440 East Sepulveda Boulevard

Carson, CA 90745

$5,500,000
Price
7
Beds
15
Baths
9,010 Sq. Ft.
$610 / Sq. Ft.
9,010
Sq. Ft.
$610
per Sq. Ft.

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...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.
  1. Listed by Hazel Brown • DRE #02233726 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-430-2520

Property Details for 440 East Sepulveda Boulevard

Parking Spaces Total
22
Private Pool
No
Total Units
11.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
9010
Assessor Parcel Number
7406-013-024
Property Attached YN
true
LISTING UPDATED: 12/17/2024 03:44 AM

Property Details for 440 East Sepulveda Boulevard

StatusActive
MLS #SB24250328
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2016
CountyLos Angeles County

Building Information for 440 East Sepulveda Boulevard

Building/Complex440 E Sepulveda BlvdFloor-Stories2Residences-Pet Policy-Year Built2016Building Size-

Property Information for 440 East Sepulveda Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $309,600
  • Gross Scheduled Income: $309,600
  • Net Operating Income: $205,600
Expense Details
  • Operating Expense: $94,712
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Total Expenses: $94,712
Tax / Assessment Info
  • Tax Block: 2
  • Tax Tract Number: 543...
  • Tax Census Tract: 5437.03
  • CFD/Mello-Roos Fee: $3,757
  • Tax Lot: 29
Community / Development
Community / Development
  • Community Features: Curbs, Dog Park, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
Exterior Features
  • Security Features: Security System
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft
  • Number Of Units: 11
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 22
  • Parking: Yes
  • Parking Garage: Carport, Garage
  • Parking Garage Spaces: 22
  • Carport Spaces: 0
  • Parking Features: Carport, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,279
  • Unit Type Total Rent: $15,950
  • Unit Type Pro Forma: 19600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Actual Rent: $2,350
  • Unit Type Total Rent: $7,050
  • Unit Type Pro Forma: 8850
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 3550
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 11

Property History for 440 East Sepulveda Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 440 East Sepulveda Boulevard

Taxable ValueLand$258,779Additions$1,298,400Total$1,557,179
Tax Record2017$21,271 ($1,773 / month)
Home Facts
Beds23Above Grade Finished SqFt10,137 SqFtStyleMulti-Family Res (5+ Units)ZoningCAMU-SCountyLos AngelesAPN7406013018

Schools near 440 East Sepulveda Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Broad Avenue Elementary School
PublicK to 5

Scholarship Prep - South Bay
CharterK to 8

Phineas Banning Senior High School
Public9 to 12

Eagle Tree Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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440 East Sepulveda Boulevard is a multi-family home for sale in Carson, CA 90745. This property was listed for sale on October 15, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $5,500,000. It has been on the market for a total of 4 days and was last sold on March 13, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Broad Avenue Elementary School, Scholarship Prep - South Bay and Phineas Banning Senior High School. 440 East Sepulveda Boulevard is a 7-bed, 15-bath, 9,010 sqft multi-family home built in 2016.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Hazel Brown, DRE #02233726

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.