3
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$1,050,000
Est. payment /mo
8 Beds
4 Baths
5,098 Sqft Lot
Active Under Contract
7701 Walker Cudahy, CA 90201
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID DW26135968
Bedrooms 8
Lot Size 5,098 Sqft
Lot Dimensions 5162
Property Sub-Type Res Income 2-4 Units
Property Description
7701 Walker Ave presents the opportunity to acquire a four unit (8BD/4BA) multifamily asset in the supply constrained Southeast Los Angeles submarket. Held by the same ownership since 2003, the property has benefited from long-term stewardship and recent capital improvements, including a three year new roof and new parking concrete floor, minimizing near-term capital requirements. Offering immediate cash flow, the asset is priced at a 6.49% cap rate and 11.33 GRM. The property consists of four two-bedroom, one bath units, providing investors with stable in-place income and a unit mix well-aligned with the area's renter market. Situated on a corner lot along a cul-de-sac street, the asset offers an attractive residential setting complemented by on-site carport parking for tenants. Located in Cudahy, the second most densely populated city in California, 7701 Walker Ave benefits from strong underlying housing fundamentals and high barriers to new supply. The offering presents investors with the opportunity to acquire a proven cash-flowing asset supported by long-term ownership, recent improvements, and durable demand drivers. City rent control in place.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Live Oak, West of 710
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6226027042
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Edwin Mariscal, DRE#01119480 Edwin Mariscal, Broker
NEARBY SCHOOL & BUSINESS
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