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790 Ferrari Ln

Ontario, CA 91764

1 909 294 2593

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27 Units in Cudahy

4931 Clara St, Cudahy, CA 90201, USA
Sold For$5,450,000$201,852/Per Unit

Description

Transaction Details

  • SOLD AT FULL PRICE!
  • Listed & Sold During COVID-19
  • Escrow Closed in 21 Days
  • First Time on Market in 20+ Years
  • Closed Escrow with Private Seller Financing*
    • *Seller receives monthly case installments with no Capital Gains tax due until the maturity of the loan
  • Kris Sold This Property for $500,000 More Than Any Competing Brokerage Firm’s Opinion of Value

Property Highlights

  • Unit Mix: (1) 3-Bed/1-Bath, (25) 2-Bed/1-Bath, (1) 1-Bed/1-Bath & (1) Pool House (1-Bed/1-Bath NC)
  • 12.49 GRM!
  • 5.28% Current CAP Rate!
  • 7.16% Immediate Cash Return Utilizing Seller Financing!
  • 24+% Upside in Rental Income

Amenities Include:

  • 21,660 Rentable Square Feet
  • 40,449 Square Foot Lot (Double Lot)
  • Units Separately Metered For Electricity & Gas
  • Onsite Garage & Car-Port Parking
  • Onsite Laundry Facilities
  • 2 Separate Parcels – *No Onsite Manager Required
  • Address: 4931-4939 Clara St
  • City: Cudahy
  • State/county: California
  • Zip/Postal Code: 90201
  • Country: United States

Detail

Updated on July 3, 2020 at 3:43 pm

  • Price: Sold For $5,450,000
  • Property Size: 21660 SqFt
  • Land Area: 40449 SqFt
  • Year Built: 1964
  • Property Type: Multi Family
  • Property Status: Just Sold, Sold

Additional details

  • # of Units: 27
  • Unit Mix: 1 (3+1), 25 (2+1), 1 (1+1), 1 (1+1 NC)
  • CAP Rate: 5.28%
  • GRM: 12.49
  • Zoning: CUR3*
  • We Represented: Seller
  • Close of Escrow: 07/02/2020

Video

WalkScore

walkscore69 / Somewhat Walkable more details here

Contact info

Deepen Shah
Deepen Shah
(909) 294-2603(909) 568-5200
Kristopher German
Kristopher German
(909) 294-2593(909) 645-0443
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