$1,850,000
$1,925,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
10 Baths
5,542 SqFt
SOLD DATE : 01/09/2024
Key Details
Sold Price $1,850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,542 sqft
Price per Sqft $333
MLS Listing ID 23331373
Sold Date 01/09/24
Bedrooms 12
HOA Y/N No
Year Built 1982
Lot Size 0.474 Acres
Lot Dimensions Assessor
Property Description
4925 Santa Ana Street is a gorgeous 6-unit multifamily investment asset located in the highly desirable rental market of Cudahy. The property features all two-bedroom units each with large 2-car garages equipped with laundry hookups. The generous parking also includes open spaces throughout the property for added convenience. The front house (4925) is a 2-Bed / 1-Bath single family home built in 1927 and extensively rehabbed in 2023 including: new cabinets, quartz countertops, electrical circuits, new 200 Amp service panel, free-standing hood, and flooring. Renovation of the beautiful front wrap-around entry porch includes a reinforced smooth finish (Santa Barbara finish) exterior walls with sandstone capping and ceramic floor tile. New custom sand finish concrete walkway approach, front yard planters, landscaping and rear yard pavers. Behind the front house (4925 3/4) is 2-Bed / 1.5-Bath single family home built in 1982 and completely renovated in 2016. In the rear there are two duplexes built in 1980 and 1982 each with 2-Bed /1.5-Baths. The duplex at 4925 1/2-3/4 had new garage doors installed in 2023 and the duplex at 4927 1/4-1/2 had a new roof installed, new fascia boards and garage door in 2020. Furthermore in 2023 a new masonry block was was installed with pilasters. Tenants will enjoy the convenience of having two bus stops nearby: One is less than 0.25 miles (Wilcox & Santa Ana St.) and the other is less than 0.5 miles (Wilcox and Santa Ana St.). There is approximately 30% upside in the rental income and potential to add ADU's (verify with city).
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
Laundry In Garage
Exterior
Garage Door-Multi, Garage, One Space
Garage Spaces 12.0
Garage Description 12.0
Total Parking Spaces 12
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6224011008
Special Listing Condition Standard
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Bought with Nicholas Petrosian • Remax Commercial and Investment Realty
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