2705 E Monroe St Carson, CA 90810
Five-unit apartment building in Carson with significant rental upside.
Property size:
3,796 SFLot size:
0.13 AcresProperty Features for 2705 E Monroe St
General Information
- Size
- 3,796 SF
- Lot size
- 0.13 Acres
Building Details
- Year built
- 1959
Source:
Kw
Listing Agent: Cann
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Carson Multifamily Investment Opportunity
This five-unit apartment building in Carson, CA, features a unit mix of four 2-bedroom/1-bath units and one 3-bedroom/1-bath unit. The property provides 3,796 rentable square feet on a 5,589 square foot lot. Constructed in 1959, the property has been maintained with recent capital improvements completed in 2024, including a new roof, new gutters, a freshly painted exterior, and updated wrought iron railings. Interior updates vary by unit, with recent renovations including new laminate flooring, updated kitchens and bathrooms, fresh interior paint, and new fixtures. All units are currently on month-to-month leases. Each unit is individually metered for gas and electric, which tenants currently pay for. The current ownership pays for water and trash. The property's central location in Carson provides convenient access to major freeways, employment hubs, and the ports of Los Angeles and Long Beach. The property offers flexibility for investors seeking value-add opportunities or steady long-term income.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Carson
- County
- Los Angeles
- State
- California
- Longitude
- -118.2179466
- Latitude
- 33.8356197
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FAQs
What type of property is this?
Apartment building - Five-unit apartment building in Carson with significant rental upside.
Where is this apartment building located?
The property is located at 2705 E Monroe St Carson, CA.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: - Significant rental upside potential of approximately 82% due to month-to-month leases.; - Potential to generate over $137,000 in annual gross income at market rents, with pro forma cap rates projected above 10%.; - Recent capital improvements in 2024, including a new roof, new gutters, freshly painted exterior, and updated wrought iron railings.