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Cudahy, CA 90201 5100 Elizabeth Street

$2,550,000

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Presented By: Nicholas Petrosian with Remax Commercial and Investment Realty;
  • MLS# 24375183
  • 04/02/2024
  • Request Tour
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  • BedBeds • 20
  • BathBaths • 11
  • FootageSQFT • 8,064
  • GarageGarage • 16

Home Details

We are pleased to present 5100 Elizabeth Street, a 9-unit multifamily investment asset sitting on 33,861 square feet of prime Southern California multifamily residential land. The property consists of (2) 3-bedroom single family homes, (5) 2-bedroom single family homes and (1) duplex, each with 2-bedroom units. Ample garage parking with (16) total spaces and tenants each pay their own gas and electric. There is approximately 45% upside in the current rents and the potential for multiple ADU's - Buyer to verify with city. The subject offering presents an excellent investment opportunity because of it's great location, significant amount of rental upside and ADU potential. BUYER TO VERIFY UNIT MIX AND SQUARE FOOTAGE WITH THE CITY OF CUDAHY.
Presented By: Nicholas Petrosian with Remax Commercial and Investment Realty;

Interior Features for 5100 Elizabeth Street

Bedrooms

Total Bedrooms20

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths11

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixStreet
Total Stories1

General for 5100 Elizabeth Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate2.51
Carport Y/NNo
CityCudahy
CoolingNone
CountyLos Angeles
Days on Market6
DirectionsSouth of Florence Avenue and East of Wilcox Avenue
Garage Spaces16.0
Garage Y/NYes
Gross Income145500.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet33861.0
MLS AreaT5 - WalnutPk, HuntPk, Bell N of Florence, and Cud
MobileHomeRemainsYNNo
Net Operating Income63972.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Street NameElizabeth
Total Units9
View Y/NNo
Waterfront Y/NNo
Year Built1956
Year Built SourceAssessor
ZoningCUR3*

Exterior for 5100 Elizabeth Street

Building Area Total8064.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.7773
Lot Size Area33861.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings8
Open Parking Y/NNo
Parking FeaturesDoorMulti, DoorSingle, Garage
SpaNo
Total Parking16.0

Additional Details

Price History

1527188455

First Team Client Services

Price $2,550,000
MLS#24375183
List Date 04/02/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors