5029 Santa Ana

The subject property is a 43 unit multi-family building located at 5018 & 5029 Santa Ana Street in the city of Cudahy. This property is composed of two separate buildings: the 5029 Santa Ana building (28 units) which is located on the north side of Santa Ana Street, and the 5018 Santa Ana building (15 units) which is located directly across Santa Ana Street on the south side. These buildings have been operated as a single asset for well over 20 years and each building is in very good overall condition offering a turnkey opportunity for an investor. 5029 Santa Ana Street – Jana Apartments The Jana Apartments is a 28-unit multi-family building built in 1962. Each building is a two-story walk-up of wood-frame/stucco construction with flat roofs that were just completely redone in 2025. All units at the Jana Apartments are 2br/1ba units of approximately 750 SF. Parking is provided with 28 covered carport parking spaces. Gas and electricity are separately metered and water/sewer/trash/pest control is charged back to the tenants through RUBS. Amenities include a swimming pool, a laundry room and A/C. This building is subject to the city of Cudahy rent control although current rents have a great deal of upside potential as units turn. There are units in the complex with two-bedroom rents as low as $1,600 per month and the average rent stands at only $1,847 per month. 5018 Santa Ana Street – Santa Ana Apartments The Santa Ana Apartments is a 15-unit multi-family building built in 1962. The complex is composed of a single story detached single family home (built in 1936) along with a 14-unit building. The 14-unit portion of the property is a two-story walk-up with flat roofs that were just completely redone in 2026. The unit mix at the Santa Ana Apartments is a 2br/1ba detached single family home of approximately 900 SF and 14 1br/1ba units of approximately 550 SF. Parking is provided with 15 covered carport parking spaces and a single open space. Gas and electricity are separately metered and water/sewer/trash/pest control is charged back to the tenants through RUBS. Amenities include a swimming pool, a laundry room and air conditioning.