7701 WalkerCudahy, CA 90201

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.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1958

Stories

2

Building area

2,880 Sq Ft

Lot size

0.12 acres

Lot dimensions

5162

Garage spaces

4

Parking spaces

12

Zoning

CUR3

Days on market

100

MLS^® Listing#

DW26135968

Property Features

Pool

None

Parking

Assigned · Carport

Laundry

See Remarks

Community

Suburban

Sewer

Public Sewer

Water source

Other

Financial Details

HOA

None

Parcel number

6226027042

Directions

South of Live Oak, West of 710