4436 Clara St - Apartments FOR SALE


Cudahy, CA 90201
$5,250,000 USD
949-419-3222
4436 Clara St, Cudahy, CA for Sale
$5,250,000 USD
Apartments - FOR SALE
1/6
null | 6.68% Cap Rate

4436 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 4436 Clara Street in the City of Cudahy. The property is a 22 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 . The complex has a gated parking and pedestrian entrance. The units are all 2 bedroom one bath . 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

$5,250,000 USD

PRICE/SF

$306 USD /SF

# OF UNITS

22

PRICE/UNIT

$238,636

CAP RATE

6.68%

% 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

32

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

R3, Cudahy

APN/PARCEL ID

6225-028-005

ASK ABOUT THIS PROPERTY

John SusankMarcus & MillichapMore Info
949-419-3222

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

John SusankMarcus & MillichapMore Info
949-419-3222

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