$1,850,000
$2,099,999
11.9%For more information regarding the value of a property, please contact us for a free consultation.
5252 Live Oak ST Cudahy, CA 90201
Key Details
Sold Price $1,850,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW18045487
Sold Date 06/05/18
HOA Y/N No
Year Built 1932
Property Description
Great development project approved by council and planning commission for 19 condominiums. This project consists of (3) 5 unit buildings and (1) 4 unit buildings for a total of 4 structures. 15 units will be 1,596 sq. ft. of living area (4 bed rooms) and 4 units will be 1,458 sq. ft. (3 bed rooms) all units will have 440 sq. ft. 2 car garages. Parcel dimensions are 105’ x 385’ (40,025 sq ft).
The property currently has 5 units generating rental income (month-to-month agreements, Not subject to rent control). Comparable condominiums on the same street are selling in the mid to high 400’s. Start building within months! Seller has done all the hard and time consuming work with the city! Please inquire for more details.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre, Lot Over 40000 Sqft
Story 1
Water Public
Others
Tax ID 6226017010
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Mehran Moaddel • The Moaddel Group