4939 Santa Ana Street, Cudahy, California
4939 Santa Ana Street, Cudahy, California 90201 - We are pleased to offer for sale this 5 unit multi-family investment property located in the city of Cudahy. Originally constructed in 1946 as a 4 Bedroom/2 Bathroom single family residence, in 1965 4 additional 2 Bedroom/1 Bathroom single story cottages were constructed on the property given the amount of unused land. The 4 Bedroom house offers a bonus room currently being utilized as a 5th bedroom, as well as large living room with built in bar, dining room, updated kitchen, private laundry hookups and an attached two-car garage. The remaining 2 Bedroom cottages (all detached - no shared or common walls) offer tenants both car-port and open space parking, individual laundry hookups, as well as tiled kitchens and living rooms. Given the 20,476 sqft lot and unused land at the rear of the subject property, there may be a development opportunity (buyer to verify with proper city authorities). The current tenants who occupy the rental units are long term with conservative rental rates in place which offers a new investor a value add opportunity to significantly increase the gross rental income and thus, the over all cash-on-cash return.
Listing Courtesy of RE/MAX 2000