We are pleased to present 5200 Live Oak Street, a 100% single story 10-unit multifamily investment opportunity located in the city of Cudahy. This property features eight detached single-family homes and one duplex, all situated on an expansive 40,503-square-foot lot. The unit mix is ideal, consisting of seven 2-bedroom, 1-bath units, one 3-bedroom, 1-bath unit, and two 3-bedroom, 2-bath units. Parking includes garages, carports, and open spaces, offering convenience for tenants. Tenants are responsible for gas and electricity, while the owner pays for water and trash. Offered at an attractive 5.80% Cap Rate and 10.9 GRM based on actual income, 5200 Live Oak Street delivers strong cash flow from the very first day. Several units have been completely rehabbed, while the remaining units are in good condition. The property also includes a large vacant space at the rear, which presents an excellent opportunity for an ADU, subject to buyer verification with the city. 5200 Live Oak Street is conveniently located near the 710 Freeway, providing seamless access to surrounding areas and major employment hubs such as Downtown Los Angeles, Vernon, and Commerce. Its location offers a strategic advantage for commuters and tenants seeking proximity to job centers and essential amenities. This is an exceptional opportunity to acquire a stabilized, high-performing investment property offering strong cash flow and minimal management challenges. Buyer to verify the number of units, unit mix, year built, square footage, ADU potential, and any other property specifics with the City of Cudahy. Seller or agent make no warranties or representations regarding these details. Schedule a Private Showing

Listed By CRMLS_CA / Nicholas Petrosian / Remax Commercial and Investment Realty

Last checked: Checking… • Last updated Dec 24, 2024 • Source: CRMLS_CA

MLS# 24473935 — Report a problem