4926 Elizabeth Street, Cudahy, California
4926 Elizabeth Street, Cudahy, California 90201 - Development Opportunity Awaits: nearly 21,000 sft deep rectangular parcel awaits development; in 2004-2005 City of Cudahy approved construction of 6 unit PUD SFR's; seller obtained city variance & approval but then the RE mrkt crashed; with RE rebound and high rental & ownership demand, parcel can now be developed & fully maximized; buyer to explore whether City of Cudahy will allow greater density than 6 PUD units: it might, buyer to investigate with City as to future development; sale is to be "as is where is"; meanwhile while your buyer explores development, the two existing homes on the property generate rental income; front unit is 2+1, the second unit is 3+1; PLZ DO NOT DISTURB TENANTS. Property cash flows & there is no urgency to sell, so owner will only consider strong offers. Agents please see prvt remarks.
Listing Courtesy of Jose Pascual III~Escala Realty Group