PRICED TO SELL! Now offered at a 7.38% CAP Rate, 9.4 GRM!!! Exceptional investment opportunity in the city of Cudahy featuring 13 units plus 3 brand-new ADUs (16 units total), with certificates of occupancy recently issued, delivering excellent day-one cash flow with the heavy lifting already completed. From an investment standpoint, the numbers are compelling; offering a 7.38% CAP Rate, 9.4 GRM, and an unbelievable 7.60% CASH-ON-CASH return with current rents in place. The property features an ideal unit mix of four 3-Bed/2-Bath units, nine 2-Bed/1-Bath units, and three newly constructed ADUs (2-Bed/1-Bath, 1-Bed/1-Bath, and a Studio unit) a combination that attracts a broad tenant base and supports consistent occupancy.
Spanning approximately 13,075 rentable square feet on a 20,146 sq. ft. lot, and is conveniently located near parks, schools, and public transportation, enhancing long-term rental demand.
Tenants benefit from ample parking with 15 carport spaces and 8 open spaces, while operating expenses remain efficient with tenants paying for their own utility usage. Recent improvements include a brand-new main electrical panel and newer plumbing, adding to the property’s long-term reliability. Deals with this level of cash-flow are non-existent. Run the numbers, compare it to anything else on the market, and you'll find this one stands on its own.
13,074 Sq Ft
0.4625 Privé-hectaren Partijgrootte
appartement
Ingebouwd 1964
MLS/Listing ID CV26074272
2 Verhalen
16 Eenheden
Parking - Assigned
Flat
Public Sewer
Public Water
Community - Street Lights
Community - Sidewalks
Cooling - Wall/window unit(s)
Blok
Parking - One Space
Parking - Carport
TOTALE MAANDELIJKSE KOSTEN
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