$4,750,000
Just Listed! Exceptional investment opportunity in the city of Cudahy featuring 13 units plus 3 brand-new ADUs (16 units total), delivering excellent cash-flow from day one. This well-positioned asset offers a current 6% CAP Rate and 11.2 GRM, combining strong in-place income with long-term growth potential. The property boasts an ideal unit mix consisting of four 3-Bed/2-Bath units, nine 2-Bed/1-Bath units, and three newly constructed ADUs (one 2-Bed/1-Bath, one 1-Bed/1-Bath, and one studio) appealing to a wide range of tenants. Spanning approximately 13,075 rentable square feet on a 20,146 sq. ft. lot, the property provides scale and functionality for investors seeking a stabilized, high-performing asset. Tenants benefit from ample parking with 15 carport spaces and 8 open spaces, while operating expenses remain efficient with tenants paying for their own utility usage. Recent improvements include a brand-new main electrical panel, adding to the property’s long-term reliability. Ideally located near parks, schools, and public transit, this asset is positioned in a high-demand rental corridor with strong tenant fundamentals.
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Listed by Kristopher German with RE/MAX 2000 REALTY (626) 956-0188
Property Type
Apartment
Status
Active
MLS Number
CV26074272
Year Built
1964
Lot Size
0.46 acres