
Pico Rivera, California 90660
This Versatile Residential Income Property is a Strong Value Opportunity, listed at $950,000—positioned well below the $1,000,504 Fair Market Value by 5%. This valuation gap provides $50,504 in Instant Equity. Featuring a recently renovated 3-bedroom front home and a separate 2-bedroom unit on a massive 11,000 SqFt Lot, the property holds a Condition Rating of 3. With ADU conversion potential and a layout favoring private yards, it offers significant rental upside or multi-generational utility. This is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking long-term development potential.
Property is move-in ready.
The property is move-in ready and features a front residence that has been recently renovated with new flooring, fresh paint, and updated bathrooms. While the original structure dates to 1950, the recent cosmetic and functional improvements to the primary living spaces, combined with the well-maintained status of the second unit, align with the criteria for a good condition score.
The massive 11,000 SqFt lot and existing carport structure provide a rare opportunity to add ADUs or potentially split the lot, allowing for a transition from a duplex to a high-yield 4-plex.
Unlike typical multi-family setups, both residences feature their own private front and back yards, offering a single-family home atmosphere that attracts premium tenants and enhances livability.
The front 3-bedroom home has been recently renovated with updated bathrooms, new flooring, and fresh paint, ensuring immediate move-in readiness for an owner-occupant or high-market rental.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11000, other record lot size in square feet = 8802. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2120, other record living area = 1310.
Built in 1950, the property may have aging underlying systems such as plumbing or electrical that could require future maintenance or upgrades not addressed in the recent cosmetic renovations.
While the carport offers ADU potential, the cost and complexity of converting a non-living structure into a legal residence may require significant upfront capital and permitting time.
Discover an exceptional duplex opportunity in the heart of Pico Rivera! Situated on an expansive 11,000 SqFt lot, this unique property features two separate houses, offering privacy, versatility, and excellent income potential. The front home offers 3 bedrooms and 2 bathrooms, providing spacious living ideal for an owner-occupant or larger household. The back apartment style home features 2 bedrooms and 1 bathroom, this is the ideal rental unit to add extra income to your buyer, minimizing their loan payment. This back unit is also perfect for extended family, or guest. Both units offer move-in-ready convenience, with the front home being recently renovated, showcasing new flooring, paint, and updated bathrooms. One of the standout features of this property is that each residence enjoys its own separate front and back yards, creating private outdoor spaces rarely found in duplex properties. The large lot further enhances the property's appeal and may offer the possibility to split the lot into two APNs, creating additional long-term value. The property also includes a large central carport structure that can offer potential for conversion into an ADU, providing an opportunity to further maximize the property's living space. Per CA ADU laws, an owner can potentially create a junior ADU on the rear house, and a traditional ADU in the existing carport, essentially turning this duplex into a legal 4 plex, truly maximizing is value and income potential. Whether you're an investor seeking strong rental potential, a homeowner looking to live in one unit and rent the other, or someone needing space for multigenerational living, this property delivers exceptional versatility. Conveniently located near shopping, dining, schools, and major commuter routes, this Pico Rivera duplex combines comfortable living with long-term value. Don’t miss this opportunity to own a rare dual-home property with space, privacy, and future development potential in a desirable location!
No exterior & parking available.
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| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,120 | 2,120 | 50% |
| Lot Size | 11,000 | 7,928 | 67% |
| Price | $950.0K | $950.0K | 50% |
| Price per sq ft | $448 | $489 | 33% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 177 | 33% |
Mar 13, 2026
$950,000
Initial Listing