Contact Xavier Gomez
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4502 Elizabeth Street, Cudahy, CA 90201
Priced at Only: $3,500,000
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Address: 4502 Elizabeth Street, Cudahy, CA 90201
Property Location and Similar Properties
- MLS#: 26693507 ( )
- Street Address: 4502 Elizabeth Street
- Viewed: 2
- Price: $3,500,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1962
- Bldg sqft: 0
- Days On Market: 2
- Additional Information
- County: LOS ANGELES
- City: Cudahy
- Zipcode: 90201
- Provided by: Remax Commercial and Investment Realty
- Contact: Nicholas Nicholas

- DMCA Notice
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Description"Riviera" is a 15 unit, two story garden style apartment community in the heart of Cudahy's strong rental market. At $233,333 per unit, the property features an attractive unit mix of (1) 3 bed/1 bath and (14) 2 bed/1 bath units with detached carport parking, a combination that consistently draws and retains quality tenants in this submarket. Four vacant 2 bed/1 bath units deliver immediate lease up upside at $2,250/month market rents, while the remaining occupied units offer additional upside as below market leases naturally turn over. At stabilized market rents, the property achieves a 7.5% cap rate and 8.45 GRM, a compelling return profile for the Southeast Los Angeles market. The asset has been well cared for, featuring a newer roof, upgraded electrical panels, and manicured landscaping throughout. New ownership steps into a clean, operationally sound building with the hard work already done. Conveniently located near major employment corridors, retail, and dining, with easy access to the I 710 and I 105 freeways, keeping vacancy low and demand steady.
Features
Building Area Total
- 11960.00
Cooling
- None
Country
- US
Heating
- Wall Furnace
Levels
- Two
Netoperatingincome
- 170769.00
Parcel Number
- 6224005012
Parking Features
- Detached Carport
Sourcesystemkey
- 26693507:CLAW
Totalexpenses
- 130537.00
Year Built
- 1962
Year Built Source
- Assessor
Zoning
- CUR3*
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com














