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$ 4,000,000
Est. payment | /mo
2 Beds
1 Bath
0.75 Acres Lot
$ 4,000,000
Est. payment | /mo
2 Beds
1 Bath
0.75 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26209766
Bedrooms 2
Lot Size 0.751 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Pleased to present 4861 E. Clara Street, a rare opportunity to purchase a 20-unit apartment building with a prime unit mix of all 2-bedroom units for $200,000 per unit. The property sits next to the large Elizabeth Regional Learning Center and Clara Street Park in the excellent rental city of Cudahy. This is a true value-add opportunity for a new owner to improve property aesthetics and increase future income. The property offers spacious floorplans, ample parking and on-site laundry facilities. Given the propertys ideal central location near Southland freeways (30 minutes or less median travel time to work) and the citys renter profile being 86% of the population, 4861 Clara Street will benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Florence Ave and West of Willcox Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6226020031
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Doug Rodermund, DRE#01314304 Morgan Skenderian
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