Updated Residential Income
For Sale
$299,999
109-21111 Dolores St, Carson, CA 90745
Remodeled kitchen, flexible third room, and private outdoor space enhance the home’s everyday functionality.
Property Size1,180 SF
Price / SF$254.24
Days on Market25
Property Features for 109-21111 Dolores St
General Information
Standard status
Active
Size
1,180 SF
Property subtype
Manufactured In Park
Additional Details
Highway Access
Yes
Multifamily Units
1
Amenities
pool
spa
banquet hall
lounge areas
storage sheds
Listing Agency:
WERE REAL ESTATE
(626) 400-7008
Listed By:
Russell Ma
(626) 400-7008
Source:
Exprealty
Added: Jul 21
Changed: Aug 14
Last Checked: Aug 14 at 11:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WERE REAL ESTATE
Investment Insights
Based on property information with market context.
This updated residential income property offers 1,180 square feet of living space with a bright layout and improved interiors. The remodeled kitchen includes modern appliances, substantial cabinetry, and ample counter space. A permitted third room provides adaptable space for a bedroom, office, guest room, or hobby area. The home also includes a private backyard and two storage sheds.
The property is located in a rent-controlled community with access to a pool, spa, banquet hall, and lounge areas. Shopping, restaurants, parks, and Vallarta Supermarkets are nearby, while access to the 110, 405, and 91 freeways supports travel throughout the South Bay and greater Los Angeles area. The property address is 109-21111 Dolores St, Carson, CA.
The property is located in a rent-controlled community with access to a pool, spa, banquet hall, and lounge areas. Shopping, restaurants, parks, and Vallarta Supermarkets are nearby, while access to the 110, 405, and 91 freeways supports travel throughout the South Bay and greater Los Angeles area. The property address is 109-21111 Dolores St, Carson, CA.
Key Highlights
- 1,180 square feet of living space
- Remodeled kitchen with modern appliances, cabinetry, and ample counter space
- Permitted third room supports flexible use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,987
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$379,740
$379.7K
Cap Rate 7%
$271,243
$271.2K
Cap Rate 9%
$210,967
$211.0K
Market Conditions
NOI Build-Up for 1,180 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$37.5K $31.80/SF
− Vacancy
−$3.0K −$2.54/SF
EGI
$34.5K $29.26/SF
− OpEx
−$15.5K −$13.17/SF
NOI
$19.0K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$379,740
Cap Rate 7%
$271,243
Cap Rate 9%
$210,967
Alternative Uses
Best Use
Apartment 5plus
$271.2K
$237.3K – $316.5K
NOI $18,987 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$631.8K
$552.8K – $737.1K
NOI $44,224 @ 7.0% cap · market cap 14.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,548
Businesses Nearby
Explore this area
Business Placement
Demographics for 90745, CA
59,937
Population
16,638
Households
3.6
Avg Household Size
42
Median Age
28%
College-Educated
81%
High-School Grad
8.2 sq mi
ZIP Area
7,309
Density / Sq Mi
$106,457
Median Household Income
$42,404
Median Earnings
$1,838
Median Rent
$628,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Remodeled kitchen, flexible third room, and private outdoor space enhance the home’s everyday functionality.
Where is this residential income property located?
The property is located at 109-21111 Dolores St Carson, CA.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: 1,180 square feet of living space; Remodeled kitchen with modern appliances, cabinetry, and ample counter space; Permitted third room supports flexible use
