heating

Wall Furnace

Cooling

None

Pool

None

View

Mountain(s),City Lights,Neighborhood

Status

Active

Days on market

97

MLS #

242713859

About this property

Six-Unit Multifamily Investment Opportunity in Pico Rivera! Offered for the first time in over 40 years, this well-maintained six-unit property presents an exceptional opportunity to acquire a multifamily asset in one of Southeast Los Angeles County’s established rental markets. The property features approximately 4,504 square feet of building area situated on a generous 12,254-square-foot lot. The roofs on all six units were replaced approximately three years ago, adding significant value and reducing a major near-term expense for the new owner. Conveniently located less than one mile from the I-605 Freeway and near Whittier Boulevard, the property offers easy access to surrounding cities, shopping, dining, transportation, and major employment centers. With a population of approximately 60,000 residents, Pico Rivera benefits from steady housing demand and a strategic location within Los Angeles County. Six-unit properties are rarely offered in this tightly held market, making this a unique opportunity for investors seeking an income-producing asset with immediate leasing potential and long-term upside..

Location

4918 Tobias Avenue

Pico Rivera, Los Angeles, CA, 90660