5143 Clara St, Bell Gardens, CA 90201
5143 Clara St, Bell Gardens, CA 90201
5143 Clara St, Bell Gardens, CA 90201
5143 Clara St, Bell Gardens, CA 90201
5143 Clara St, Bell Gardens, CA 90201
5143 Clara St, Bell Gardens, CA 90201
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$ 4,600,000
Est. payment | /mo

34 Beds

16 Baths

15,232 SqFt


Save
$ 4,600,000
Est. payment | /mo
Save

34 Beds

16 Baths

15,232 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,232 sqft

Price per Sqft $301

MLS Listing ID 26998129

Bedrooms 34

Year Built 1962

Lot Size 0.918 Acres

Acres 0.92

Property Sub-Type Multi-Family

Property Description

The property address is 5143-5147 Clara Street, Cudahy, CA 90201. Single-story 16-unit community in Cudahy, built as eight duplexes on 40,006 SF of land with 15,232 SF of living space. Built in 1962, the property has the house-like feel renters want: no shared walls above or below, and each unit has its own single-car garage, with plenty of extra open parking. The unit mix is (14) 2-bed / 1-bath and (2) 3-bed / 1-bath, which tend to be in greatest demand in this market. Every unit is separately metered for gas and electricity, and there are no common-area utilities, so the owner pays only water and trash (reduced property expense due to the lack of common area electricity and gas). The property comes with permit-ready plans for two 3-bed / 1.5-bath ADUs at the rear of the lot. The plans are approved, and permits only need to be pulled. As new construction, the ADUs are exempt from rent control, so a buyer can add two market-rate units and grow income immediately without going through the design and approval process (buyer to confirm with City of Cudahy). There is substantial rent upside and the opportunity to add value. Please contact the listing agent for more information. Do not contact the tenants or the on-site manager. Note: the City of Cudahy has rent control; the existing 16 units are subject to it.

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 Gas

Cooling Wall Unit(s)

Fireplaces Type None

Equipment None

Laundry None

Exterior

Parking Features Garage - 1 Car, On street, Uncovered

Garage Spaces 16.0

Pool None

Amenities Available None

Waterfront Description None

View Y/N No

View None

Roof Type Composition, Shingle

Building

Lot Description 2-4 Lots, Curbs, Front Yard, Lawn, Lot Shape-Rectangular, Lot-Level/Flat, Utilities - Overhead, Street Paved, Street Asphalt, Sidewalks

Story 1

Foundation Slab

Sewer In Street Paid

Water Mutual Water Source

Level or Stories One

Structure Type Stucco

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty

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5143 Clara St