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Glen Henderson

[email protected] +1(619) 889-7646

$3,995,000

Est. payment - /mo

8 Beds

5 Baths

0.46 Acres Lot

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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 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

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Listed by Kristopher German, DRE#01800021 RE/MAX 2000 REALTY

Nearby School & Business

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

5027 Clara Street Cudahy, CA 90201

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information