4861 Clara Street, Cudahy, California 90201

$4,000,000

Property Type

Residential Income

Building Size

15,660 sqft

City

Cudahy

Status

Active

Pleased to present 4861 E. Clara Street, a rare opportunity to purchase a 20-unit apartment building with a prime unit mix of all 2-bedroom units for $200,000 per unit. The property sits next to the large Elizabeth Regional Learning Center and Clara Street Park in the excellent rental city of Cudahy. This is a true value-add opportunity for a new owner to improve property aesthetics and increase future income. The property offers spacious floorplans, ample parking and on-site laundry facilities. Given the property’s ideal central location near Southland freeways (30 minutes or less median travel time to work) and the city’s renter profile being ±86% of the population, 4861 Clara Street will benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.