4748 Pine Street, Pico Rivera, California 90660, Pico Rivera, 90660 - bed, bath
ACTIVE$799,900
4748 Pine Street, Pico Rivera, California 90660
0Bed
0Bath
1,590Sqft
8,243Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Duplex Configuration: The property features two separate units (3-bedroom/1-bath and 2-bedroom/1-bath), providing diversified income streams and flexibility for investors or owner-users.
Top Cons:
Condition Requires TLC: The property is noted to need 'some TLC,' indicating potential deferred maintenance or necessary upgrades that will require additional investment from the buyer.
Compared to the nearby listings
Price:$799.9K vs avg $879.0K ($-79,100)33%
Size:1,590 sqft vs avg 1,590 sqft50%
Price/sqft:$503 vs avg $50350%
More Insights
Built in 1930 (95 years old).
Condition: The property, built in 1930, is in a state that requires substantial repairs and rehabilitation. The visible bathrooms are extremely dated, featuring old vanities, basic strip lighting, and worn tile. While no kitchen photos are provided, the overall interior condition, including old tiled floors, worn carpets, and dated ceiling fans throughout, strongly suggests the kitchens are similarly outdated and in need of major renovation. The MLS description explicitly states 'Some TLC needed' and highlights the 'Age of Property' as a weakness, indicating potential for outdated major systems (plumbing, electrical) and significant deferred maintenance. The property is currently livable but would require extensive investment to modernize and address its age-related issues.
Year Built
1930
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$503
HOA
-
Days on market
-
Sold On
-
MLS number
AR25255063
Home ConditionPoor
Features
Patio
View-
About this home
Fantastic investment opportunity in a convenient Pico Rivera location! This duplex features two separate units — one 3-bedroom/1-bath and one 2-bedroom/1-bath. Both units have individual laundry areas and long-term tenants, providing stable income with significant rent upside. The property includes a 2-car garage plus 1-car carport, and sits on a large lot ideal for main house expansion and garage conversion to an ADU (buyer to verify). Some TLC needed, offering strong value-add potential (buyer to verify). Close to shopping, schools, and freeway access. A great property for investors or owner-users seeking rental growth and long-term appreciation.
Price History
Date
Event
Price
04/25/97
Sold
$150,000
07/26/13
Sold
$403,000
06/10/11
Sold
$265,000
06/10/05
Sold
$350,000
Condition Rating
Poor
The property, built in 1930, is in a state that requires substantial repairs and rehabilitation. The visible bathrooms are extremely dated, featuring old vanities, basic strip lighting, and worn tile. While no kitchen photos are provided, the overall interior condition, including old tiled floors, worn carpets, and dated ceiling fans throughout, strongly suggests the kitchens are similarly outdated and in need of major renovation. The MLS description explicitly states 'Some TLC needed' and highlights the 'Age of Property' as a weakness, indicating potential for outdated major systems (plumbing, electrical) and significant deferred maintenance. The property is currently livable but would require extensive investment to modernize and address its age-related issues.
Pros & Cons
Pros
Duplex Configuration: The property features two separate units (3-bedroom/1-bath and 2-bedroom/1-bath), providing diversified income streams and flexibility for investors or owner-users.
Stable Income with Rent Upside: Both units are occupied by long-term tenants, ensuring immediate stable rental income, with significant potential for future rent increases.
Value-Add Potential: The property offers strong value-add opportunities, including potential for main house expansion and conversion of the garage to an Accessory Dwelling Unit (ADU).
Large Lot Size: Sitting on an 8,243 sqft lot, there is ample space for property expansion and the aforementioned ADU conversion, enhancing future value.
Convenient Location: The property is strategically located close to shopping centers, schools, and freeway access, appealing to a broad tenant base and supporting long-term appreciation.
Cons
Condition Requires TLC: The property is noted to need 'some TLC,' indicating potential deferred maintenance or necessary upgrades that will require additional investment from the buyer.
Age of Property: Built in 1930, the property is nearly a century old, which may imply outdated systems (plumbing, electrical) and potential for higher maintenance costs or the need for significant renovations.
Buyer Verification Required: The description explicitly states 'buyer to verify' for expansion and ADU conversion, suggesting potential complexities, costs, or regulatory hurdles that are not guaranteed or fully detailed.