Est. cap rate

1.8%

Assumed rent, all units

$9,000/mo

Units

4

Price per unit

$747,500

Est. annual NOI

$54,000

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

3,406 sqft

Lot size

40,316 sqft

Year built

1945

Stories

1

Garage spaces

3

Pool

None

Status

Active

Days on market

42

MLS #

246783738

About this property

Rare Carson investment and development opportunity featuring four detached, single-story residences situated on one expansive, level and rectangular 40,260-square-foot parcel measuring approximately 132 × 305 feet. The existing improvements total approximately 3,406 square feet and provide a combined eight bedrooms and four bathrooms, three garage spaces and approximately 10 additional uncovered parking spaces. Existing rents substantially below market due to long-term tenants whose rents were intentionally kept low by the prior owner. Buyers must independently verify rental values, expenses and income projections. The property is zoned RM-12-D and may offer future multifamily development potential of approximately 11 units by right and potentially 13 units with a density bonus. All zoning, density, development potential and permitted-use information is subject to independent buyer verification and approval by the City and all applicable agencies.

Location

215 E 220th

Carson, Los Angeles, CA, 90745