5,096 Sqft Lot
5,096 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26135968
HOA Y/N No
Year Built 1958
Lot Size 5,096 Sqft
Lot Dimensions Assessor
Property Sub-Type Quadruplex
Property Description
four unit (8BD/4BA) multifamily asset in the supply
constrained Southeast Los Angeles submarket. Held by the
same ownership since 2003, the property has benefited from
long-term stewardship and recent capital improvements,
including a new roof and new parking concrete floor,
minimizing near-term capital requirements. Offering immediate
cash flow, the asset is priced at a 6.49% cap rate and 11.33
GRM on current numbers.
The property consists of four two-bedroom, one
bath units, providing investors with stable in-place income and
a unit mix well-aligned with the area's renter market.
Situated on a corner lot along a cul-de-sac street, the asset
offers an attractive residential setting complemented by on-site
carport parking for tenants.
Located in Cudahy, the second most densely populated city in
California, 7701 Walker Ave benefits from strong underlying
housing fundamentals and high barriers to new supply. The
offering presents investors with the opportunity to acquire a
proven cash-flowing asset supported by long-term ownership,
recent improvements, and durable demand drivers. City rent
control in place.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Zoning CUR3
Interior
Fireplace No
Laundry See Remarks
Exterior
Parking Features Assigned, Carport, Driveway Level
Garage Spaces 4.0
Carport Spaces 8
Garage Description 4.0
Pool None
Community Features Suburban
Total Parking Spaces 12
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Other
New Construction No
Others
Senior Community No
Tax ID 6226027042
Acceptable Financing Cash to New Loan, Conventional
Listing Terms Cash to New Loan, Conventional
Special Listing Condition Standard
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
GET MORE INFORMATION
California Real Estate
Welcome to RiseRealtyCA.com, your one-stop source for California real estate.
Use our state-of-the-art property search, including an interactive map search, to find homes for sale in California. These listings are updated daily from the MLS.
Or, use our Community Guide to help you in your search for California real estate listings. Our community searches will keep you up to date with the latest properties in the areas you are interested in.
And, for your convenience, be sure to register for a free account to receive email notifications whenever new homes for sale come on the market that match your specific criteria, and save your favorite properties for quick and easy access whenever you need — it's fast, easy, automatic and FREE! With a Property Tracker account, you'll be among the first to know about the newest homes for sale in California.
Thanks for visiting RiseRealtyCA.com, home of exquisite properties and excellent service.