$1,050,000
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 three year 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.
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.
DW26135968
MLS
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Active
Status
7701 Walker, Cudahy