NOT LISTED FOR SALE

5313 Elizabeth St Cudahy, CA 90201

Cudahy Area
6 Beds
4 Baths
23,027 Sq Ft
1.25 Acre Lot

Sale Details

Date 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

Last Buyer's Agent

Jaime Garcia

License #01233300

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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

1.25 Acres

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2021
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 18, 2013
Closed on
Feb 21, 2014
Sold by
Bought by
Seller's Agent
Juan Cardenas
Remax Commercial and Investment Realty
Buyer's Agent
Jaime Garcia
List Price
$5,095,000
Sold Price
$5,500,000
Premium/Discount to List
$405,000
7.95%

Purchase Details

Closed on
Jan 9, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,648,750
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 25, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 21, 2004
Sold by
Bought by

Purchase Details

Closed on
Jun 25, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,146,250
Interest Rate
5.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cudahy, CA

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Purchase 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 Buyer Sale Price Title Company
-- None Listed On Document
$5,775,000 Old Republic Title Company
$2,166,000 Chicago Title Company
$4,950,000 Chicago Title Co
$15,000 --
-- --
-- Chicago
$3,800,000 Chicago
$700,000 First American Title Company
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $5,200,000
Previous Owner $2,000,000
Previous Owner $3,900,000
Previous Owner $3,400,000
Previous Owner $3,648,750
Previous Owner $2,146,250
Source: Public Records

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
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

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 $44,917 $3,285,098 $1,639,556 $1,645,542
2024 $43,434 $3,220,685 $1,607,408 $1,613,277
2023 $42,697 $3,157,536 $1,575,891 $1,581,645
2022 $40,716 $3,095,625 $1,544,992 $1,550,633
2021 $40,231 $3,034,928 $1,514,699 $1,520,229
2020 $40,617 $3,004,849 $1,499,168 $1,505,681
2019 $39,055 $2,945,952 $1,469,773 $1,476,179
2018 $38,376 $2,888,209 $1,440,954 $1,447,255
2016 $36,647 $2,775,057 $1,385,000 $1,390,057
2015 $36,303 $2,753,946 $1,223,976 $1,529,970
2014 $35,652 $2,642,389 $1,289,882 $1,352,507
Source: Public Records

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Map

Source: The MLS

MLS Number: 13-705121

The MLS

APN: 6226-028-022

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