$1,100,000
$1,295,000
15.1%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
6 Baths
4,772 SqFt
SOLD DATE : 10/25/2023
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,772 sqft
Price per Sqft $230
MLS Listing ID 23-295047
Sold Date 10/25/23
Bedrooms 10
Year Built 1947
Lot Size 0.397 Acres
Acres 0.3975
Property Description
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.
Location
State CA
County Los Angeles
Area Walnut Pk, Hunt Pk, Bell N Of Florence, And Cudahy
Zoning CUR3*
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment None
Exterior
Garage Garage - 1 Car, Garage - 2 Car, Parking Space
Garage Spaces 9.0
Building
Story 1
Level or Stories One
Others
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Remax Commercial and Investment Realty