5
See all 5 photos
$1,495,000
Est. payment /mo
8 Beds
4 Baths
0.46 Acres Lot
Pending
4710 Live Oak Cudahy, CA 90201
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SB26062889
Bedrooms 8
Lot Size 0.457 Acres
Lot Dimensions 53x385
Property Sub-Type Res Income 2-4 Units
Property Description
Excellent opportunity to acquire a 6-unit multifamily income property in the heart of Cudahy, CA. Built in 1959 and situated on a generous 20,405 SF (0.47-acre) lot, this property features six (6) 2-bedroom/1-bathroom units, shared garages between units, and ample on-site surface parking a rare and desirable combination in this dense urban submarket. A rare find for a building of this era all six units are individually metered for gas, electric, and water. Beyond the immediate benefit of zero owner utility exposure, individual metering unlocks a broader range of investment strategies and future optionality that master-metered properties simply cannot offer. Five of the six units are currently leased below market value, generating a current gross annual income of $137,364 ($11,447/month). With Unit 6 already achieving $2,646/month as a market-rate comparable, there is significant rental upside as below-market leases turn. At the asking price of $1,495,000, the property offers a current Cap Rate of 5.24% and a GRM of 10.88x. Conveniently located near the 710 and 105 freeways, Florence Street, and Atlantic Avenue, with shopping, dining, and transit all within close proximity. $1,495,000 | $249,167/Unit | 6 Units | 20,405 SF Lot | CAP: 5.24% (Current) / 7.26% (Pro Forma) Buyer to verify all information independently. Subject to applicable rental regulations.
Location
State CA
County Los Angeles
Zoning Assessor
Direction In between Atlantic and Wilcox on Live Oak st
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6226013023
Acceptable Financing Cash
Listing Terms Cash
Listed by Christian Medina, DRE#02011104 CJM Realty
NEARBY SCHOOL & BUSINESS
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