4939 Santa Ana Street,  Cudahy CA, 90201 (Residential Income)

5,083 sqft
Status: Active
MLS#: CV17214774
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Last Updated: 11/22/2017 7:53 PM
Description for 4939 Santa Ana Street Cudahy, CA 90201
We are pleased to offer for sale this 5 unit multi-family investment property located in the city of Cudahy. Originally constructed in 1946 as a 4 Bedroom/2 Bathroom single family residence, in 1965 4 additional 2 Bedroom/1 Bathroom single story cottages were constructed on the property given the amount of unused land. The 4 Bedroom house offers a bonus room currently being utilized as a 5th bedroom, as well as large living room with built in bar, dining room, updated kitchen, private laundry hookups and an attached two-car garage. The remaining 2 Bedroom cottages (all detached - no shared or common walls) offer tenants both car-port and open space parking, individual laundry hookups, as well as tiled kitchens and living rooms. Given the 20,476 sqft lot and unused land at the rear of the subject property, there may be a development opportunity (buyer to verify with proper city authorities). The current tenants who occupy the rental units are long term with conservative rental rates in place which offers a new investor a value add opportunity to significantly increase the gross rental income and thus, the over all cash-on-cash return.
Price
$1,225,000
Los Angeles
5,083 (approx)
CV17214774
Active
Description
We are pleased to offer for sale this 5 unit multi-family investment property located in the city of Cudahy. Originally constructed in 1946 as a 4 Bedroom/2 Bathroom single family residence, in 1965 4 additional 2 Bedroom/1 Bathroom single story cottages were constructed on the property given the amount of unused land. The 4 Bedroom house offers a bonus room currently being utilized as a 5th bedroom, as well as large living room with built in bar, dining room, updated kitchen, private laundry hookups and an attached two-car garage. The remaining 2 Bedroom cottages (all detached - no shared or common walls) offer tenants both car-port and open space parking, individual laundry hookups, as well as tiled kitchens and living rooms. Given the 20,476 sqft lot and unused land at the rear of the subject property, there may be a development opportunity (buyer to verify with proper city authorities). The current tenants who occupy the rental units are long term with conservative rental rates in place which offers a new investor a value add opportunity to significantly increase the gross rental income and thus, the over all cash-on-cash return.
Listing Information
Property Type: Cluster, Other
0.47 Acres 20,477 sq.ft. 5,083 (approx)
$241 1946
Yes- 2 spaces
5 Total
Neighborhood
Room Information
Outside
Exterior / Lot Features
2 Garage Spaces, 18 Parking Spaces, Assigned Parking Space
None
No Pool
CUR3*
Gutters, Sidewalks, Curbs Walk
Driving Directions
West of the 710 Freeway/South of Florence Ave
Financial Considerations
6224011005
$88,200 Income ,$27,862Expense
Listing Price History

Cudahy Real Estate

Cudahy is located in California. Cudahy, California 90201 has a population of 24,311.

The median household income in Cudahy, California 90201 is $37,759. The median household income for the surrounding county is $55,870 compared to the national median of $53,482. The median age of people living in Cudahy 90201 is 26.3 years.

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Courtesy: KRISTOPHER GERMAN - RE/MAX 2000
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