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Residential Income - 4918 Tobias Avenue, Pico Rivera, CA

$2,250,000

4918 Tobias Avenue, Pico Rivera, CA

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Description

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..

Property details

Year built
1947
Property type
Residential Income
Lot size
12,254 sqft

Location

4918 Tobias Avenue • Pico Rivera, CA 90660

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Listed by

Rosalba Farias · RE/MAX CHAMPIONS

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