5200 Live Oak St - Apartments FOR SALE


Cudahy, CA 90201
$2,975,000 USD
949-419-3222
5200 Live Oak St, Cudahy, CA for Sale
$2,975,000 USD
Apartments - FOR SALE
1/13
null | 7% Cap Rate

5200 Live Oak St
Cudahy, CA 90201


HIGHLIGHTS

  • Low density single story construction
  • Large lot
  • ADU potential

OVERVIEW

This offering is a 10 unit apartment complex in the City of Cudahy consisting of 7 two bedroom units and 3 three bedroom units. The building is low density single story construction with attached garages and is situated on .93 acres of land. There is a vacant section of land in the rear of the property that may allow a new owner the opportunity to build ADU's (Buyer to verify). The units are separately metered for gas and electricity. The current rents on this property are at or close to market rates which gives the Buyer a going in capitalization rate of 7%. The City of Cudahy Rent Stabilization Ordinance allows for 3% annual rent increases. The City of Cudahy is located approximately 10 miles South East of downtown Los Angeles and boasts one of the highest population densities in the US. The property enjoys easy access to the 710 freeway.

FOR SALE DETAILS

PRICE

$2,975,000 USD

PRICE/SF

$338 USD /SF

# OF UNITS

10

PRICE/UNIT

$297,500

CAP RATE

7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,503 SF

ZONING

CUR3*

APN/PARCEL ID

6226-017-030

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 Policy.