$5,500,000
440 E Sepulveda Boulevard
Carson, CA, 90745
Property Description
Built in 2016, this NON RENT CONTROLLED multi-family asset is an 11-unit complex that is well designed and modernly constructed. All the units come with in-unit washer/dryer, private parking spaces and garages, private storage, HVAC units, etc etc. The average size of the mainly 2 bedroom units is approx. 820 Sq Ft., include wooden floors, carpeted bedrooms, dual-pane windows, GE appliances fully equipped with quartz countertops. Located in the heart of Carson, CA, a city that is a hub for diverse industries including Logistics, Warehousing & Manufacturing, including Oil and Refining. Additionally, the property is in excellent proximity to shopping, entertainment districts and restaurants.
If you’re an investor that’s tired of the government dictating what your building can acquire for rent, then this is the property for you! With a rent increase allowed in January of 2025, buyer will have option of increasing rent by up to 9%. With a moderate increase of only 4%, there is a 32% upside in rents. The units are individually sub-metered for water and sewer. All the tenants pay for all the utilities including trash. AS CLOSE TO NNN FOR APARTMENT BLDG AS THERE IS.
If you’re an investor that’s tired of the government dictating what your building can acquire for rent, then this is the property for you! With a rent increase allowed in January of 2025, buyer will have option of increasing rent by up to 9%. With a moderate increase of only 4%, there is a 32% upside in rents. The units are individually sub-metered for water and sewer. All the tenants pay for all the utilities including trash. AS CLOSE TO NNN FOR APARTMENT BLDG AS THERE IS.
Property Details
Price:
$5,500,000
MLS #:
SB24250328
Status:
Active
Baths:
0
Address:
440 E Sepulveda Boulevard
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
139southcarson
City:
Carson
Listed Date:
Oct 15, 2024
State:
CA
ZIP:
90745
Lot Size:
18,599 sqft / 0.43 acres (approx)
Year Built:
2016
Schools
Interior
Exterior
Community Features
Curbs, Dog Park, Sidewalks
Garage Spaces
22.00
Lot Features
0-1 Unit/ Acre, Lot 10000-19999 Sqft
Parking Features
Carport, Garage
Parking Spots
22.00
Pool Features
None
Security Features
Security System
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Need more info?
If you have any questions about this property, we at the Mohr Group would be happy to answer them. Click the button below and send us a message.
Ask a QuestionReady to go see it?
Schedule a ShowingMortgage Calculator
Similar Listings Nearby
- 515 W 3rd Street
Long Beach, CA$5,950,000
4.70 miles away
- 22102 Normandie Avenue
Torrance, CA$5,000,000
2.22 miles away
Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
440 E Sepulveda Boulevard
Carson, CA
LIGHTBOX-IMAGES