$362,340 GROSS SCHEDULED INCOME | 6.35% CAP | 13 UNITS ON TWO CONTIGUOUS PARCELS. This rare offering includes two contiguous parcels totaling approximately 40,425 square feet and a combined 13 units, six on one parcel and seven on the other. Each unit is a single-level, cottage-style residence, and the property includes multiple garages and ample surface parking. The electrical at 4900 Live Oak has been updated with new mains and sub panels. The property produces $362,340 in gross scheduled income against $116,794 in operating expenses, for a net operating income of $238,299. Additional potential includes accessory dwelling units or a complete redevelopment, buyer to verify all options with the city. Located in an area already experiencing new construction, including a recently completed apartment building nearby. Steps from the Atlantic Avenue dining and retail corridor, with Plaza Mexico in Lynwood roughly 10 minutes away and the Watts Towers and Augustus F. Hawkins Natural Park about 15 minutes out.
| MLS # | OC26210346 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1954 |
| Days On Site | 40 |
| Listing Provided By | Berkshire Hathaway HomeService | Joseph Lotfy |
| SQ Feet | 13,222 |
|---|---|
| Garage | 13 |
| Story(s) | 1 |
| Units | 13 |
| Building(s) | 10 |
| Acreage | 0.93 |
| Property View | None |
| Heating | Central |
|---|---|
| Heating Yes / No | Yes |
| Interior Features | All Bedrooms Down |
| Fireplace Yes / No | No |
| Lot Features | Six To Ten Units Acre |
|---|
| Parking Features | Assigned, Direct Access, Electric Gate, Garage |
|---|---|
| Garage Yes / No | Yes |
| Utilities | Cable Connected, Electricity Connected |
|---|---|
| Sewer | Public Sewer |
| Community Features | Street Lights |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Cudahy |
| Zip Code | 90201 |
| Area | T5 WalnutPk | HuntPk | Bell N of Florence | and Cud |
| Listing VS Median (in 90201) | |
Price: $3,750,000 low | high Med: $999,999 sqft: 13,222 low | high Med: 2,020 $ / sqft: $284 low | high Med: $495 On site: 40 low | high Med: 44 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Cudahy |
| Zip Code | 90201 |
| Area | T5 WalnutPk | HuntPk | Bell N of Florence | and Cud |
| Listing VS Median (in 90201) | |
Price: $3,750,000 low | high Med: $999,999 sqft: 13,222 low | high Med: 2,020 $ / sqft: $284 low | high Med: $495 On site: 40 low | high Med: 44 | |
![]() | $4,000,0004861 Clara StreetCudahy, CA 90201 |