Cudahy, CA 90201 5100 Elizabeth Street
$2,550,000
Pending
6 more
Presented By: Nicholas Petrosian with Remax Commercial and Investment Realty;
Home Details
We are pleased to present 5100 Elizabeth Street, a 9-unit multifamily investment asset sitting on 33,861 square feet of prime Southern California multifamily residential land. The property consists of (2) 3-bedroom single family homes, (5) 2-bedroom single family homes and (1) duplex, each with 2-bedroom units. Ample garage parking with (16) total spaces and tenants each pay their own gas and electric. There is approximately 45% upside in the current rents and the potential for multiple ADU's - Buyer to verify with city. The subject offering presents an excellent investment opportunity because of it's great location, significant amount of rental upside and ADU potential. BUYER TO VERIFY UNIT MIX AND SQUARE FOOTAGE WITH THE CITY OF CUDAHY.
Presented By: Nicholas Petrosian with Remax Commercial and Investment Realty;
Interior Features for 5100 Elizabeth Street
Bedrooms
Total Bedrooms20
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths11
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories1
General for 5100 Elizabeth Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate2.51
Carport Y/NNo
CityCudahy
CoolingNone
CountyLos Angeles
Days on Market6
DirectionsSouth of Florence Avenue and East of Wilcox Avenue
Full Baths
Garage Spaces16.0
Garage Y/NYes
Gross Income145500.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet33861.0
Lot Size UnitsSquareFeet
MLS AreaT5 - WalnutPk, HuntPk, Bell N of Florence, and Cud
MobileHomeRemainsYNNo
Net Operating Income63972.0
New ConstructionNo
NumberOfUnitsTotal9
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
View Y/NNo
Waterfront Y/NNo
Year Built1956
Year Built SourceAssessor
ZoningCUR3*
Exterior for 5100 Elizabeth Street
Building Area Total8064.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.7773
Lot Size Area33861.0
Lot Size SourceAssessor
Number of Buildings8
Open Parking Y/NNo
Parking FeaturesDoorMulti, DoorSingle, Garage
SpaNo
Total Parking16.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480