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Sold for $2,975,000
  • Listing Provided by: Keller Williams Realty
    Bought with: Keller Williams Realty
    $2,975,000

    4731 Clara St, Cudahy, CA 90201

    23beds
    15baths
    12,195sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $1,868,700 Zestimate®
    $244/sqft
    $2,538 Estimated rent

    Home value

    $1,868,700

    $1.49M - $2.39M

    $2,538/mo

    Zestimate® history
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    What's special

    It is rare to find a property like 4731-4743 Clara available to purchase on the market today. The property is comprised of three large lots, with an astonishing footprint of over 60,000 total square feet! The property feels more like a park in certain places! The property boasts a diverse unit mix and ample parking. There is a myriad of executable business plans that may be able to be implemented at the subject property. Clearly, there is presently upside in rental income in the SFR-like units which can be attained over time. These units are like homes, many with their own front and back yard areas. Additionally, numerous ADU opportunities might be available for value add investors. Furthermore, this property may present developers, tax credit and otherwise, with a much larger development opportunity based on current zoning and the demand for subsidized housing in California (buyer to verify all of the above). What is also terrific about this asset is the proximity to the Clara Park next door which boasts the Leo Turner Community Center. This center hosts a number of recreational opportunities for local residents. This property is a tremendous opportunity for the right, entrepreneurial real estate group/investor.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Josh Cohen DRE #01346713 310-480-2130,

    Keller Williams Realty

    Bought with:

    Josh Cohen, DRE #01346713

    Keller Williams Realty

    Source: CRMLS,MLS#: SB24178496MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 23
    • Bathrooms: 15
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 12,195
    • Total interior livable area: 12,195 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 1.41 Acres
    • Features: Street Level
    Details
    • Additional parcels included: 6226021006, 6226020036
    • Parcel number: 6226021007
    • Zoning: CUR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Cudahy

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange

    Price history

    DateEventPrice
    9/27/2024Sold$2,975,000-12.5%$244/sqft
    Source: CRMLS #SB24178496 Report a problem
    9/4/2024Pending sale$3,400,000$279/sqft
    Source: CRMLS #SB24178496 Report a problem
    8/28/2024Listed for sale$3,400,000+615.8%$279/sqft
    Source: CRMLS #SB24178496 Report a problem
    3/12/1998Sold$475,000$39/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,465 +76.5%$600,000 +73.7%
    2024$4,795 +1.7%$345,380 +2%
    2023$4,715 +4.8%$338,609 +2%
    2022$4,497 +1.2%$331,970 +2%
    2021$4,443 -0.7%$325,462 +1%
    2020$4,474 $322,125 +2%
    2019$4,474 +7.6%$315,810 +2%
    2018$4,156 $309,619 +2%
    2017$4,156 +2.1%$303,549 +2%
    2016$4,070 +2.6%$297,598 +1.5%
    2015$3,968 +1.6%$293,128 +2%
    2014$3,907 $287,387 +14.5%
    2012-- $251,000
    2011-- $251,000 -6.7%
    2010-- $269,000 -9.1%
    2009-- $295,900 -19.8%
    2008-- $368,980 +264.3%
    2007-- $101,293 +2%
    2006-- $99,308
    2005-- $99,308 +4%
    2004-- $95,454 +1.9%
    2003-- $93,705 +2%
    2002-- $91,869 +4%
    2000-- $88,304

    Find assessor info on the county website

    Neighborhood: 90201

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,868,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,868,700