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5239 Clara Street, Cudahy, CA 90201

Property

5239 Clara Street, Cudahy, CA 90201 Sold October 2023 CRMLS
$1,100,000Sold October 2023

Listing Agent: Nicholas Petrosian (DRE #01462598) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Nicholas Petrosian · Remax Commercial and Investment Realty · MLS #23295047 · Source: CRMLS

10
Bedrooms
6
Bathrooms
4,772
Sq Ft
17,315 sqft
Lot Size
1947
Year Built
Property
Type
1
Stories
None
Cooling
WallFurnace
Heating

About this property

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.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$1,100,000
Sold October 2023 · orig. $1,530,000, on market July 2023 · MLS #23295047 · Source: CRMLS
Listing Agent: Nicholas Petrosian · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Nicholas Petrosian · Remax Commercial and Investment Realty
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