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Property Detail Learn more about Cudahy, CA

Address Not Available
Cudahy, CA 90201

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Basic Information

Price:

$4,850,000

Type:

Multi-Family

Bedrooms:

Bathrooms:

Square Feet:

23027

Year Built:

1960

County:

Los Angeles

MLS ID:

12-580335

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 all the units have been rehabbed. Excellent rental location. Opportunity to add value. No rent control. Individually metered for gas and electricity. Buildings sit on 54,319 square feet of land with 72 parking spaces; both open and carports. Property can be purchased with 25% downpayment providing for a cash-on-cash return in the 8% to 9% range. Please do not contact on-site manager or tenants. Contact listing agent for full details. Highlights: ~~ EXCELLENT RENTAL LOCATION~~ GREAT UNIT MIX CONSISTING OF PRIMARILY 2-BEDROOM UNITS~~ OPPORTUNITY TO ADD VALUE~~ NO RENT CONTROL~~ INDIVIDUALLY METERED FOR GAS AND ELECTRICITY~~ 25% DOWNPAYMENT AND 8% TO 9% COC RETURN

Interior Features

Square Feet:

23,027

Appliances:

Range

Unit 1 Bedrooms:

1

Unit 1 Total Baths:

1.0

Unit 2 Bedrooms:

1

Unit 2 Total Baths:

1.0

Unit 3 Bedrooms:

2

Unit 3 Total Baths:

1.0

Unit 4 Bedrooms:

2

Unit 4 Total Baths:

1.0

Structure Information

Parking Description:

Uncovered

Cooling Type:

None

Heating Delivery:

Wall Heater

Roof:

Composition

Total Units:

37

Year Built:

1960

Additional Information

County:

Los Angeles

Exterior Features

Pool Description:

No Pool

Financial Considerations

Price:

$4,850,000

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Listed By: Re/Max Commercial, Juan Cardenas - CA DRE: 01233927

Link to This Listing:

Originally Received: 

2/7/2012

Last Refreshed: 

5/25/2012 9:03:00 PM

Total Views: 

67   (as of 5/25/2012)

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