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Key Details
Sold Price $1,800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22213299
Year Built 1957
Lot Size 0.469 Acres
Property Description
Young Lewin Advisors is pleased to present 4926 Santa Ana Street, a six-unit single story detached bungalow style multifamily property in the city of Cudahy, CA. The offering has been under professional management for years and is clean and well maintained with solid in place cashflow at a 4.64% cap rate and 13.78 GRM with rents approximately 20% below market. The property sits on a large half acre lot and is in a Qualified Opportunity Zone. The offering consists of a 3 bed/two bath house in the front built in 1929 with an unattached double car garage, four identical 2 bed/1 bath units built in 1957 with attached single car garage, and a 3 bed/1.5 bath unit in the back built in 1983 (buyer to verify)with an attached double car garage. All units are separately metered for gas and electricity. Please note, the back house does not show on the county assessor- but is approximately 976 square feet (buyer to verify).
Location
State CA
County Los Angeles
Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud
Zoning CUR3*
Interior
Laundry Washer Hookup
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Urban
Building
Lot Description Front Yard, Garden
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
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Bought with NONE NONE • None MRML