4926 Elizabeth Street
Cudahy, CA 90201
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1921 build
- – on site
More homes
Price Reduced! This is an excellent Multi Family Re-Development Opportunity at 4926 Elizabeth St, Cudahy, CA. The parcel consists of a huge 20,534 square foot lot and is located in the red-hot Mid-Cities/Southeast LA submarket of Los Angeles County. Currently, the property is operating as (2) 2-bed/1-bath units that are each collecting $1,300/month in rent and is not subject to rent control. That said, the true value in this deal lies in the development upside. First off, this parcel is zoned CUR3, which represents a High Density Residential Zone (HDR). This designation provides for higher density, multi story residential development and, in other words, more units. Additionally, this parcel is located within an Opportunity Zone. Any re-development opportunity located in a burgeoning rental market with an O-Zone designation is the golden ticket for any savvy, long-term hold investor. That said, given the positioning of the current units, this offering is suitable for all levels of real estate development. Whether the plan is to keep the existing units and build out the back over time, or wipe the slate clean and paint on a blank canvas, the upside and versatility of the parcel is without question.
Listed By CRMLS_CA / Joshua Barut / Lyon Stahl Investment Real Estate, Inc.
Last checked:
Checking…
•
Last updated May 5, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# SB19210978 —
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/15/20
Jul 15, 2020
|
Sold | CRMLS_CA | $840,000 | -11.6% |
3/3/20
Mar 3, 2020
|
Pending | CRMLS_CA | $950,000 | |
2/17/20
Feb 17, 2020
|
Price Changed | CRMLS_CA | $950,000 | -13.6% |