5224 Clara Street, Cudahy, CA 90201
- $2,200,000
- List Price
- $2,200,000
- Status
- ACTIVE
- MLS#
- DW26213510
- Year Built
- 1943
- Lot Size
- 39,688
- Acres
- 0.91
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level
Property Description
CRE Advisory group is pleased to offer for sale 5224–5230 Clara Street, a rare infill multifamily redevelopment opportunity in Cudahy, California. The ±0.91-acre property is being marketed for land value and is improved with five fully occupied residential units, providing immediate rental income while offering long-term redevelopment potential. Zoned Medium Density Residential, the site offers potential for future multifamily development with preliminary density assumptions of up to 25 dwelling units per acre and 45-foot height limits, subject to buyer verification with the City of Cudahy. Located within a supply-constrained Southeast Los Angeles County submarket, the property combines favorable land economics, in-place cash flow, and future development upside in a strategic infill location. Signalized corner lot. The Property is offered on an “as-is, where-is” basis. Prospective purchasers are responsible for independent due diligence.
Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Garage Spaces Total
- 10
- Sewer
- Public Sewer
- Water
- See Remarks
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $146,280
- Operating Expense
- 45517
Listing courtesy of Listing Agent: Edwin Mariscal (Edwin@CREAdvisoryGroup.com) from Listing Office: Edwin Mariscal, Broker.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.