NOT LISTED FOR SALE

4636 Clara St Cudahy, CA 90201

30 Beds
20 Baths
13,969 Sq Ft
0.93 Acres

Last Sold July 17, 2018

Last sale price $3,580,000 $256 Per Sq Ft

3 Days on Market

Highlights

  • 40,494 Sq Ft lot
  • No HOA
  • Central Heating and Cooling System
  • Fireplace in Primary Bedroom
  • Laundry Room
  • 4-minute walk to Clara Street Park

About This Home

As of July 2018

Great opportunity for investor . Good location for rental area with long term tenants. The property is 100% fully occupied. Tenant pay electricity and gas . Each unit has 3 bedroom and 2 bathroom with 2 car garage. Property built in years 1987 no rent control.
Building has 13,969 square feet. Huge lot size : 40,494 square feet . Gross rental income is $ 237,000 per year. Conveniently located just 3 minute from the school , park , restaurant and Shopping Mall .

Last Agent to Sell the Property

Lily Wang

KO TAI REALTY License #01321428 Listed on: 03/20/2018

KO TAI REALTY

Co-Listed By

HSIEN HSU

KO TAI REALTY License #01321494

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.93 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 11 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 13,969 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 30 Bedrooms
  • Fireplace in Primary Bedroom
  • 20 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, parking fee
  • Tax Lot 107
  • Tax Tract Number 180
  • Assessor Parcel Number 6226024001

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 11 Units

Building Details

  • 11 Leased Units
  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $327
  • Gardener Expense $2,130
  • Insurance Expense $4,515
  • Maintenance Expense $4,593
  • Trash Expense $4,162
  • Water Sewer Expense $5,805
  • New Taxes Expense $34,506
  • Operating Expense $56,399
  • Gross Income $237,000
  • Net Operating Income $180,601

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

11

Listing Details

  • CapRate: 5.01
  • Property Attached: Yes
  • Water Sewer Expenses: 5805.00
  • Property Type: Residential Income
  • Gardener Expense: 2130.00
  • Parcel Number: 6226024001
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Dining Room, Family Room, Kitchen, Master Bedroom, Gas
  • Levels: One
  • Price Per Square Foot: 256.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 11.00
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, In Garage
  • Sewer: Sewer Paid
  • Trash Expense: 4162.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 40494.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Parking Fee

Multi Family

  • Electric Expense: 327.00
  • Gross Income: 237000.00
  • Gross Operating Income: 237000.00
  • Gross Scheduled Income: 237000.00
  • Insurance Expense: 4515.00
  • Maintenance Expense: 4593.00
  • Net Operating Income: 180601.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 11
  • Number Of Units Total: 11
  • Operating Expense: 56399.00
  • Other Income1: 195.00
  • Rent Control: No
  • Total Actual Rent: 19750.00
  • Total Expenses: 56399.00

Tax Info

  • New Taxes Expense: 34506.00
  • Tax Lot: 107
  • Tax Tract Number: 180

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2018 07/17/18 Sold $3,580,000 -0.6% $256 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $3,600,000 -- $258 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18064392

California Regional Multiple Listing Service (CRMLS)