Duplex with Detached
For Sale
$850,000
4950 Passons Boulevard, Pico Rivera, CA 90660
Both single-story units have two bedrooms and one bathroom, with permitted interior renovations underway or completed.
Property Size1,431 SF
Price / SF$593.99
Days on Market16
Property Features for 4950 Passons Boulevard
General Information
Standard status
Active
Size
1,431 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Building Size
1,431 SF
Year Built
1949
Buildings
2
Stories
1
Units
2
Listing Agency:
Urban Street Ventures, Inc
Listed By:
Robert Compean · License #01001161
(949) 955-2855
Source:
4surerealtygroup
Added: Oct 7
Changed: Oct 22
Last Checked: Oct 22 at 7:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Urban Street Ventures, Inc
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Investment Insights
Based on property information with market context.
Built in 1949, this 1,431-square-foot duplex contains two single-story units, each with two bedrooms and one bathroom. Permitted renovations include updated kitchens and baths, vinyl plank flooring, baseboards, and doors. A new roof is being installed. The property also has large front and rear yards and a detached two-car garage with finished drywall and a metal roll-up door.
Shops, restaurants, and everyday amenities are within walking distance.
Shops, restaurants, and everyday amenities are within walking distance.
Key Highlights
- Two single‑story units, each with 2 bedrooms and 1 bathroom
- 1,431 square feet; built in 1949
- Permitted renovations include kitchens, bathrooms, vinyl plank flooring, baseboards, and doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,990
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,800
$499.8K
Cap Rate 7%
$357,000
$357.0K
Cap Rate 9%
$277,667
$277.7K
Market Conditions
NOI Build-Up for 1,431 SF
Gross rent
$38.6K $27.00/SF
− Vacancy
−$2.9K −$2.05/SF
EGI
$35.7K $24.95/SF
− OpEx
−$10.7K −$7.48/SF
NOI
$25.0K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,800
Cap Rate 7%
$357,000
Cap Rate 9%
$277,667
Alternative Uses
Best Use
Multifamily LT 5
$357.0K
$312.4K – $416.5K
NOI $24,990 @ 7.0% cap · market cap 2.94%
Second Best
Apartment 5plus
$328.9K
$287.8K – $383.8K
NOI $23,026 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$766.2K
$670.4K – $893.9K
NOI $53,631 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
876
Businesses Nearby
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Business Placement
Demographics for 90660, CA
62,013
Population
17,281
Households
3.6
Avg Household Size
38
Median Age
16%
College-Educated
72%
High-School Grad
7.8 sq mi
ZIP Area
7,950
Density / Sq Mi
$86,956
Median Household Income
$41,526
Median Earnings
$1,775
Median Rent
$621,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both single-story units have two bedrooms and one bathroom, with permitted interior renovations underway or completed.
Where is this duplex located?
The property is located at 4950 Passons Boulevard Pico Rivera, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two single‑story units, each with 2 bedrooms and 1 bathroom; 1,431 square feet; built in 1949; Permitted renovations include kitchens, bathrooms, vinyl plank flooring, baseboards, and doors
