Cudahy, CA 90201,5021 Elizabeth ST

$765,000

Est. payment /mo

$775,000

1.3%
Est.Price: ?

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5021 Elizabeth ST Cudahy, CA 90201

3,792 SqFt

SOLD DATE : 07/03/2014

Key Details

Sold Price $765,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,792 sqft

Price per Sqft $201

MLS Listing ID CV14070444

Sold Date 07/03/14

HOA Y/N No

Year Built 1956

Tax Year 2013

Lot Size 0.473 Acres

Acres 0.473

Property Description

We are pleased to exclusively offer for sale this 6 unit cottage style multi-family investment in the city of Cudahy (no rent control.) The subject property consists of 4 detached buildings comprised of; two detached cottages and two duplexes. The single story cottages are both 2 bedroom-1 bathroom and offer private gated yards, private attached garage parking and private laundry hookups. The duplex buildings are comprised of 2 bedroom-1 bathroom units and offer private gated backyards, private attached garage parking as well as private laundry hookups. None of the units share common walls with another dwelling as the duplex units are separated by the one car garages. The owner only pays for water and trash as all units are separately metered for electricity and gas. At over a 6.5% true cash on cash return, this investment property offers significant cash-flow.
The subject property is located in the desirable rental community of Cudahy. Cudahy offers an investor a prime location with little turnover or vacancy. Rental demand has increased in the last few years and has driven the potential asking rent per rentable square foot in an investor's favor.

Location

State CA

County Los Angeles

Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud

Rooms

Ensuite Laundry GasDryerHookup

Interior

Laundry Location GasDryerHookup

Fireplace No

Laundry GasDryerHookup

Exterior

Garage DoorSingle, Garage

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs

Utilities Available SewerAvailable

Parking Type DoorSingle, Garage

Total Parking Spaces 6

Private Pool No

Building

Lot Description Item01UnitAcre

Story 1

Entry Level One

Water Public

Architectural Style Bungalow

Level or Stories One

Others

Senior Community No

Tax ID 6226030012

Acceptable Financing CashtoNewLoan

Listing Terms CashtoNewLoan

Financing CashtoNewLoan

Special Listing Condition Standard

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Mike And Mary Jafarkhani

Mike And Mary Jafarkhani

+1(949) 533-5040

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by KRISTOPHER GERMAN • RE/MAX 2000
Bought with KRISTOPHER GERMAN • RE/MAX 2000

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

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