5030 Santa Ana - Apartments FOR SALE


Cudahy, CA 90201
$9,400,000 USD
949-295-8560
5030 Santa Ana, Cudahy, CA for Sale
$9,400,000 USD
Apartments - FOR SALE
1/13
null | 5.12% Cap Rate

5030 Santa Ana
Cudahy, CA 90201


HIGHLIGHTS

  • 82% 2 & 3-Bedroom Units
  • Rare Cudahy Opportunity
  • Priced to Sell at $204,348/Unit
  • First Time on the Market in ±31 Years
  • Massive Amount of Rental Upside

OVERVIEW

Offered for the first time in 31 years, we are pleased to present 5030 Santa Ana Street, a 46-unit multifamily opportunity in the city of Cudahy. The property offers an extremely sought-after unit mix rarely found in apartment buildings, consisting of eight 1-bedroom, twelve 2-bedroom and twenty-six 3-bedroom units on an oversized 1.33 acre lot. Cudahy is a phenomenally-good rental market for apartment owners, with the city having one of the highest population of densities of any city in the United States. Paired with the fact that 86% of Cudahy residents are renters, the city has almost an nonexistent vacancy rate and rapidly rising rents as demand far outpaces supply. Please contact listing broker for an Offering Memorandum.

FOR SALE DETAILS

PRICE

$9,400,000 USD

PRICE/SF

$191 USD /SF

# OF UNITS

46

PRICE/UNIT

$204,348

CAP RATE

5.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

78

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,974 SF

ZONING

-

APN/PARCEL ID

6224-016-031

ASK ABOUT THIS PROPERTY

Doug RodermundMorgan-Skenderian Investment Real Estate GroupMore Info
949-295-8560

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Doug RodermundMorgan-Skenderian Investment Real Estate GroupMore Info
949-295-8560

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.