Homes for sale - 9743 La Docena Ln, Pico Rivera, CA 90660

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Deborah Bush

deborah@deborah-bush.com +1(310) 895-0439

$ 2,600,000

Est. payment | -/mo

1 Acres Lot

Save

$ 2,600,000

Est. payment | -/mo

Save

1 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25221701

HOA Y/N No

Year Built 1971

Lot Size 1.002 Acres

Property Sub-Type Apartment

Property Description

We are pleased to present 9743-9747 La Docena Ln, three parcels with a total of eight units on an acre lot in Pico Rivera to market. The offering consists of 9743 La Docena Lane (6384-027-024) that provides access to the rear two parcels that make up the entirety of the property. 9743 is on a 25,608 square foot lot that consists of a 2 bed/1.5 bath single family house in the front built in 1947, a 2 bed/1 bath duplex in the middle built in 1971, and a large 3 bed/2 bath house in the rear built in 1960. There is enough room for a detached ADU to be built in front of the 9743 front house (buyer to verify). Access to the 7,139 square foot vacant lot (6284-027-026) is through the 9743 property. Residential zoned, different opportunities to develop the lot exist including SB 684 which allows the possibility to sub divide into 10 lots (buyer to verify). 9747 La Docena Lane (6384-027-032) consists of two identical 2 bed/1 bath duplex's on a 10,893 square foot lot.
Each unit has an attached garage along with washer and dryer hookups.
Only a few multifiamily properties sell in Pico Rivera each year, this is a rare opportunity to acquire an acre of land with future development potential that is making over $17,000 a month in gross rental income.
Pico Rivera does not have any municipal rent control and is subject to AB-1482. Current rents are about 35% below market, allowing substantial upside for a new buyer.

Location

State CA

County Los Angeles

Area 649 - Pico Rivera

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Suburban

Total Parking Spaces 8

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Private

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6384027024

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Listed by Jackson Jorgensen Younglewin Advisors, Inc. jack@younglewin.com

GET MORE INFORMATION

Deborah Bush

License ID: 01964485

deborah@deborah-bush.com

+1(310) 895-0439

444 Hermosa Ave #101 Hermosa Beach CA, 90254

9743 La Docena Ln Pico Rivera, CA 90660

Deborah Bush

Key Details

Location

Interior

Exterior

Building

Others

9743 La Docena Ln