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Tera Rench

terarenchre@gmail.com +1(262) 370-7299

$1,050,000

Est. payment - /mo

5,096 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26135968

HOA Y/N No

Year Built 1958

Lot Size 5,096 Sqft

Lot Dimensions Assessor

Property Sub-Type Quadruplex

Property Description

BACK ON ACTIVE MARKET. 7701 Walker Ave presents the opportunity to acquire a
four unit (8BD/4BA) multifamily asset in the supply
constrained Southeast Los Angeles submarket. Held by the
same ownership since 2003, the property has benefited from
long-term stewardship and recent capital improvements,
including a new roof and new parking concrete floor,
minimizing near-term capital requirements. Offering immediate
cash flow, the asset is priced at a 6.49% cap rate and 11.33
GRM on current numbers.
The property consists of four two-bedroom, one
bath units, providing investors with stable in-place income and
a unit mix well-aligned with the area's renter market.
Situated on a corner lot along a cul-de-sac street, the asset
offers an attractive residential setting complemented by on-site
carport parking for tenants.
Located in Cudahy, the second most densely populated city in
California, 7701 Walker Ave benefits from strong underlying
housing fundamentals and high barriers to new supply. The
offering presents investors with the opportunity to acquire a
proven cash-flowing asset supported by long-term ownership,
recent improvements, and durable demand drivers. City rent
control in place.

Location

State CA

County Los Angeles

Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26

Zoning CUR3

Interior

Fireplace No

Laundry See Remarks

Exterior

Parking Features Assigned, Carport, Driveway Level

Garage Spaces 4.0

Carport Spaces 8

Garage Description 4.0

Pool None

Community Features Suburban

Total Parking Spaces 12

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Other

New Construction No

Others

Senior Community No

Tax ID 6226027042

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Edwin Mariscal Edwin Mariscal, Broker 562-822-3891, DRE #01119480

NEARBY SCHOOL & BUSINESS

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7701 Walker Cudahy, CA 90201