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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$3,950,000

Est. payment - /mo

0.93 Acres Lot

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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25157347

HOA Y/N No

Year Built 1954

Lot Size 0.928 Acres

Property Sub-Type Mixed Use

Property Description

This rare offering includes two contiguous parcels totaling approximately 40,425 square feet and a combined 13 units—6 units on one parcel and 7 units on the other. Each unit is a single-level, cottage-style residence, and the property includes multiple garages and ample surface parking. The investment currently delivers a 6.25% cap rate, with mostly month-to-month tenants in place, offering flexibility for future improvements or repositioning. There is signicant value-add potential: an investor could increase rents, add accessory dwelling units, or pursue a complete redevelopment (buyer to verify all options with the city). Located in an area already experiencing new construction, including a recently completed apartment building nearby, this property is well-positioned for long-term upside. Whether your strategy is to hold for income, enhance existing operations, or pursue higher density, this is a versatile asset with plenty of possibilities. Located steps away from the vibrant Atlantic avenues eateries and shopping centers. Enjoy the iconic Watts Towers and Augustus Hawkins National Park just 15 minutes away, or explore Plaza Mexico's cultural delight in Lynwood, a 10-minute drive. The Festival Carnaval Primavera in Downey adds nearby family fun.

Location

State CA

County Los Angeles

Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud

Rooms

Other Rooms Storage

Interior

Interior Features All Bedrooms Down

Fireplace No

Laundry Inside

Exterior

Parking Features Assigned, Driveway, Garage

Garage Spaces 13.0

Garage Description 13.0

Pool None

Community Features Suburban

View Y/N No

View None

Total Parking Spaces 13

Private Pool No

Building

Lot Description Level, Rectangular Lot, Street Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Storage

New Construction No

Others

Senior Community No

Tax ID 6226014009

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by Joseph Lotfy Berkshire Hathaway HomeService 562-739-6528

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4858 Live Oak St. Cudahy, CA 90201