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4502 Elizabeth St, Bell Gardens, CA, 90201

31beds
15baths
11,960sqft
$3,180,000
$266price/sqft
$20,877/moest. monthly cost
$835,080/yrincome needed

About This Home

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.

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
59
BikeBikeable

Schools

4/10
6/10
Bell Senior High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1962

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 31
  • Bathrooms: 15

Heating & Cooling

  • Heating features: Wall
  • Cooling features: None

Interior Area

  • Total structure area: 11,960
  • Total interior livable area: 11,960 sqft

Property

Details

  • Zoning: CUR3*
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: Two

Lot

  • Lot size: 0.52 Acres

Parking

  • Total spaces: 20
  • Parking features: Detached Carport
  • Carport: Yes