7701 Walker
Property Overview
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 three year 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. 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.
Home Details
- Property type
- Residential Income - Quadruplex
- Year built
- 1958
- Lot size
- 5,098 sq ft
- Parking
- 12 spaces
- Garage
- 4 spaces
- Carport
- 8 spaces
- Stories
- 2
- Days on market
- 36
- MLS status
- Active
- Zoning
- CUR3
Features & Amenities
Parking
- Assigned
- Carport
- Driveway Level
Pool
- None
Lot
- Two To Five Units Acre
Community, Schools & Utilities
Utilities
- Water
- Other
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 7701 Walker
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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