4502 Elizabeth Street, Cudahy, CA 90201
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
4502 Elizabeth Street,Cudahy, CA 90201
$3,500,000
- 31 Beds
- 15 Baths
- 11,960 sq. ft.
- Multi-family
- Active
Listed by: nicholas petrosian
Office: remax commercial and investment realty213-817-1000
MLS#:26693507
Source:CRMLS
Price summary
- Price:$3,500,000
- Price per sq. ft.:$292.64
About this home
"Riviera" is a 15-unit, two-story garden-style apartment community located in the heart of Cudahy's strong rental market. Offered at $233,333 per unit, the property features an attractive unit mix of (1) 3-bed/1-bath and (14) 2-bed/1-bath units with detached carport parking, a combination that consistently draws and retains quality tenants in this submarket. Three vacant 2-bed/1-bath units are projected at $2,250/month market rents, providing a clear path to stabilization, while the remaining occupied units offer additional upside as below-market leases naturally turn over. At stabilized market rents, the property achieves a 7.5% cap rate and 8.45 GRM, presenting a compelling return profile for the Southeast Los Angeles market. The asset has been well maintained, featuring a newer roof, upgraded electrical panels, and manicured landscaping throughout. New ownership steps into a clean, operationally sound building with major improvements already completed. Conveniently located near major employment corridors, retail, and dining, with easy access to the I-710 and I-105 freeways, the property benefits from strong tenant demand and historically low vacancy....
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Home facts
- Year built:1962
- Listing ID #:26693507
- Added:8 day(s) ago
- Updated:April 18, 2026 at 01:25 PM
Rooms and interior
- Bedrooms:31
- Total bathrooms:15
- Living area:11,960 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1962
- Building area:11,960 sq. ft.
- Lot area:0.52 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,500,000
- Price per sq. ft.:$292.64
Parking
- Total parking spaces:20
- Parking description:Detached Carport
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