4660 Clara St Cudahy, CA 90201
Highlights
- 0.39 Acre Lot
- No HOA
- 3-minute walk to Clara Street Park
- Private Yard
- Laundry Room
About This Home
This prime investment opportunity, is a gated garden-style apartment complex which offers investors a rare combination of stable cash flow, meaningful rental upside, and future development potential. The property features secure common areas and extensive on-site parking, including two single garages, twenty-one carports, and two additional gated spaces. The asset produces strong in-place income with a 6.42% percent cap rate and a 11.7 times GRM, while an estimated (+-25%) twenty five percent rental upside provides a clear value-add pathway. Brand new electrical panels have been installed throughout the property, creating a major advantage in obtaining competitive insurance rates. The efficient layout consists of fifteen one bedroom one bath units, and no on-site manager is required (subject to buyer verification). An unused enclosed area offers additional potential for a two-story addition or future expansion, and the large rear portion of the lot may accommodate new construction for 7-14 units (also subject to buyer verification). Situated near the 710, 5, 101, 105, and 60 freeways, the property at 4660 Clara Street benefits from excellent regional connectivity. Built in 1964 and set on a 16,936 square foot lot with 10,382 square feet of improvements, this fifteen unit offering is priced at 3,370,000 dollars, reflecting 225,000 dollars per unit and 325 dollars per square foot, within CUR3* zoning.
Listing Agent
KW Executive Brokerage Phone: 909-997-9765 License #02022646 Listed on: 01/05/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.39 Acre Lot
- Two or More Common Walls
- Sprinkler System
- Private Yard
- Garden
- Density is 11-15 Units/Acre
Parking
- 2 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 10,382 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 109
- Tax Tract Number 180
- Assessor Parcel Number 6226024004
- $4,518 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 15 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 15 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Fuel Expense $1,620
- Insurance Expense $9,000
- Trash Expense $285
- Water Sewer Expense $900
- Operating Expense $71,713
- Gross Income $276,997
- Net Operating Income $205,285
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $31,060 | $2,278,943 | $886,618 | $1,392,325 |
| 2024 | $31,060 | $2,234,259 | $869,234 | $1,365,025 |
| 2023 | $30,544 | $2,190,451 | $852,191 | $1,338,260 |
| 2022 | $29,160 | $2,147,502 | $835,482 | $1,312,020 |
| 2021 | $28,798 | $2,105,395 | $819,100 | $1,286,295 |
| 2020 | $29,015 | $2,084,148 | $810,702 | $1,273,446 |
| 2019 | $27,923 | $2,043,290 | $794,806 | $1,248,484 |
| 2018 | $27,329 | $2,003,233 | $779,222 | $1,224,011 |
| 2016 | $26,064 | $1,925,120 | $748,965 | $1,176,155 |
| 2015 | $25,651 | $1,896,204 | $737,715 | $1,158,489 |
| 2014 | $25,685 | $1,859,061 | $723,265 | $1,135,796 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2026 02/20/26 | For Rent | -- | -- | -- |
| 02/06/2026 02/06/26 | Off Market | -- | -- | -- |
| 01/21/2026 01/21/26 | For Rent | -- | -- | -- |
| 01/05/2026 01/05/26 | For Sale | $3,370,000 | -- | $325 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR26001527
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Ask me questions while you tour the home.