16-Unit Duplex Apartment
For Sale
$4,600,000
5143 Clara St, Bell Gardens, CA 90201
Eight duplexes provide garage parking and separately metered gas and electricity for each residence.
Property Size15,232 SF
Lot Size0.92 Acres
Price / SF$301
Days on Market10
Property Features for 5143 Clara St
General Information
Standard status
Active
Size
15,232 SF
Lot size
0.92 Acres
Property subtype
MULTI_FAMILY
Units
Unit Mix
14 x 2BR/1BA, 2 x 3BR/1BA
Multifamily Units
16
Additional Details
Utilities to Site
Yes
Building Details
Building Size
15,232 SF
Year Built
1962
Buildings
8
Stories
1
Listing Agency:
Remax Commercial and Investment Realty
Listed By:
Juan Cardenas · License #01233927
(213) 817-1000
Source:
Milsteinestates
Added: Oct 7
Changed: Oct 13
Last Checked: Oct 15 at 6:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Remax Commercial and Investment Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1962, this 16-unit apartment property is arranged as eight duplexes and contains 15,232 square feet of living space. The unit mix includes 14 two-bedroom, one-bath residences and two three-bedroom, one-bath residences. Each unit has a single-car garage, and the site also offers additional open parking. Gas and electricity are separately metered for every unit; water and trash are owner-paid expenses, with no common-area gas or electric service.
The property occupies 40,006 square feet of land. Approved plans are available for two rear-lot accessory dwelling units, each planned with three bedrooms and 1.5 bathrooms; permits still need to be obtained. The existing 16 units are subject to rent control. The source information notes that proposed new construction may be exempt, subject to confirmation with the City of Cudahy.
The property occupies 40,006 square feet of land. Approved plans are available for two rear-lot accessory dwelling units, each planned with three bedrooms and 1.5 bathrooms; permits still need to be obtained. The existing 16 units are subject to rent control. The source information notes that proposed new construction may be exempt, subject to confirmation with the City of Cudahy.
Key Highlights
- 16 units across eight duplexes on 40,006 SF of land
- 15,232 SF of living space; built in 1962
- Unit mix: 14 two‑bedroom, one‑bath units and 2 three‑bedroom, one‑bath units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$245,095
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,901,900
$4.9M
Cap Rate 7%
$3,501,357
$3.5M
Cap Rate 9%
$2,723,278
$2.7M
Market Conditions
NOI Build-Up for 15,232 SF
Gross rent
$484.4K $31.80/SF
− Vacancy
−$38.8K −$2.54/SF
EGI
$445.6K $29.26/SF
− OpEx
−$200.5K −$13.17/SF
NOI
$245.1K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,901,900
Cap Rate 7%
$3,501,357
Cap Rate 9%
$2,723,278
Alternative Uses
Best Use
Apartment 5plus
$3.50M
$3.06M – $4.08M
NOI $245,095 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.16M
$7.14M – $9.51M
NOI $570,861 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,152
Businesses Nearby
Explore this area
Business Placement
Demographics for 90201, CA
95,810
Population
24,989
Households
3.8
Avg Household Size
32
Median Age
7%
College-Educated
55%
High-School Grad
6.0 sq mi
ZIP Area
15,968
Density / Sq Mi
$56,824
Median Household Income
$30,264
Median Earnings
$1,623
Median Rent
$542,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Eight duplexes provide garage parking and separately metered gas and electricity for each residence.
Where is this apartment building located?
The property is located at 5143 Clara St Bell Gardens, CA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: 16 units across eight duplexes on 40,006 SF of land; 15,232 SF of living space; built in 1962; Unit mix: 14 two‑bedroom, one‑bath units and 2 three‑bedroom, one‑bath units
