FOR SALE

11 Unit No Rent Control Apartments in Carson, Ca

South Bay

440 E. Sepulveda Blvd., Carson, Ca 90745

Property Description

440 E. Sepulveda Blvd is a 2016 construction 11 Unit apartment community in the city of Carson, Ca. This investment offers an experienced investor a chance to acquire a rare non rent control opportunity in the South Bay.

The property is comprised of four separate two story buildings totaling 9,010 SF with a large unit mix including (9) 2bd/1bth units, (2) 2bd/ 2bth units, and (1) 3bd/2th unit, with different floorpans, private patios & balcony, central air/heat, in unit washer/dryers, and two car garages & carports for ample storage. In addition, the building has fire sprinklers, cameras, front gate, and secured access for maximum safety.

All of the tenants are month to month, property is fully sub metered for water & sewer, and most of the rents are well below market offering huge management upside for a new investor. The building completed construction in October 2016 and sits on a total lot size of 18,595 SF with 200 feet of frontage on Sepulveda Blvd.

Features and Highlights

  • NO Rent Control! Built in Oct 2016.
  • Month to Month Tenancy with One Unit Delivered Vacant.
  • Below Market Rents in a Strong Rental Area. Huge Upside!
  • Prime Location in South Bay on Sepulveda Blvd near 110, 405, and 91 Freeway. Located between LA and Orange County and minutes to LA & Long Beach Ports. Close Proximity to major retail, commercial, and residential developments.

Property Details

  • Price:$5,750,000
  • APN:7046-013-024
  • Units:11
  • Occupancy:91%
  • Building Size:9,010 SF
  • Lot Size:18,595 SF
  • Year Built:2016
  • Rent Control:NO

Listing Agent: Brian Noh, CCIM DRE: 01438115

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