5224 Clara Street

Cudahy, CA 90201
$2,200,000
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… Read MoreRead Less
Property listed by Edwin Mariscal, Broker, Edwin Mariscal 562-822-3891
Listing Snapshot
Days Online
6
Last Updated
Property Type
Apartment
Lot Size
0.91 Acres
Year Built
1943
MLS Number
DW26213510
Property Location Map
Additional Details
Building
Built in 1943, 5 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: Street
Community
Urban
Cooling
WallWindowUnits
Expenses
Gardener: $960, Insurance: $5,300, Licenses: $300, Maintenance: $1,800, Operating: $45,517, Water/Sewer: $4,521, Other Expense: $5,136
Garage
10 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $146,280, Gross ScheduledIncome: $146,280, Net Operating Income: $100,763
Laundry
WasherHookup, GasDryerHookup
Lot
0.9111 acres, TwoToFiveUnitsAcre
Parking
10 open parking spaces, 20 total parking spaces, Assigned, Garage
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 6226027008, Lot: 376
Tenant Pays
Electricity, Gas
Utilities
ElectricityConnected, SewerConnected, WaterConnected, Water Source: SeeRemarks, 5 separate electric meters, 5 separate gas meters
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Matt Boelk
Realtor®
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.