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4660 Clara, Cudahy, CA 90201
$3,200,000
Est. payment /mo
$3,370,000
5.0%
Est.Price: ?

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0.39 Acres Lot
SOLD DATE : 03/31/2026

Key Details

Sold Price $3,200,000

Property Type Residential Income

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR26001527

Year Built 1964

Lot Size 0.389 Acres

Property Sub-Type Apartment

Property Description

This prime investment opportunity, is a gated garden-style apartment complex which offers investors a rare combination of stable cash flow, meaningful rental upside, and future development potential. The property features secure common areas and extensive on-site parking, including two single garages, twenty-one carports, and two additional gated spaces. The asset produces strong in-place income with a 6.42% percent cap rate and a 11.7 times GRM, while an estimated (+-25%) twenty five percent rental upside provides a clear value-add pathway. Brand new electrical panels have been installed throughout the property, creating a major advantage in obtaining competitive insurance rates. The efficient layout consists of fifteen one bedroom one bath units, and no on-site manager is required (subject to buyer verification).

An unused enclosed area offers additional potential for a two-story addition or future expansion, and the large rear portion of the lot may accommodate new construction for 7-14 units (also subject to buyer verification). Situated near the 710, 5, 101, 105, and 60 freeways, the property at 4660 Clara Street benefits from excellent regional connectivity. Built in 1964 and set on a 16,936 square foot lot with 10,382 square feet of improvements, this fifteen unit offering is priced at 3,370,000 dollars, reflecting 225,000 dollars per unit and 325 dollars per square foot, within CUR3* zoning.

Location

State CA

County Los Angeles

Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud

Interior

Laundry Common Area, Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Electricity Connected, Water Connected

Building

Lot Description 11-15 Units/Acre, Garden, Sprinkler System, Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, Government Loan, Owner May Carry, Submit, USDA Loan, VA Loan

Listing Terms Cash, Cash to New Loan, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, Government Loan, Owner May Carry, Submit, USDA Loan, VA Loan

Special Listing Condition Standard

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Listed by Matthew Guerra KW Executive 909-997-9765, DRE #02022646
Bought with Evelyn Waidhofer Classic Investments

Nearby Schools & Businesses

Devone Richard
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@oytrealtors.com

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