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4926 Elizabeth Street, Cudahy, CA 90201

5 Bed, 2 Bath Multi-Family Home For Sale

4926 Elizabeth Street, Cudahy, CA 90201 House For Sale - MLS #SR18001695
$1,050,000
5
2
Multi-Family
2 Family
This listing is courtesy of Jose Pascual III from Escala Realty Group.

Property Description for 4926 Elizabeth Street, Cudahy, CA 90201

Development Opportunity Awaits: nearly 21,000 sft deep rectangular parcel awaits development; in 2004-2005 City of Cudahy approved construction of 6 unit PUD SFR's; seller obtained city variance & approval but then the RE mrkt crashed; with RE rebound and high rental & ownership demand, parcel can now be developed & fully maximized; buyer to explore whether City of Cudahy will allow greater density than 6 PUD units: it might, buyer to investigate with City as to future development; sale is to be "as is where is"; meanwhile while your buyer explores development, the two existing homes on the property generate rental income; front unit is 2+1, the second unit is 3+1; PLZ DO NOT DISTURB TENANTS. Property cash flows & there is no urgency to sell, so owner will only consider strong offers. Agents please see prvt remarks & check out attached supplements with site plan, and proposed unit(s) floorplans.

Interior Details

1,900 sq. ft.
$552.63/sq. ft.
Water District; Public

Exterior Details

0.47 acres
20,534 sq. ft.

Other Details

SR18001695
1947
2

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 1      Rent: $1,200     

Unit #2
Bedrooms: 3      Full / Half Baths: 1      Rent: $1,350     

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Town Description

Cudahy is named for its founder, meat-packing baron Michael Cudahy, who purchased the original 2,777 acres (11.2 km2) of Rancho San Antonio in 1908 to resell as 1-acre (4,000 m2) lots.[citation...

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