NOT LISTED FOR SALE

5143 Clara St Cudahy, CA 90201

Cudahy Area
5 Beds
2 Baths
15,232 Sq Ft
0.92 Acre Lot

Sale Details

Date Sold: July 27, 2022

Last sale price $5,250,000 $345 Per Sq Ft

Highlights

  • 0.92 Acre Lot
  • Attached Carport
  • Chain Link Fence
  • No HOA
  • Rectangular Lot
  • 5-minute walk to Cudahy River Park

About This Home

As of July 2022

This 16 unit, all 2 & 3 bedrooms complex has been in the same family over 45 years. Great location between the 710, 110, 5 and 105 freeways. Low to no tenant turnover for years. There are 14 - 2 bed, 1 bath units, & 2 - 3 bed, 1 bath units. Tenants pay their own gas & electric utilities. Rents below market value with great upside potential. Each unit has its own garage with a parking space in front of each garage. Pretty low maintenance property.

Last Agent to Sell the Property

John Andersen

United Real Estate Pacific States License #00908405 Listed on: 03/15/2022

United Real Estate Pacific States

Last Buyer's Agent

Juan Cardenas

Remax Commercial and Investment Realty License #01233927

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 40,191 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Fence is in average condition
  • Rectangular Lot
  • Level Lot
  • 6226019022

Parking

  • 16 Open Parking Spaces
  • 16 Car Garage
  • Attached Carport
  • Parking Available

Home Design

  • Composition Roof

Interior Spaces

  • 15,232 Sq Ft Home
  • 1-Story Property
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Private Water Source
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 355
  • Tax Tract Number 180
  • Assessor Parcel Number 6226019023
  • $2,545 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 8 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $3,000
  • Insurance Expense $11,658
  • Maintenance Expense $6,062
  • Other Expense $10,580
  • Pest Control $624
  • Professional Management Expense $6,000
  • Trash Expense $6,466
  • Water Sewer Expense $7,063
  • Operating Expense $52,038
  • Gross Income $266,895
  • Net Operating Income $173,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.92 Acres

Parking

16

Listing Details

  • Assessments: No
  • Professional Management Expense: 6000.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 7063.00
  • Zoning: CUR3*
  • Property Type: Residential Income
  • Gardener Expense: 3000.00
  • Parcel Number: 6226019023
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 344.67

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 16.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 32.00
  • Uncovered Spaces: 16.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: In Kitchen
  • Pest Control Expense: 624.00
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 6466.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 6226019022
  • Land Lease: No
  • Lot Features: Level with Street, Lot Over 40000 Sqft, Rectangular Lot, Level
  • Lot Size Sq Ft: 40191.00
  • Lot Size Acres: 0.9227

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 938 Square Feet
  • Average3 Bed Area: 1048 Square Feet
  • Gross Income: 266895.00
  • Gross Operating Income: 264227.00
  • Gross Scheduled Income: 266895.00
  • Insurance Expense: 11658.00
  • Lot Size Area: 40191.0000 Square Feet
  • Maintenance Expense: 6062.00
  • Net Operating Income: 173600.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 52038.00
  • Other Expense: 10580.00
  • Other Expense Description: Taxes
  • Rent Control: Yes
  • Total Actual Rent: 25330.00
  • Total Expenses: 52038.00

Tax Info

  • Tax Census Tract: 5344.06
  • Tax Lot: 355
  • Tax Tract Number: 180
  • TaxOtherAnnualAssessmentAmount: 2545.00

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/27/2022 07/27/22 Sold $5,250,000 -2.8% $345 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $5,400,000 -- $355 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $35,439 $2,731,050 $1,040,400 $1,690,650
2024 $34,413 $2,677,500 $1,020,000 $1,657,500
2023 $33,821 $2,625,000 $1,000,000 $1,625,000
2022 $5,038 $210,909 $33,280 $177,629
2021 $4,944 $206,775 $32,628 $174,147
2020 $4,956 $204,656 $32,294 $172,362
2019 $4,838 $200,644 $31,661 $168,983
2018 $4,394 $196,711 $31,041 $165,670
2016 $4,102 $189,075 $29,837 $159,238
2015 $4,054 $186,236 $29,389 $156,847
2014 $4,103 $182,589 $28,814 $153,775
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22051945

California Regional Multiple Listing Service (CRMLS)
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