4502 Elizabeth, Cudahy, CA, 90201
- 31beds
- 11,960sqft
- 0.52acre
Price Reduced. "Riviera" is a 15-unit, two-story garden-style apartment community located in the heart of Cudahy's strong rental market. The property features an attractive unit mix of (1) 3-bed/1-bath and (14) 2-bed/1-bath units with detached carport parking, a combination that consistently draws and retains quality tenants in this submarket. Three vacant 2-bed/1-bath units are projected at $2,250/month market rents, providing a clear path to stabilization, while the remaining occupied units offer additional upside as below-market leases naturally turn over. The asset has been well maintained, featuring a newer roof, upgraded electrical panels, and manicured landscaping throughout. New ownership steps into a clean, operationally sound building with major improvements already completed. Conveniently located near major employment corridors, retail, and dining, with easy access to the I-710 and I-105 freeways, the property benefits from strong tenant demand and historically low vacancy.
Listing agent:
Nicholas Petrosian
License #01462598
Remax Commercial and Investment Realty
4502 Elizabeth is a Residential Income property located in Cudahy, California, featuring a 0.523 acre lot, 11,960 sqft, 31 bedrooms, MLS #26693507.