5143 Clara Street, Cudahy, CA 90201

The property address is 5143-5147 Clara Street, Cudahy, CA 90201. Single-story 16-unit community in Cudahy, built as eight duplexes on 40,006 SF of land with 15,232 SF of living space. Built in 1962, the property has the house-like feel renters want: no shared walls above or below, and each unit has its own single-car garage, with plenty of extra open parking. The unit mix is (14) 2-bed / 1-bath and (2) 3-bed / 1-bath, which tend to be in greatest demand in this market. Every unit is separately metered for gas and electricity, and there are no common-area utilities, so the owner pays only water and trash (reduced property expense due to the lack of common area electricity and gas). The property comes with permit-ready plans for two 3-bed / 1.5-bath ADUs at the rear of the lot. The plans are approved, and permits only need to be pulled. As new construction, the ADUs are exempt from rent control, so a buyer can add two market-rate units and grow income immediately without going...