4502 Elizabeth St, Cudahy, CA 90201

$2,848,000
31
BD
15
BA
11,960
SqFt

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Sold Price
$2,848,000
List Price
$3,180,000
Closing Date
Jun 23, 2026
MLS#
26693507
Year Built
1962
Bedrooms
31
Bathrooms
15
Living Sq. Ft
11,960
Lot Size
22,783
Days on Market
36
Property Type
Multifamily

Property Description

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.

Additional Information

Other Buildings
None
Heat
Wall
Cooling
None
Number of Cars in Garage
Carport Detached

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Courtesy of Remax Commercial and Investment Realty, Nicholas Petrosian - CA DRE#01462598 Selling Office: .

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