5027 Clara Street, Cudahy, CA 90201
- $3,995,000
- List Price
- $3,995,000
- Price Change
- ▼ $255,000 1779828134
- Status
- ACTIVE
- MLS#
- CV26074272
- Year Built
- 1964
- Lot Size
- 20,146
- Acres
- 0.46
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 95
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
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 property’s 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.
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Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Roof
- Flat
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 16
- Gross Scheduled Income
- $423,744
- Operating Expense
- 116138
Listing courtesy of Listing Agent: Kristopher German (kris@theapartmentdealer.com) from Listing Office: RE/MAX 2000 REALTY.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.