5030 Santa Ana ST Active Save Request In-Person Tour Request Virtual Tour
Cudahy,CA 90201
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25061344
Year Built 1963
Annual Tax Amount $117,500
Lot Size 1.331 Acres
Property Sub-Type Apartment
Property Description
Offered for the first time in 31 years, Morgan Skenderian is pleased to present 5030 Santa Ana Street, a 46-unit multifamily opportunity in the city of Cudahy. The property offers an extremely sought-after unit mix rarely found in apartment buildings, consisting of eight 1-bedroom, twelve 2-bedroom and twenty-six 3-bedroom units on an oversized 1.33 acre lot. Located in an excellent rental area on a residential street with ample parking (78 carports & spaces) and gated entry.
Cudahy is a phenomenally-good rental market for apartment owners, with the city having one of the highest population of densities of any city in the United States. Paired with the fact that 86% of Cudahy residents are renters, the city has almost an nonexistent vacancy rate and rapidly rising rents as demand far outpaces supply. Huge amount of upside for a new owner brining rents to market level.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning CUR3*
Interior
Cooling Wall/Window Unit(s)
Laundry Common Area
Exterior
Pool None
Community Features Curbs,Gutter(s),Sidewalks
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard