$2,550,000 Price Analysis   ♡   Cudahy, CA 90201 20 bed 11 bath 8,064 SqFt ($316/SqFt) 0.78 acre lot. Built 1956 Listed 2024-04-02, Taxes $7,096 | Ⓧ USDA Ineligible due to price & location near Cudahy |
We are pleased to present 5100 Elizabeth Street
* Has Contingent Offer *A 9-unit multifamily investment asset sitting on 33, 861 square feet of prime Southern California multifamily residential land. The property consists of (2) 3-bedroom single family homes, (5) 2-bedroom single family homes and (1) duplex, each with 2-bedroom units. Ample garage parking with (16) total spaces and tenants each pay their own gas and electric.
There is approximately 45% upside in the current rents and the potential for multiple ADU's - Buyer to verify with city. The subject o ffering presents an excellent investment opportunity because of it's extraordinary location, significant amount of rental upside and ADU potential. BUYER TO VERIFY UNIT MIX AND SQUARE FOOTAGE WITH THE CITY OF CUDAHY.
Presented by Nicholas Petrosian at
RE MAX Commercial & Investment Realty.
Property MLS #24-375183 from TheMLSCLAW
Full Bathrooms: 11
Garage Description: Garage - 1 Car, Garage - 2 Car
Parking Total: 16
Lot Size Source: Assessor
Lot Size Square Feet: 33861
Calculated Total Monthly Association Fees: 0
Number of Units: 9
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 6000, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 15750
County: Los Angeles
Cap Rate: 2.51
Directions: South of Florence Avenue and East of Wilcox Avenue
Source Property Type: Residential Income
Area: Walnut Pk, Hunt Pk, Bell N of Florence, and Cudahy
Source Neighborhood: Walnut Pk, Hunt Pk, Bell N of Florence, and Cudahy
Parcel Number: 6224-002-013
Postal Code Plus 4: 5304
Zoning: CUR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $177,457 + $47,099 $224,556 | $7,096 |
| 2021 | $173,978 + $46,176 $220,154 | $6,925 |
| 2020 | $172,195 + $45,703 $217,898 | $6,928 |
| 2019 | $168,819 + $44,807 $213,626 | $6,736 |
| 2018 | $165,509 + $43,929 $209,438 | $6,090 |
| 2017 | $162,264 + $43,068 $205,332 | $5,935 |
| 2016 | $159,083 + $42,224 $201,307 | $5,716 |
| 2015 | $156,694 + $41,590 $198,284 | $5,634 |
| 2014 | $153,625 + $40,776 $194,401 | $5,674 |
| 2013 | $152,931 + $40,592 $193,523 | $5,613 |
| 2012 | $149,933 + $39,797 $189,730 | $5,598 |
| 2010 | $146,994 + $39,017 $186,011 | $5,346 |
| 2009 | $146,243 + $38,818 $185,061 | $5,170 |
| 2009 | $145,896 + $38,726 $184,622 | $5,170 |
| 2008 | $143,376 + $38,057 $181,433 | $4,985 |
| 2007 | $140,565 + $37,311 $177,876 | $4,744 |
$2,550,000
TheMLSCLAW
Year Built: 1956
Levels: One Level
Living Area Source: Assessor
Property Age: 68
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Assessor
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.