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Residential Income - 7701 Walker, Cudahy, CA

$1,050,000

7701 Walker, Cudahy, CA

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Description

BACK ON ACTIVE MARKET. 7701 Walker Ave presents the opportunity to acquire a four unit (8BD/4BA) multifamily asset in the supply constrained Southeast Los Angeles submarket. Held by the same ownership since 2003, the property has benefited from long-term stewardship and recent capital improvements, including a new roof and new parking concrete floor, minimizing near-term capital requirements. Offering immediate cash flow, the asset is priced at a 6.49% cap rate and 11.33 GRM on current numbers. The property consists of four two-bedroom, one bath units, providing investors with stable in-place income and a unit mix well-aligned with the area's renter market. Situated on a corner lot along a cul-de-sac street, the asset offers an attractive residential setting complemented by on-site carport parking for tenants. Located in Cudahy, the second most densely populated city in California, 7701 Walker Ave benefits from strong underlying housing fundamentals and high barriers to new supply. The offering presents investors with the opportunity to acquire a proven cash-flowing asset supported by long-term ownership, recent improvements, and durable demand drivers. City rent control in place.

Property details

Year built
1958
Property type
Residential Income
Lot size
5,098 sqft

Location

7701 Walker • Cudahy, CA 90201

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Listed by

Edwin Mariscal · Edwin Mariscal, Broker

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