5250 Elizabeth Street, Cudahy, CA 90201 (MLS # SB17246817)
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!
T5 - WalnutPk, HuntPk, Bell N
||T5 - WalnutPk, HuntPk, Bell N
||Lot Over 40000 Sqft
Listing provided by : Josh Cohen CalBRE:01346713, Keller Williams Beach Cities
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