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$ 3,995,000
Est. payment /mo
Price Dropped by $255K
5027 Clara Street Cudahy, CA 90201
8 Beds
5 Baths
0.46 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26074272
Bedrooms 8
Lot Size 0.462 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
PRICED TO SELL! Now offered at a 7.38% CAP Rate, 9.4 GRM!!! Exceptional investment opportunity in the city of Cudahy featuring 13 units plus 3 brand-new ADUs (16 units total), with certificates of occupancy recently issued, delivering excellent day-one cash flow with the heavy lifting already completed. From an investment standpoint, the numbers are compelling; offering a 7.38% CAP Rate, 9.4 GRM, and an unbelievable 7.60% CASH-ON-CASH return with current rents in place. The property features an ideal unit mix of four 3-Bed/2-Bath units, nine 2-Bed/1-Bath units, and three newly constructed ADUs (2-Bed/1-Bath, 1-Bed/1-Bath, and a Studio unit) a combination that attracts a broad tenant base and supports consistent occupancy. Spanning approximately 13,075 rentable square feet on a 20,146 sq. ft. lot, and is conveniently located near parks, schools, and public transportation, enhancing long-term rental demand. Tenants benefit from ample parking with 15 carport spaces and 8 open spaces, while operating expenses remain efficient with tenants paying for their own utility usage. Recent improvements include a brand-new main electrical panel and newer plumbing, adding to the propertys long-term reliability. Deals with this level of cash-flow are non-existent. Run the numbers, compare it to anything else on the market, and you'll find this one stands on its own.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Florence Ave. East of Atlantic Ave
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6226019017
Listed by Kristopher German, DRE#01800021 RE/MAX 2000 REALTY