About 4502 Elizabeth Street
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.
Features of 4502 Elizabeth Street
| MLS® # | 26693507 |
|---|---|
| Price | $3,180,000 |
| Sold Price | $2,848,000 |
| Bedrooms | 5 |
| Bathrooms | 2.00 |
| Square Footage | 11,960 |
| Lot Sqft | 22,783 |
| Acres | 0.52 |
| Year Built | 1962 |
| Type | Residential Income |
| Status | Closed |
| # Of Units | 15 |
Community Information
| Address | 4502 Elizabeth Street |
|---|---|
| Area | T5 - WalnutPk, HuntPk, Bell N of Florence, and Cud |
| City | Cudahy |
| County | Los Angeles |
| Zip Code | 90201 |
Amenities
| Parking Spaces | 20 |
|---|---|
| Parking | Detached Carport |
| Garages | Detached Carport |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Stories | Two |
Additional Information
| Date Listed | April 9th, 2026 |
|---|---|
| Date Sold | June 23rd, 2026 |
| Days on Market | 36 |
| Zoning | CUR3* |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Nicholas Petrosian |
|---|---|
| Office | Remax Commercial and Investment Realty |