5100-5106 Elizabeth St - Apartments FOR SALE


Cudahy, CA 90201
$2,550,000 USD
949-607-7096
5100-5106 Elizabeth St, Cudahy, CA for Sale
$2,550,000 USD
Apartments - FOR SALE
1/18
null | 2.51% Cap Rate

5100-5106 Elizabeth St
Cudahy, CA 90201


HIGHLIGHTS

  • 7 Detached SFR's and 1 Duplex on 33,861 Sq Ft of Land
  • Excellent Unit Mix of 2 and 3 Bedroom Units
  • 45% Upside in the Rental Income
  • Garage Parking for all Tenants (Total of 16 Spaces)
  • Separately Metered for Gas & Electricity
  • Potential to Add ADU's - Buyer to Verify w/ City

OVERVIEW

We are pleased to present 5100 Elizabeth Street, a 9-unit multifamily investment asset sitting on 33,861 square feet of prime Southern California multifamily residential land. The property consists of (2) 3-bedroom single family homes, (5) 2-bedroom single family homes and (1) duplex, each with 2-bedroom units. Ample garage parking with (16) total spaces and tenants each pay their own gas and electric. There is approximately 45% upside in the current rents and the potential for multiple ADU's - Buyer to verify with city. The subject offering presents an excellent investment opportunity because of it's great location, significant amount of rental upside and ADU potential. BUYER TO VERIFY UNIT MIX AND SQUARE FOOTAGE WITH THE CITY OF CUDAHY.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$316 USD /SF

# OF UNITS

9

PRICE/UNIT

$283,333

CAP RATE

2.51%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

-

APN/PARCEL ID

6224-002-013

ASK ABOUT THIS PROPERTY

Nicholas PetrosianRE/MAX Commercial & Investment RealtyMore Info
949-607-7096

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Nicholas PetrosianRE/MAX Commercial & Investment RealtyMore Info
949-607-7096

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