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 three year new roof and new parking concrete floor,
minimizing near-term capital… Read More requirements. Offering immediate
cash flow, the asset is priced at a 6.49% cap rate and 11.33
GRM.
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. Read Less
Property listed by Edwin Mariscal, Broker, Edwin Mariscal 562-822-3891
Listing Snapshot
Days Online
26
Last Updated
Property Type
Quadruplex
Lot Size
0.12 Acres
Year Built
1958
MLS Number
DW26135968
Additional Details
Building
Built in 1958, 1 building, 2 stories, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.