$1,950,000
$2,550,000
23.5%For more information regarding the value of a property, please contact us for a free consultation.
20 Beds
11 Baths
8,064 SqFt
SOLD DATE : 02/14/2025
Key Details
Sold Price $1,950,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,064 sqft
Price per Sqft $241
MLS Listing ID 24375183
Sold Date 02/14/25
Bedrooms 20
HOA Y/N No
Year Built 1956
Lot Size 0.777 Acres
Property Description
We are pleased to present 5100 Elizabeth Street, a 9-unit multifamily investment asset sitting on 33,861 square feet of prime Southern California multifamily residential land. The property consists of (2) 3-bedroom single family homes, (5) 2-bedroom single family homes and (1) duplex, each with 2-bedroom units. Ample garage parking with (16) total spaces and tenants each pay their own gas and electric. There is approximately 45% upside in the current rents and the potential for multiple ADU's - Buyer to verify with city. The subject offering presents an excellent investment opportunity because of it's great location, significant amount of rental upside and ADU potential. BUYER TO VERIFY UNIT MIX AND SQUARE FOOTAGE WITH THE CITY OF CUDAHY.
Location
State CA
County Los Angeles
Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud
Zoning CUR3*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Door-Multi, Door-Single, Garage
Garage Spaces 16.0
Garage Description 16.0
Total Parking Spaces 16
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6224002013
Special Listing Condition Standard
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Bought with Nicholas Petrosian • Remax Commercial and Investment Realty