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4502 Elizabeth Street, Cudahy, CA 90201

Cudahy
Local realty services provided by:CENTURY 21 Discovery
4502 Elizabeth Street,Cudahy, CA 90201
$3,500,000
  • 31 Beds
  • 15 Baths
  • 11,960 sq. ft.
  • Multi-family
  • Active
Listed by: nicholas petrosian
Office: remax commercial and investment realty213-817-1000
MLS#:26693507
Source:CRMLS

Price summary

  • Price:$3,500,000
  • Price per sq. ft.:$292.64

About this home

"Riviera" is a 15-unit, two-story garden-style apartment community in the heart of Cudahy's strong rental market. At $233,333 per unit, 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. Four vacant 2-bed/1-bath units deliver immediate lease-up upside at $2,250/month market rents, while the remaining occupied units offer additional upside as below-market leases naturally turn over. At stabilized market rents, the property achieves a 7.5% cap rate and 8.45 GRM, a compelling return profile for the Southeast Los Angeles market. The asset has been well cared for, featuring a newer roof, upgraded electrical panels, and manicured landscaping throughout. New ownership steps into a clean, operationally sound building with the hard work already done. Conveniently located near major employment corridors, retail, and dining, with easy...

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Home facts

  • Year built:1962
  • Listing ID #:26693507
  • Added:4 day(s) ago
  • Updated:April 14, 2026 at 10:27 AM

Rooms and interior

  • Bedrooms:31
  • Total bathrooms:15
  • Living area:11,960 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1962
  • Building area:11,960 sq. ft.
  • Lot area:0.52 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$3,500,000
  • Price per sq. ft.:$292.64

Parking

  • Total parking spaces:20
  • Parking description:Detached Carport
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