NOT LISTED FOR SALE

Cudahy, CA 90201

6 Beds
4 Baths
23,027 Sq Ft
1.25 Acres

Last Sold February 27, 2014

Last sale price $5,500,000 $239 Per Sq Ft

37 Days on Market

Highlights

  • 54,319 Sq Ft lot
  • Built-In Features
  • 3-minute walk to Cudahy River Park

About This Home

As of February 2014

OWNER INSTRUCTIONS: OWNER REQUESTS THAT THE MANAGER OR TENANTS NOT BE CONTACTED FOR ANY REASON - NO CONSIDERATION WILL BE GIVEN TO AN OFFER SUBMITTED BY AN AGENT OR BUYER THAT FAILS TO COMPLY WITH THIS REQUEST. Entire Address: 5313-5319 Elizabeth Street, Cudahy, CA (APN: 6226-028-022 and 6226-028-025) Nice turnkey property that is freshly painted with new landscape. Building is well managed and runs very well with better than 95% occupancy. Room to raise rents. 36 Legal Plus 1 Nonconforming unit; excellent unit mix of (34) 2-bedroom / 1-bath apartments and (3) 1-bedroom / 1- bath apartments. Approximately 2/3 of the units have been rehabbed. Property has 2:0 parking spaces per apartment which is a highly sought after amenity in the city of Cudahy given that on-street overnight parking is not allowed. Excellent rental location. No rent control. Individually metered for gas and electricity. Buildings sit on 54,319 sq.ft. of land. Property has an in-place loan that must be assumed.

Last Agent to Sell the Property

Juan Cardenas

Remax Commercial and Investment Realty License #01233927 Listed on: 09/18/2013

Remax Commercial and Investment Realty

Last Buyer's Agent

Jaime Garcia

License #01233300

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 1.25

Interior Spaces

  • 23,027 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Parking

  • 72 Parking Spaces
  • Uncovered Parking

Additional Features

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

Community Details

  • 2 Buildings
  • 37 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Living Area: 23027
  • Stories: 2
  • Year Built: 1960
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Built-Ins
  • Price Per S Q F T: 221.26

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 72

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No
  • Lot Size Area: 54319

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.60
  • Number Of Units: 37
  • Type Of Units: 37 Units

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft
02/27/2014 02/27/14 Sold $5,500,000 +7.9% $239 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $5,095,000 -- $221 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Juan Cardenas

    Seller's Agent in 2014

    Juan Cardenas

    RE/MAX

    (562) 587-5494

    7 in this area

    28 Total Sales

    Juan Cardenas
    Section Image

  • J

    Buyer's Agent in 2014

    Jaime Garcia

See All Agents

Source: The MLS

MLS Number: 13-705121

The MLS

APN: 6226-028-022

California Los Angeles County Cudahy

90201

Not Listed for Sale

MultiFamily

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