Property Detail

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.