537 Sepulveda Blvd Carson, CA 90745

Property Details for 537 Sepulveda Blvd

Year built

1968

Lot size

0.39 lot acres

Property size

2,214 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional investment opportunity presents a fee-simple, multi-tenant retail property in Carson, CA, featuring a KFC and a Chinese Deli. Located at 537 E Sepulveda Blvd (APN 7329-046-026), this 2,214 square foot property sits on a 0.39-acre lot with 24 parking spaces and boasts a 4.55% cap rate and a $79,699 NOI. Built in 1968, the property comprises two single-story buildings and benefits from a highly coveted drive-thru permit, a significant advantage in the competitive South Bay market. Both tenants are currently operating at 100% occupancy, with rents significantly below market value, offering substantial upside potential for future income growth. The property's strong location along Sepulveda Boulevard provides excellent visibility and accessibility, further enhanced by its proximity to major thoroughfares, including Interstate 110, and key local attractions such as Phineas Banning High School and the Carson Event Center. Recent capital improvements, including parking lot repaving, enhance curb appeal. The surrounding area demonstrates strong demographics, with a high average household income within a three-mile radius. The property's desirable location is further bolstered by the upcoming completion of a new Starbucks and Quick Quack Car Wash across the street, indicating a positive trend in the immediate vicinity. This offering presents a rare opportunity to acquire a depreciable asset with significant tax benefits, making it an attractive investment for those seeking strong returns and long-term growth. The asking price is $1,750,000 ($790.42/sq ft).