Gated Garden-Style Apartments at 4660 Clara Street
$3,370,000
4660 Clara Street, Cudahy, CA 90201
10,382 SF
Square Feet
$325
PPSF
15
Units
200.0K
PPU
6.10%
CAP
Property Description
Units
15 — PPU: 200.0K
NOI
$205,570
Cap Rate
6.10%
Gated garden-style apartment complex featuring secure common areas
and ample parking with potential for additional units.
- Strong Cash Flow Potential at 6.10% Cap Rate / 12.17X GRM with +- 25% Estimated Rental Upside.
- Future development potential with ability to build in rear of property (buyer to verify)
- Brand new electrical panels throughout allowing for new ownership to obtain excellent insurance rates. (individually metered for electric & gas)
- Plenty of on-site parking: Two (2) 1-car garages + twenty-one (21) carports + two (2) additional parking spaces, which is fully secured/gated.
- Efficient unit mix of Fifteen 1Bed+1Bath units: No on-site manager required (buyer to verify)
- Unused enclosed area offers potential for two-story building addition or future expansion (buyer to verify).
- Centrally located to FWYs: 710, 5, 101, 105, 60
Property Details
Asset Type
MultiFamily
Year Built
1964
Zoning
CUR3*
Lot Size
16,936 SF
Submarket
Cudahy
ZIP
90201
Listing Type
sale
Offering Memorandum
Net Operating Income (NOI)
$326,137
Debt Service Coverage Ratio (DSCR)
1.70x
Cap Rate
9.68%
Cash Flow (Annual)
$134,431
Cash-on-Cash Return
15.96%
Monthly Debt Service
$15,976
Annual Debt Service
$191,706
View on Map
Address
4660 Clara Street
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Cudahy MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
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