Cudahy, CA 90201,5239 Clara ST
Cudahy, CA 90201,5239 Clara ST
Cudahy, CA 90201,5239 Clara ST
$1,100,000
Est. payment /mo
Est.Price: ?

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10 Beds
6 Baths
4,772 SqFt
SOLD DATE : 10/25/2023

Key Details

Sold Price $1,100,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,772 sqft

Price per Sqft $230

MLS Listing ID 23295047

Bedrooms 10

Year Built 1947

Lot Size 0.397 Acres

Property Description

5239 Clara Street is a 6-unit (all single story) multifamily investment asset located in the highly desirable rental market of Cudahy. The property features (4) two-bedroom units and (2) one-bedroom units with garage and open space parking on 17,315 square feet of prime Southern California land. Some recent improvements include all new electrical meter boxes as well as two units that have upgraded kitchens and flooring. There is approximately 50% upside in the rental income. The subject property has been in the same family for decades and is an excellent investment opportunity because of it's great location and substantial amount of rental upside.

Location

State CA

County Los Angeles

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

Zoning CUR3*

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Door-Multi, Door-Single, Garage, One Space

Building

Story 1

New Construction No

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nicholas Petrosian • Remax Commercial and Investment Realty
Bought with Nicholas Petrosian • Remax Commercial and Investment Realty

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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