440 E Sepulveda Blvd - Apartments FOR SALE


Carson, CA 90745
$5,500,000 USD
310-431-5411
440 E Sepulveda Blvd, Carson, CA for Sale
$5,500,000 USD
Apartments - FOR SALE
1/21
null | 3.74% Cap Rate

440 E Sepulveda Blvd
Carson, CA 90745


HIGHLIGHTS

  • MODERN 2016 CONSTRUCTION- NON RENT CONTROLLED
  • TENANTS PAY ALL UTILITIES: GAS, WATER, POWER, TRASH
  • EACH UNIT HAS WASHER/DRYER- 2 PARKING SPACES PER UNIT
  • STABLE CASH FLOW

OVERVIEW

LYONS STAHL AND PACIFIC PEAK INVESTMENT REAL ESTATE GROUP INC is pleased to present the exclusive opportunity to acquire 440 E. Sepulveda in Carson, CA. 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.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$610 USD /SF

# OF UNITS

11

PRICE/UNIT

$500,000

CAP RATE

3.74%

% LEASED

91%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Four40 Sepulveda

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2016

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

MU-SB

APN/PARCEL ID

7406-013-024

ASK ABOUT THIS PROPERTY

Hythum KiswaniLyon Stahl Investment Real EstateMore Info
310-431-5411

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Hythum KiswaniLyon Stahl Investment Real EstateMore Info
310-431-5411

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.