Cudahy, CA 90201,5252 Live Oak ST

$2,099,999

Est. payment /mo
Est.Price: ?

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5252 Live Oak ST Cudahy, CA 90201

SOLD DATE : 06/05/2018

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW18045487

Year Built 1932

Property Description

Great development project approved by council and planning commission for 19 condominiums. This project consists of (3) 5 unit buildings and (1) 4 unit buildings for a total of 4 structures. 15 units will be 1,596 sq. ft. of living area (4 bed rooms) and 4 units will be 1,458 sq. ft. (3 bed rooms) all units will have 440 sq. ft. 2 car garages. Parcel dimensions are 105’ x 385’ (40,025 sq ft).
The property currently has 5 units generating rental income (month-to-month agreements, Not subject to rent control). Comparable condominiums on the same street are selling in the mid to high 400’s. Start building within months! Seller has done all the hard and time consuming work with the city! Please inquire for more details.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Laundry None

Building

Lot Description 0-1 Unit/Acre, Lot Over 40000 Sqft

Story 1

Water Public

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jorge Lopez • Trust Real Estate
Bought with Mehran Moaddel • The Moaddel Group

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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