Property Detail
Description
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.
Map Location
Listing provided courtesy of Nicholas Petrosian of Remax Commercial and Investment Realty. Last updated 2026-05-03 08:19:08.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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