$1,050,000
For more information regarding the value of a property, please contact us for a free consultation.
ST Cudahy, CA 90201
0.46 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21-113939
Lot Size 0.463 Acres
Property Description
This property can be purchased with the adjacent site (5306 Live Oak Street) for a site totaling approximately 40,353 SF. This listing is of a 20,173 SF rectangular parcel with 55' of frontage and 385' of depth and currently improved with a 982 SF, three-bedroom/1-bath single-family residence built in 1953. This house is rented for $1,875 per month. There are plans for this parcel to be redeveloped with 6 units, although it may be possible to build as many as 12 units (buyer to check with city). The adjacent site, currently on the market as a separate listing (5306 Live Oak Street) is a 20,180 SF rectangular parcel with 50' of frontage and 385' of depth and currently improved with a 2,444 square foot 2-story, 4-bedroom/3-bath single-family residence with basement built in 1968, and a 1-story 5-unit housing complex containing five 2-bedroom/1-bath units, all built between 1961 and 1965. Both sites together offers an investor the opportunity to add value to the existing units and add additional units, or raze all the buildings and redevelop the entire site. In either case, there is cash-flow from the existing apartments to off-set carrying costs while a new development is in the design and entitlement stages. Buyer to consult with the City of Cudahy Planning and Building Department regarding the potential uses of the site. Please do not contact the tenants. Contact the listing agent for additional information.
Location
State CA
County Los Angeles
Area Walnut Pk, Hunt Pk, Bell N Of Florence, And Cudahy
Zoning CUR3*
Exterior
Waterfront Description None
View None
Building
Sewer In Connected and Paid
Water Public
Others
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with CENTURY 21 REALTY MASTERS