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$849,000
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5229 Live Oak St
Cudahy, CA 90201
4 bed 3 bath 1,754 SqFt ($484/SqFt)
7,470SqFt lot. Built 1949
Listed 2024-01-18, Taxes $2,562
Ⓧ USDA Ineligible
due to price & location

near Cudahy

Latest Value Estimates: $841,000 from Collateral Analytics on 2024-04-17. $820,200 from CoreLogic on 2024-04-01. $853,426 from Quantarium on 2024-04-24. Forecast Estimate Value:$859,329 in 2025-02-01 by Collateral Analytics. $848,414 in 2025-04-01 by CoreLogic. $881,843 in 2025-04-01 by Quantarium.

This is an incredible opportunity to own a unique property in the bustling city of Cudahy!

* Sale Pending *

This property features two distinct addresses, 5229 Live Oak St and 7337 Live Oak Lane, making it an ideal investment for an owner/user looking to generate rental income while enjoying the comforts of home. Situated on a large lot of 7, 470 square feet, ths property offers ample space for outdoor activities and relaxation. The first house located at 5229 Live Oak St is a charming 2 bedroom, 1 bathroom home with approximately 690 square feet of living space. This property is perfect for generating income right away.

The second house, located at 7337 Live Oak Lane, is a beautifully renovated 2 bedroom, 2 bathroom home featuring new kitchen appliances, flooring and other upgrades. A bonus room connected to the second house could serve as a third bedroom (subject to city approval), making this an even more attractive investment opportunity. Additionally, there is a garage, which could potentially be converted into an ADU (Accessory Dwelling Unit) with city approval. Don't miss out on this fantastic opportunity to own a property with multiple rental options in a desirable location. Sche dule a viewing today and experience the possibilities for yourself!


Presented by Jonathan Minerick at
homecoin.com.
Listing Agent Photo

Property MLS #TR23079459 from CRMLS

Bedrooms: 4

Laundry Features: In Closet

Full Bathrooms: 3

Lot Description: Rectangular Lot
Lot Size Acres: 0.1714876
Lot Size Source: Public Records
Lot Size Square Feet: 7470

Garage Spaces: 2
Parking Total: 6

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2

Rent Control: Yes

Community Features: Sidewalks, Street Lights, Suburban

Source Listing Status: Pending
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2000.00
Area: T5 - WalnutPk, HuntPk, Bell N of Florence, and Cud
Source Neighborhood: T5 - WalnutPk, HuntPk, Bell N of Florence, and Cud
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 6226006040
Postal Code Plus 4: 4420
Zoning: CUR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$55,654 + $48,265
$103,919
$2,562
2021$54,563 + $47,319
$101,882
$2,507
2020$54,004 + $46,834
$100,838
$2,510
2019$52,946 + $45,916
$98,862
$2,426
2018$51,908 + $45,016
$96,924
$2,276
2017$50,891 + $44,134
$95,025
$2,226
2016$49,894 + $43,269
$93,163
$2,166
2015$49,145 + $42,620
$91,765
$2,130
2014$48,183 + $41,786
$89,969
$2,130
2013$47,966 + $41,598
$89,564
$2,114
2012$47,026 + $40,783
$87,809
$2,113
2010$46,104 + $39,984
$86,088
$2,056
2009$45,869 + $39,781
$85,650
$1,985
2009$45,760 + $39,686
$85,446
$1,985
2008$44,970 + $39,001
$83,971
$1,903
2007$44,089 + $38,237
$82,326
$1,824

Listed 2024-01-18
$849,000
CRMLS
Sold 2022-05-02
$805,000
CRMLS

Net Operating Income: 54000.00

Total Square Feet Living: 1754
Year Built: 1949
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: main
Property Age: 75
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Public Records

Sewer: Sewer: Other, Water Sewer Expense: 0.00

Ellen Ochoa Learning Center is a public elementary and middle school located approximately 0.2 miles away.
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Bell Senior High School is a public high school located approximately 1.1 miles away.
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Al-Hadi School is a private elementary and middle school located approximately 0.7 miles away.
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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.