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.
Details
| MLS # | DW26135968 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 126 |
| Listing Provided By | Edwin Mariscal, Broker | Edwin Mariscal |
Features
| SQ Feet | 2,880 |
|---|---|
| Garage | 4 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | CUR3 |
| Acreage | 0.12 |
Exterior
| Lot Features | Two To Five Units Acre |
|---|
Parking
| Parking Features | Assigned, Carport, Driveway Level |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Suburban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Cudahy |
| Zip Code | 90201 |
| Area | T3 Bell Gardens | Bell E of 710 | Commerce S of 26 |
| Listing VS Median (in 90201) | |
Price: $1,050,000 low | high Med: $1,049,944 sqft: 2,880 low | high Med: 3,440 $ / sqft: $365 low | high Med: $314 On site: 126 low | high Med: 118.5 | |
Market Activity 90201
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Cudahy |
| Zip Code | 90201 |
| Area | T3 Bell Gardens | Bell E of 710 | Commerce S of 26 |
| Listing VS Median (in 90201) | |
Price: $1,050,000 low | high Med: $1,049,944 sqft: 2,880 low | high Med: 3,440 $ / sqft: $365 low | high Med: $314 On site: 126 low | high Med: 118.5 | |