440 E Sepulveda Boulevard

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.

Listing information courtesy of: Hazel Brown, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 01/10/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.