5224 Clara St, Cudahy, California 90201, Cudahy, 90201 - bed, bath
ACTIVE$2,500,000
5224 Clara St, Cudahy, California 90201
0Bed
0Bath
4,290Sqft
39,688Lot
Year Built
1943
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$583
HOA
-
Days on market
-
Sold On
-
MLS number
DW25276252
Home ConditionPoor
Features
Patio
View-
About this home
We found 4 Cons,5 Pros. Rank: price - $2.50M(50th), sqft - 4290(50th), beds - undefined(50th), baths - undefined(50th).
5224–5230 ½ Clara Street is an underutilized residential parcel located in the City of Cudahy, within Southeast Los Angeles County. The property is situated on a 39,688 square foot lot and is improved with five residential units, providing existing rental income during a potential entitlement and development period. The improvements include a two-story front house with four bedrooms and two bathrooms, one three-bedroom/one-bath unit, two two-bedroom/one-bath units, and one one-bedroom/one-bath unit. The limited availability of large development parcels in the area contributes to continued demand for residential sites of this size. Send over your offers, this listing won't last long!
Nearby schools
4/10
Park Avenue Elementary School
Public,•K-6•0.2mi
4/10
Jaime Escalante Elementary School
Public,•K-6•0.9mi
4/10
Teresa Hughes Elementary School
Public,•K-6•1.1mi
5/10
Tweedy Elementary School
Public,•K-5•1.5mi
4/10
Ellen Ochoa Learning Center
Public,•K-8•0.3mi
5/10
South Gate Middle School
Public,•6-8•1.5mi
4/10
Orchard Academies 2b School
Public,•6-8•1.8mi
4/10
Elizabeth Learning Center
Public,•K-12•0.5mi
5/10
Bell Senior High School
Public,•9-12•1.2mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,•6-12•1.6mi
5/10
Maywood Academy High
Public,•9-12•1.6mi
6/10
South Gate Senior High School
Public,•9-12•2.1mi
Price History
Date
Event
Price
12/15/25
Listing
$2,500,000
12/08/04
Sold
$680,000
Condition Rating
Poor
The property was built in 1943, making the structures over 80 years old. The MLS description and property analysis explicitly state that the 'existing five units are old, likely requiring significant capital expenditure for renovation or demolition' and are 'underutilized,' suggesting a need for substantial investment. While the property generates rental income, implying it's not entirely unlivable, the exterior images show dated structures with visible window AC units, and there are no interior photos to suggest any recent updates to kitchens or bathrooms. This indicates the property requires substantial repairs and rehabilitation to meet modern standards, aligning with a 'poor' condition score.
Pros & Cons
Pros
Significant Development Potential: The property is explicitly described as an 'underutilized residential parcel' with 'limited availability of large development parcels in the area,' indicating high demand and substantial redevelopment opportunities.
Large Lot Size: A substantial 39,688 square foot lot provides ample space for significant new construction or expansion, a rare find in this urbanized region.
Existing Rental Income: Five residential units are currently generating income, offering immediate cash flow to offset holding costs during any potential entitlement and development period.
Multi-Unit Configuration: The property includes a diverse mix of five units (4-bed, 3-bed, two 2-bed, 1-bed), catering to various tenant needs and providing flexibility for investment strategies.
Strategic Location: Located in Southeast Los Angeles County, an area with consistent demand for residential properties and development, enhancing its long-term value proposition.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =39688, other record lot size in square feet = 39015.
Age of Structures: Built in 1943, the existing five units are old, likely requiring significant capital expenditure for renovation or demolition if a full redevelopment is planned.
Complexity of Entitlement & Development: The 'potential entitlement and development period' implies a lengthy, costly, and uncertain process involving permits, zoning, and construction, which can be a barrier for some investors.
Implied Condition/Investment Needed: The term 'underutilized' suggests the property is not currently optimized, indicating a need for substantial investment to realize its full potential, with no details provided on the current state of the existing units.