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5250 Elizabeth Street, Cudahy, CA 90201 (MLS # SB17246817)

Price $6,500,000
Status Active
Beds 0
Baths 0 bath
Home size 18,868 sq ft
Lot Size 40,870 sqft
Days on Market 22
An multifamily investment opportunity of this size, potential, and quality is rare in today’s Los Angeles market. The property consists of 5 buildings totaling 18,868 rentable square feet on a very large 40,870 square foot lot. The property has an ideal unit mix of 24 Two Bed/One Baths and 2 Four Bed/Two Bath free standing units. Every unit is individually metered for gas and electricity and has ample parking for all tenants. There are a total of 57 available parking spaces. In addition, twelve of the units have their own water heaters and have individual, enclosed patios. The four bedroom units have their own private parking lot and enclosed patios as well. There are also community laundry facilities available for tenants. The property is NOT subject to rent control, and has potential upside in rents of up to 23%! A majority of the units have been significantly rehabbed. This rehab includes: tile and/or vinyl plank flooring, new paint, new granite counter tops and kitchen cabinetry, ceiling fans, new bathroom vanities, tile shower enclosures and other attractive finishes throughout!
Property Type(s): Residential Income
Last Updated 10/30/2017 Year Built 1925
Community T5 - WalnutPk, HuntPk, Bell N County Los Angeles

Additional Details

AREA T5 - WalnutPk, HuntPk, Bell N
LOT 0.94 acre(s)
LOTDESCRIPTION Lot Over 40000 Sqft
POOL DESCRIPTION None
UTILITIES Public;
WATER Public
ZONING CUR3

Location

 

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Listing provided by : Josh Cohen CalBRE:01346713, Keller Williams Beach Cities

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/20/17 12:47 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2017.

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