15
See all 15 photos
$3,295,000
Est. payment /mo
19 BD
10 BA
8,800 SqFt
New
5200 Live Oak ST Cudahy, CA 90201
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
12/24/2024 12:49 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,800 sqft
Price per Sqft $374
MLS Listing ID 24473935
Bedrooms 19
HOA Y/N No
Year Built 1917
Lot Size 0.930 Acres
Property Description
We are pleased to present 5200 Live Oak Street, a 100% single story 10-unit multifamily investment opportunity located in the city of Cudahy. This property features eight detached single-family homes and one duplex, all situated on an expansive 40,503-square-foot lot. The unit mix is ideal, consisting of seven 2-bedroom, 1-bath units, one 3-bedroom, 1-bath unit, and two 3-bedroom, 2-bath units. Parking includes garages, carports, and open spaces, offering convenience for tenants. Tenants are responsible for gas and electricity, while the owner pays for water and trash. Offered at an attractive 5.80% Cap Rate and 10.9 GRM based on actual income, 5200 Live Oak Street delivers strong cash flow from the very first day. Several units have been completely rehabbed, while the remaining units are in good condition. The property also includes a large vacant space at the rear, which presents an excellent opportunity for an ADU, subject to buyer verification with the city. 5200 Live Oak Street is conveniently located near the 710 Freeway, providing seamless access to surrounding areas and major employment hubs such as Downtown Los Angeles, Vernon, and Commerce. Its location offers a strategic advantage for commuters and tenants seeking proximity to job centers and essential amenities. This is an exceptional opportunity to acquire a stabilized, high-performing investment property offering strong cash flow and minimal management challenges. Buyer to verify the number of units, unit mix, year built, square footage, ADU potential, and any other property specifics with the City of Cudahy. Seller or agent make no warranties or representations regarding these details.
Location
State CA
County Los Angeles
Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud
Zoning CUR3*
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Carport, Door-Multi, Garage
Attached Garage Yes
Total Parking Spaces 18
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6226017030
Special Listing Condition Standard
Listed by Nicholas Petrosian • Remax Commercial and Investment Realty