
Cudahy, California 90201
Analysis of 5224 Clara St, Cudahy, California 90201 is currently available with a list price of $2,399,999. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Cudahy Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
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.
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.
A substantial 39,688 square foot lot provides ample space for significant new construction or expansion, a rare find in this urbanized region.
Five residential units are currently generating income, offering immediate cash flow to offset holding costs during any potential entitlement and development period.
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.
Built in 1943, the existing five units are old, likely requiring significant capital expenditure for renovation or demolition if a full redevelopment is planned.
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.
Price Reduced! 5224–5230 ½ Clara Street offers a rare opportunity to acquire a large, underutilized residential parcel in the City of Cudahy, now priced at $2,399,999. Situated on a 39,688 SF lot, the property features five existing residential units generating current rental income, including a two-story 4-bedroom/2-bath front house, one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit ideal for offsetting holding costs during entitlement and redevelopment. Large infill parcels of this size are increasingly scarce in Southeast Los Angeles, making this a prime opportunity for developers and investors seeking strong upside potential; buyer to verify zoning and development possibilities with the City.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 1.0 | 50% |
| Square foot | 4,290 | 4,131 | 50% |
| Lot Size | 39,688 | 22,719.5 | 50% |
| Price | $2.40M | $1.62M | 50% |
| Price per sq ft | $559 | $387 | 50% |
| Built year | 1943 | 1934 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 128 | 162 | 50% |
Mar 21, 2026
$2,399,999
$2,500,000
-4% Price Drop
Initial Listing
Dec 15, 2025
$2,500,000
Initial Listing
Dec 8, 2004
$680,000
Public Record