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Listed by Joseph Lotfy, DRE #02094110 • Berkshire Hathaway HomeService
$ 3,750,000
Est. payment /mo
New
4900 Live Oak ST Cudahy, CA 90201
0.93 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26210346
Year Built 1954
Lot Size 0.928 Acres
Source California Regional MLS
Property Description
$362,340 GROSS SCHEDULED INCOME | 6.35% CAP | 13 UNITS ON TWO CONTIGUOUS PARCELS. This rare offering includes two contiguous parcels totaling approximately 40,425 square feet and a combined 13 units, six on one parcel and seven on the other. Each unit is a single-level, cottage-style residence, and the property includes multiple garages and ample surface parking. The electrical at 4900 Live Oak has been updated with new mains and sub panels. The property produces $362,340 in gross scheduled income against $116,794 in operating expenses, for a net operating income of $238,299. Additional potential includes accessory dwelling units or a complete redevelopment, buyer to verify all options with the city. Located in an area already experiencing new construction, including a recently completed apartment building nearby. Steps from the Atlantic Avenue dining and retail corridor, with Plaza Mexico in Lynwood roughly 10 minutes away and the Watts Towers and Augustus F. Hawkins Natural Park about 15 minutes out.
Location
State CA
County Los Angeles
Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud
Interior
Heating Central Forced Air
Laundry Other
Exterior
Parking Features Assigned Spaces, Garage, Gate / Door Opener
Garage Spaces 13.0
Pool 31, None
View None
Building
Story One Story
Water District - Public
Others
Tax ID 6226014010
Special Listing Condition Not Applicable
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