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SOLD 11/25/2022
8425 Birchbark Avenue, Pico Rivera, CA 90660$2,500,000
17 beds 10 baths 7805 ft2 · 10822 ft2 lot$359 / ft2
17
beds 10
baths 7805
ft2 · 10822
ft2 lotListing provided courtesy of Listing Broker: Michelle Tsang, MGR REAL ESTATE, INC.
Source CRMLS;
GREAT MULTI-UNIT INVESTMENT OPPORTUNITY IN PRIME LOCATION OF PICO RIVERA! 8 unit Garden Low Rise Apartment Complex. Front unit is a 2 story, 3 bedroom, 2.5 bath, Condo Style, with attached garage with its own laundry room inside. The other 7 units are all 2 bedroom, 1 bath, with separate detached garages and/or carports. Onsite laundry room with a coin washer and dryer downstairs. Easy access to Freeway 5/605. Unique property investment with huge upside. Not many more like this in the marketplace. Make your offers before it's gone.
HOA
$0/month
On market
2 months
Year built
1964
Property type
Condo
Parking
16
MLS
CV22149736
Price / Sq.Ft.
$359 / ft2
Status
Closed
Buyer’s Brokerage Commission
2%
Home details for 8425 Birchbark Avenue
Interior Features & Layout
Appliances
•
Laundry Details: Common Area
•
Laundry: 1
Interior Features
•
Electric Details: Standard
Rooms Info
•
Average3 Bed Area Units: Square Feet
•
Average Studio Area Units: Square Feet
•
Average2 Bed Area Units: Square Feet
•
Average1 Bed Area Units: Square Feet
•
Average2 Bed Area: 850
Heating & Cooling
•
Has Heating
•
Heating Details: Wall Furnace
•
Cooling Details: Wall/Window Unit(s)
Interior Size
•
Building Area Total: 7805.00
Property, Lot, Community & Exterior Features
Parking Info
•
Parking Available: 1
•
Parking Features: Detached Carport
•
Garage Spaces: 10.00
•
Carport Spaces: 6.00
Building Info
•
Building Area Units: Square Feet
•
Roof: Asphalt, Flat
•
Stories Total: 2
•
Year Built Source: Assessor
Lot Info
•
Lot Features: 6-10 Units/Acre
•
Lot Size Source: Assessor
•
Elevation Units: Feet
•
Lot Size Acres: 0.2484
•
Lot Size Area: 10822.0000
•
Lot Size Units: Square Feet
Community Info
•
Road Surface Type: Paved
•
Number Of Buildings: 1
•
Total Units: 8
Property Features
•
Common Walls: 2+ Common Walls
Utilities & Other Information
Utilities
•
Number Of Separate Electric Meters: 8
•
Utilities: Natural Gas Connected, Sewer Connected, Water Connected
•
Number Of Separate Gas Meters: 8
•
Number Of Separate Water Meters: 1
Water & Sewer Info
•
Water Source: Public
•
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•
Water Sewer Expense: 5390.00
•
Laundry Income: 1200.00
•
Laundry Equipment Own Lease: Lease
•
Total Actual Rent: 11548.00
•
Fuel Expense: 1997.00
•
Trash Expense: 3272.00
•
Insurance Expense: 3242.00
•
Professional Management Expense: 0.00
•
Total Expenses: 22293.00
•
Gross Scheduled Income: 161976.00
•
Operating Expense: 22293.00
•
Gardener Expense: 600.00
Tax/Assessment Info
•
Gross Income: 161976.00
Lease Info
•
Net Operating Income: 106083.00
Listing Info
•
Status: Closed
Other
•
Electric Expense: 552.00
Multi Unit Information
Unit 3 Information
•
Unit 3 Bedrooms: 2
•
Unit 3 Actual Rent: 1398.00
•
Unit 3 Total Units: 1
•
Unit 3 Furnished Units: Unfurnished
•
Unit 3 Garage Spaces: 1.00
•
Unit 3 Bathrooms: 1
•
Unit 3 Total Rent: 1398.00
Unit 7 Information
•
Unit 7 Garage Spaces: 1.00
•
Unit 7 Bathrooms: 1
•
Unit 7 Actual Rent: 1546.00
•
Unit 7 Total Units: 1
•
Unit 7 Total Rent: 1546.00
•
Unit 7 Bedrooms: 2
•
Unit 7 Furnished Units: Unfurnished
Unit 2 Information
•
Unit 2 Actual Rent: 1950.00
•
Unit 2 Bedrooms: 2
•
Unit 2 Total Units: 1
•
Unit 2 Furnished Units: Unfurnished
•
Unit 2 Bathrooms: 1
•
Unit 2 Garage Spaces: 1.00
•
Unit 2 Total Rent: 1950.00
Unit 8 Information
•
Unit 8 Bathrooms: 1
•
Unit 8 Garage Spaces: 1.00
•
Unit 8 Actual Rent: 1607.00
•
Unit 8 Total Units: 1
•
Unit 8 Total Rent: 1607.00
•
Unit 8 Bedrooms: 2
•
Unit 8 Furnished Units: Unfurnished
Unit 1 Information
•
Unit 1 Bedrooms: 3
•
Unit 1 Total Units: 1
•
Has Attached Garage
•
Unit 1 Furnished Units: Unfurnished
•
Unit 1 Garage Spaces: 2.00
•
Unit 1 Bathrooms: 3
•
Unit 1 Actual Rent: 2349.00
•
Unit 1 Total Rent: 2349.00
Unit 4 Information
•
Unit 4 Actual Rent: 1484.00
•
Unit 4 Total Units: 1
•
Unit 4 Furnished Units: Unfurnished
•
Unit 4 Total Rent: 1484.00
•
Unit 4 Bathrooms: 1
•
Unit 4 Garage Spaces: 1.00
•
Unit 4 Bedrooms: 2
Unit 5 Information
•
Unit 5 Actual Rent: 1544.00
•
Unit 5 Total Units: 1
•
Unit 5 Furnished Units: Unfurnished
•
Unit 5 Total Rent: 1544.00
•
Unit 5 Garage Spaces: 1.00
•
Unit 5 Bathrooms: 1
•
Unit 5 Bedrooms: 2
Multi Unit Information
•
# Of Units: 8
•
Number Of Units Leased: 7
•
Price Per Unit: 350000
Unit 6 Information
•
Unit 6 Actual Rent: 1620.00
•
Unit 6 Total Units: 1
•
Unit 6 Total Rent: 1620.00
•
Unit 6 Furnished Units: Unfurnished
•
Unit 6 Bedrooms: 2
•
Unit 6 Garage Spaces: 1.00
•
Unit 6 Bathrooms: 1
School Neighborhood & Directions
Location
•
Community Features: Suburban
School Info
•
Directions: Telegraph Road between Rosemead Blvd and Paramount
Other
Calculation
•
Dom: 55
•
Cdom: 55
Property History for 8425 Birchbark Avenue
11/25/2022
11/25/2022
CRMLS #CV22149736
sold
CRMLS #CV22149736
$2,500,000
--10.71%
09/03/2022
09/03/2022
CRMLS #CV22149736
pending
CRMLS #CV22149736
$2,800,000
—
07/10/2022
07/10/2022
CRMLS #CV22149736
active
CRMLS #CV22149736
$2,800,000
—
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Real estate brokerage licenses
1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
Flyhomes is registered trademark of Flyhomes, Inc.
NMLS Consumer Access
Affiliated Business Arrangement Disclosure