Exceptional 12-Unit Multifamily Investment at 3823 Walnut Street
$2,250,000
3823 Walnut Street, Cudahy, CA 90201
8,020 SF
Square Feet
$281
PPSF
12
Units
100.0K
PPU
5.56%
CAP
Property Description
Units
12 — PPU: 100.0K
NOI
$125,000
Cap Rate
5.56%
Exceptional 12-unit multifamily investment opportunity in the City of Cudahy, situated on a large lot along a desirable residential street. The property features a strong unit mix consisting of six 1-bedroom units and six 2-bedroom units. Eight units are conveniently located at ground level, including six 1-bedroom and two 2-bedroom units, while four additional 2-bedroom units are located at the rear above the carports.
The property has deferred maintenance and presents an excellent value-add opportunity for an investor looking to improve the asset, enhance operations, and build equity through strategic renovations and property improvements. With its large lot, desirable unit mix, and convenient Cudahy location, this 12-unit property offers significant upside potential for an experienced investor seeking a multifamily project in Southeast Los Angeles.
Property Details
Asset Type
MultiFamily
Year Built
1954
Zoning
CUR3*
Lot Size
19,000 SF
Neighborhood
Cudahy
Submarket
Cudahy
ZIP
90201
Listing Type
sale
Offering Memorandum
Net Operating Income (NOI)
$198,313
Debt Service Coverage Ratio (DSCR)
1.55x
Cap Rate
8.81%
Cash Flow (Annual)
$70,319
Cash-on-Cash Return
12.50%
Monthly Debt Service
$10,666
Annual Debt Service
$127,994
View on Map
Address
3823 Walnut Street
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Cudahy MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.