4918 Tobias, Pico Rivera, CA 90660

$2,250,000

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List Price
$2,250,000
Status
ACTIVE
MLS#
CV26116623
Year Built
1947
Lot Size
6,180
Acres
0.14
Lot Location
0-1 Unit/Acre, Front Yard, Near Park, Near Public Transit, Rectangular Lot, Street Level, Walkstreet, Yard
Days on Market
103
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

Six-Unit Multifamily Investment Opportunity in Pico Rivera 4920–4918 Tobias Avenue, Pico Rivera, CA 90660 First time offered for sale in over 40 years. This six-unit multifamily asset presents investors with a compelling opportunity to acquire a well-maintained income property with existing cash flow, immediate lease-up potential, and long-term value-add upside. The property consists of approximately 4,504 square feet of building area situated on an approximately 12,254-square-foot lot. The roofs on all six units were replaced approximately three years ago, reducing a significant near-term capital expenditure. The property has been well maintained under long-term ownership and offers multiple opportunities to improve overall performance and maximize rental income. Strategically located less than one mile from the I-605 Freeway and near Whittier Boulevard, the property provides convenient access to surrounding communities, major employment centers, shopping, dining, and transportation. With limited availability of comparable multifamily assets in Pico Rivera, this offering is well suited for investors seeking an income-producing property with operational flexibility, immediate upside, and long-term appreciation potential.

Additional Information

Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Exterior Construction
Drywall, Frame, Stucco
Roof
Composition
Water
Public
Attached Structure
Detached
Number Of Units Total
6

Listing courtesy of Listing Agent: Rosalba Farias (rosalba@mslapuente.com) from Listing Office: RE/MAX CHAMPIONS.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.