4861 Clara St - Apartments FOR SALE


Bell, CA 90201- Cudahy | 
$4,000,000 USD
949-295-8560
4861 Clara St, Bell, CA for Sale
$4,000,000 USD
Apartments - FOR SALE
1/8
null | 5.77% Cap Rate

4861 Clara St
Bell, CA 90201
Cudahy


HIGHLIGHTS

  • 100% 2BR Units
  • Priced at $200K/Door
  • $225/SF
  • 9.4% Cap Rate on Market Rents
  • Substantial Rental Upside & Value-Add
  • Next to Elizabeth Regional Learning Center & Clara Street Park

OVERVIEW

Morgan Skenderian is pleased to present 4861 E. Clara Street, a rare opportunity to purchase a 20-unit apartment building with a prime unit mix of all 2-bedroom units for $200,000 per unit. The property sits next to the large Elizabeth Regional Learning Center and Clara Street Park in the excellent rental city of Cudahy. This is a true value-add opportunity for a new owner to improve property aesthetics and increase future income. The property offers spacious floorplans, ample parking and on-site laundry facilities. Given the property’s ideal central location near Southland freeways (30 minutes or less median travel time to work) and the city’s renter profile being ±86% of the population, 4861 Clara Street will benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$190 USD /SF

# OF UNITS

20

PRICE/UNIT

$200,000

CAP RATE

5.77%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,676 SF

ZONING

CUR3*

APN/PARCEL ID

6226-020-031

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 Notice.