Sold for $2,300,000

Listed by: MGR REAL ESTATE, INC. • Michelle Tsang • Contact: 909-981-4466

Bought with: Treeline Realty & Investment

$2,300,000

8729 Olympic Blvd, Pico Rivera, CA 90660

17beds

6baths

6,469sqft

Mixed Use

Built in 1943

-- sqft lot

$-- Zestimate^®

$356/sqft

$2,997 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,997/mo

Zestimate^® history

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$14,598/mo

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What's special

GREAT MULTI-UNIT INVESTMENT OPPORTUNITY IN PRIME LOCATION OF PICO RIVERA! 6 unit one story duplex style complex in the heart of Pico Rivera. Both front units are freestanding single family units and back units are duplexes on a huge 20,000+ sf lot. This property is on a 0.49 acre lot and has great potential for redevelopment. Unique property investment with huge upside and not many like this in the marketplace. DO NOT MISS OUT ON THIS DEAL!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 17
Bathrooms: 6

Appliances

Laundry: In Kitchen

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 6,469
Total interior livable area: 6,469 sqft

Property

Parking

Total spaces: 4
Parking features: Carport
Carport spaces: 4

Features

Levels: One
Stories: 1
Entry location: Front
Pool features: None

Lot

Size: 0.49 Acres
Features: 6-10 Units/Acre

Details

Parcel number: 6374033006
Zoning: PRRM*
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Condition

New construction: No
Year built: 1943

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Sidewalks

Location

Region: Pico Rivera

Financial & listing details

Price per square foot: $356/sqft
Tax assessed value: $690,252
Annual tax amount: $11,858
Date on market: 10/29/2024
Cumulative days on market: 50 days
Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
Total actual rent: 13064

Price history

Date	Event	Price
3/18/2025	Sold	$2,300,000$356/sqft
Source: CRMLS #CV24222826 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,858 +9.3%	$690,252 +2%
2024	$10,853 +2.4%	$676,718 +2%
2023	$10,594 +4%	$663,450 +2%
2022	$10,183 +1.5%	$650,443 +2%
2021	$10,028 -1.1%	$637,690 +1%
2020	$10,144	$631,152 +2%
2019	$10,144 +6.7%	$618,778 +2%
2018	$9,508	$606,646 +2%
2017	$9,508 +1.3%	$594,752 +2%
2016	$9,382 +9.5%	$583,091 +1.5%
2015	$8,566 +2.4%	$574,333 +2%
2014	$8,368	$563,084 +2.5%
2012	--	$549,550 +2%
2011	--	$538,776 +4.6%
2007	--	$515,211 +2%
2006	--	$505,110 +6%
2003	--	$476,601 +13.5%
2002	--	$420,000