440 E Sepulveda Boulevard, Carson, CA 90745
- $5,288,000
- Sold Price
- $5,288,000
- List Price
- $5,500,000
- Closing Date
- Apr 18, 2025
- Status
- CLOSED
- MLS#
- SB24250328
- Year Built
- 2016
- Lot Size
- 18,599
- Acres
- 0.43
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 53
- Property Type
- Multifamily
- Property Sub Type
- Apartment
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.
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Additional Information
- Appliances
- Dryer, Washer
- Pool Description
- None
- Garage Spaces Total
- 22
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 11
- Gross Scheduled Income
- $309,600
- Operating Expense
- 94712
Listing courtesy of Listing Agent: Hazel Brown (hazelmariebrown@gmail.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by Wilfredo Paguio from CSB REALTY
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.