NOT LISTED FOR SALE

5239 Clara St Cudahy, CA 90201

10 Beds
6 Baths
4,772 Sq Ft
0.4 Acres

Last Sold October 25, 2023

Last sale price $1,100,000 $231 Per Sq Ft

17 Days on Market

Highlights

  • 0.4 Acre Lot
  • 1-Story Property
  • 3-minute walk to Cudahy River Park
  • Bell High School Rated A-

About This Home

As of October 2023

5239 Clara Street is a 6-unit (all single story) multifamily investment asset located in the highly desirable rental market of Cudahy. The property features (4) two-bedroom units and (2) one-bedroom units with garage and open space parking on 17,315 square feet of prime Southern California land. Some recent improvements include all new electrical meter boxes as well as two units that have upgraded kitchens and flooring. There is approximately 50% upside in the rental income. The subject property has been in the same family for decades and is an excellent investment opportunity because of it's great location and substantial amount of rental upside.

Last Agent to Sell the Property

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 07/27/2023

Remax Commercial and Investment Realty

Last Buyer's Agent

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 07/27/2023

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 0.4

Parking

  • 9 Parking Spaces

Interior Spaces

  • 4,772 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Additional Features

  • 0.4 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 6226-018-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 4772
  • Lot Acreage: 0.3975
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 271.37

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 1 Car, Garage - 2 Car, Parking Space
  • Total Parking: 9

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 65.00
  • Assessed Improvement Value: 445508
  • Assessed Land Percent: 35
  • Assessed Land Value: 239879
  • Total Assessed Value: 685387
  • Assessor Parcel Number: 6226-018-012
  • Lot Size Area: 17315

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.35
  • Number Of Units: 6
  • Total Annual Expense: 37621
  • Type Of Units: Multifamily
  • Vacancy Rate: 3%

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
10/25/2023 10/25/23 Sold $1,100,000 -15.1% $231 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/11/2023 08/11/23 Price Changed $1,295,000 -15.4% $271 / Sq Ft
07/27/2023 07/27/23 For Sale $1,530,000 -- $321 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-295047

The MLS