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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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Bought with Nicholas Petrosian • Remax Commercial and Investment Realty
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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