Listed by Matthew Wenzel•DRE #01198357• Marcus & Millichap
Contact: matthew.wenzel@marcusmillichap.com
For sale
$9,475,000
Est. $63,148/mo —
72
bd
•
43 ba
•
29,600
sq ft
5029 Santa Ana, Cudahy, CA 90201
About this home
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.
Southeast La, located between the San Gabriel River and the I-710 corridor, is a residential and industrial Downey neighborhood with wide arterial boulevards and pocket parks. The neighborhood’s character concentrates around the Firestone Blvd and Lakewood Blvd crossroads, where taquerias, bakeries, and small storefronts line the sidewalks under steady traffic. Mid-century ranch homes and low-slung apartment courts sit behind mature street trees, while warehouse blocks and auto-oriented retail shape the edges. The Rio Hondo and river-channel paths add a linear, open-sky backdrop for walks and bike rides. Community rituals often orbit local staples like Porto’s Bakery & Cafe, the Downey Theatre, and the Columbia Memorial Space Center. The pace feels practical and grounded, with daily life organized around boulevards, schools, and civic spaces.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Ground-level entry without steps
Two-level units
Bedrooms
One-bedroom units (multiple)
Two-bedroom units (multiple)
Bathrooms
One full bathroom in listed unit types
Kitchen
No specific kitchen appliance details provided
Laundry & utility
On-site community laundry
Flooring
No flooring details provided
Heating & cooling
No heating or cooling details provided
Exterior features
Fenced private pool
Landscaped grounds
Curbs in the community
Home design
Attached property
Two stories
Flat roof
Stucco construction
Concrete slab foundation
Parking
Assigned carport parking
43 carport spaces
1 uncovered parking space (total 44 parking spaces)
Security
No security details provided
Construction
Stucco exterior
Flat roof
Concrete slab foundation
Year built from public records
Utilities
Standard electric service
Public sewer
District/Public water
43 separate gas meters
43 separate electric meters
1 separate water meter
HOA & community
Rent control applies
Financial info
Total building area reported as 29,600
Total of 43 units
Gross scheduled income: $926,088
Gross income: $926,088
Gross operating income: $898,305
Net operating income: $545,182
Gross multiplier: 10.5
Laundry income: $10,620
Other income (RUBS): $13,428
Operating expenses: $353,845
Notable expenses include taxes ($123,175), trash ($24,721), maintenance ($46,304), insurance ($36,352), electric ($28,744), water/sewer ($16,530), pool ($9,600), gardener ($6,000), other expenses $13,376
Other
Property contains 2 buildings
Vacancy allowance rate: 3%
Average 1-bedroom area listed as 550
Average 2-bedroom area listed as 750
Electricity and solar
View estimated energy costs and solar savings for this home
The High Density Residential designation provides for higher-density, multi-story residential development, with a focus on providing an urban intensity and function at locations within easy walking distance to transit, recreation and community facilities, employment centers, and commercial services. Multi-story structures have creative common areas and centrally located parking. The housing types can occur as row houses, townhomes, or stacked flats. The maximum permitted density is 40 units per acre.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Educational/school
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 92° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
9 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Cudahy, CA • 90201
Average low and high temperatures (°F)
71
49
73
51
74
55
73
55
76
59
79
63
81
63
87
66
84
66
79
59
72
53
70
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 18% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5029 Santa Ana
There isn’t enough information to generate an accurate estimate at this time. Learn More