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Jeffrey Walker

jeffrey@walkerpropertygroupca.com +1(949) 903-3731

$ 4,600,000

Est. payment | -/mo

34 Beds

16 Baths

15,232 SqFt

Save

$ 4,600,000

Est. payment | -/mo

Save

34 Beds

16 Baths

15,232 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 15,232 sqft

Price per Sqft $301

MLS Listing ID 26998129

Bedrooms 34

HOA Y/N No

Year Built 1962

Lot Size 0.918 Acres

Property Description

The property address is 5143-5147 Clara Street, Cudahy, CA 90201. Single-story 16-unit community in Cudahy, built as eight duplexes on 40,006 SF of land with 15,232 SF of living space. Built in 1962, the property has the house-like feel renters want: no shared walls above or below, and each unit has its own single-car garage, with plenty of extra open parking. The unit mix is (14) 2-bed / 1-bath and (2) 3-bed / 1-bath, which tend to be in greatest demand in this market. Every unit is separately metered for gas and electricity, and there are no common-area utilities, so the owner pays only water and trash (reduced property expense due to the lack of common area electricity and gas). The property comes with permit-ready plans for two 3-bed / 1.5-bath ADUs at the rear of the lot. The plans are approved, and permits only need to be pulled. As new construction, the ADUs are exempt from rent control, so a buyer can add two market-rate units and grow income immediately without going through the design and approval process (buyer to confirm with City of Cudahy). There is substantial rent upside and the opportunity to add value. Please contact the listing agent for more information. Do not contact the tenants or the on-site manager. Note: the City of Cudahy has rent control; the existing 16 units are subject to it.

Location

State CA

County Los Angeles

Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud

Zoning CUR3*

Interior

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Door-Single, Garage, On Street, Uncovered

Garage Spaces 16.0

Garage Description 16.0

Pool None

Utilities Available Overhead Utilities

View Y/N No

View None

Roof Type Composition,Shingle

Total Parking Spaces 16

Private Pool No

Building

Lot Description Front Yard, Lawn, Rectangular Lot

Faces North

Story 1

Entry Level One

Foundation Slab

Sewer Sewer Tap Paid

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6226019023

Financing Cash

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Juan Cardenas Remax Commercial and Investment Realty #01233927

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 903-3731

jeffrey@walkerpropertygroupca.com

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5143 Clara ST Cudahy, CA 90201