PRICED TO SELL! Now offered at a 7.38% CAP Rate, 9.4 GRM!!! Exceptional investment opportunity in the city of Cudahy featuring 13 units plus 3 brand-new ADUs (16 units total), with certificates of occupancy recently issued, delivering excellent day-one cash flow with the heavy lifting already completed. From an investment standpoint, the numbers are compelling; offering a 7.38% CAP Rate, 9.4 GRM, and an unbelievable 7.60% CASH-ON-CASH return with current rents in place. The property features an ideal unit mix of four 3-Bed/2-Bath units, nine 2-Bed/1-Bath units, and three newly constructed ADUs (2-Bed/1-Bath, 1-Bed/1-Bath, and a Studio unit) a combination that attracts a broad tenant base and supports consistent occupancy.
Spanning approximately 13,075 rentable square feet on a 20,146 sq. ft. lot, and is conveniently located near parks, schools, and public transportation, enhancing long-term rental demand.
Tenants benefit from ample parking with 15 carport spaces and 8 open spaces, while operating expenses remain efficient with tenants paying for their own utility usage. Recent improvements include a brand-new main electrical panel and newer plumbing, adding to the property’s long-term reliability. Deals with this level of cash-flow are non-existent. Run the numbers, compare it to anything else on the market, and you'll find this one stands on its own.
88 days
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63
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1
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Zillow last checked:
Listing updated:
Listed by:
Kristopher GermanDRE #01800021909-645-0443,
RE/MAX 2000 REALTY
Source: CRMLS,MLS#: CV26074272Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 33
Bathrooms: 20
Cooling
Wall/Window Unit(s)
Appliances
Laundry: None
Features
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls
Interior area
Total structure area: 13,074
Total interior livable area: 13,074 sqft
Property
Parking
Total spaces: 23
Parking features: Assigned, Carport, One Space
Carport spaces: 15
Uncovered spaces: 8
Accessibility
Accessibility features: None
Features
Levels: Two
Stories: 2
Entry location: 1
Pool features: None
Spa features: None
Fencing: Block
Has view: Yes
View description: None
Lot
Size: 0.46 Acres
Features: 0-1 Unit/Acre
Details
Parcel number: 6226019017
Zoning: CUR3*
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Roof: Flat
Condition
New construction: No
Year built: 1964
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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