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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

Listing provided courtesy of Listing Broker: Michelle Tsang, MGR REAL ESTATE, INC.
Source CRMLS;
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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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