4426 Clara St - Apartments FOR SALE


Cudahy, CA 90201
$3,000,000 USD
949-419-3222
4426 Clara St, Cudahy, CA for Sale
$3,000,000 USD
Apartments - FOR SALE
1/6
null | 6.41% Cap Rate

4426 Clara St
Cudahy, CA 90201


HIGHLIGHTS

  • Excellent Unit Mix
  • Well Maintained Property
  • Large Lot With Ample On-Site Parking
  • Dense In-Fill Location

OVERVIEW

Marcus & Millichap is pleased to offer for sale the apartment complex located at 4426 Clara Street in the City of Cudahy. The property is a 13 unit complex built in 1963 and renovated in 2023. The units are master metered for gas and electricity. The building is situated on a large lot with ample carport parking in the rear. The complex has a gated parking and pedestrian entrance. The unit mix consist of 12 two bedroom one bath units and 1 three bedroom one bath single story unit in the front of the building. Many of the units have been upgraded with new flooring, fixtures, countertops and bathrooms. The City of Cudahy is located approximately 8 miles southeast of downtown Los Angeles and boasts one of the highest population densities of any incorporated city in the country. The city has a population of over 20,000 and over 80% of the residents are renters. Cudahy enjoys easy access to the 710 freeway which borders the city to the east. The City of Cudahy's Rent Stabilization Ordinance allows for 3% annual rent increases.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$284 USD /SF

# OF UNITS

13

PRICE/UNIT

$230,769

CAP RATE

6.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,107 SF

ZONING

CUR3*

APN/PARCEL ID

6225-028-006

ASK ABOUT THIS PROPERTY

John SusankMarcus & MillichapMore Info
949-419-3222

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John SusankMarcus & MillichapMore Info
949-419-3222

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