$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 offering presents an excellent investment opportunity because of it's extraordinary location, significant amount of rental upside and ADU potential. BUYER TO VERIFY U NIT 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.