334 E 220th Street

Carson, CA 90745

  • 15 Bed(s)
  • 0 Bath(s)
  • 6,925 Sqft
  • 18714
    Sqft(Lot)
$2,200,000

Description

This five-unit property, located at 334 e 220th st in carson, ca, presents a unique investment opportunity with substantial upside potential. the property consists of two front houses, each 1,305 square feet with attached two-car garages, built in 1973, and three spacious apartment-style units in the back, built in 1981. the back units include one 1,535-square-foot unit and two 1,390-square-foot units, offering a total of 6,925 square feet of living space on an expansive 18,709-square-foot lot. listed at $2,200,000, this well-positioned asset is priced at $440,000 per unit and $318 per square foot. currently, the property generates $13,900 per month and $166,800 annually in rental income, with the potential to increase to $16,750 per month and $201,000 per year at market rent levels. the back house is currently vacant, while all other tenants are on month-to-month leases, providing flexibility for new ownership. although the property has not undergone recent renovations, it is in good condition, with significant potential for value-add opportunities. the large lot and existing garage spaces offer excellent potential for additional development, such as the construction of adus in the garage spaces or in the back/side yard areas. the property includes six single-car garages for the back units and two two-car garages for the front houses, further enhancing its appeal. rents are due for an immediate increase upon new ownership. this property offers investors the chance to acquire a well-maintained asset with significant upside in a highly desirable location.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    46945172

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Property Details

  • Bedroom Information

    • Total Bedrooms : 15

    Bathroom Information

    • Total Baths: 10
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Disposal,Dryer,Washer

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1973
    • Building Area Total: 6,925

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.4296
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 18714

  • Listing Price Information

    • Original List Price: 2,200,000
    • Listing Contract Date: 2024-09-16

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 7335021024

  • Garage and Parking

    • Garage Description: Door-Multi,Door-Single,Driveway,Garage,Private
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active Under Contract
    • Source Neighborhood: 136 - Central Carson
    • Directions: From 405 freeway. Head East on Carson St...turn left on Grace Ave. Make Rightturn on 220th st. Property is located before you hit Dolores St.
    • Zoning: CARM12U&D*
    • Source Property Type: Residential Income
    • Area: 136 - Central Carson

    Building and Construction

    • Property Age: 51
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 6925
    • Levels or Stories: Two,Multi/Split
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/05/2024 @ 03:40

  • MLS: 24440073
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 15 bedrooms which is recently sold, it has 6,925 sqft, 18,714 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Carson , in zip code 90745, this Los Angeles County Home are nearby neighborhoods.