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Key Details
Sold Price $10,400,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW21247692
Sold Date 02/10/22
Bedrooms 5
HOA Y/N No
Lot Size 1.840 Acres
Property Description
Rare opportunity to acquire a 30+ unit multifamily investment property in the strong inland South Bay rental market! The offering, located at 521 West 218th Place in Carson, California, consists of 36 units across six buildings on four contiguous parcels that span a massive 1.84 acres. The asset has a diverse mix of 10 studios, 10 one-bed/one-bath, nine two-bed/one-bath, and seven two-bed/two-bath units, all of which are separately metered for gas and electricity. The property boasts an amenities package that includes a sparkling pool with an expansive pool deck, three laundry rooms, and 65 carport parking spaces, some of which have storage. Additionally, the units have wall heaters, top-floor units have vaulted ceilings, and select units have walk-in closets and upgraded flooring. 521 West 218th Place is located proximate to the 110 Freeway at Carson Street and within a mile of the Carson Town Center shopping mall, where tenants include Planet Fitness and Starbucks, and just a half-mile from the growing Harbor-UCLA Medical Center, a major employer in the area.
Rare opportunity to acquire a 30+ unit multifamily investment property in the strong inland South Bay rental market! The offering, located at 521 West 218th Place in Carson, California, consists of 36 units across six buildings on four contiguous parcels that span a massive 1.84 acres. The asset has a diverse mix of 10 studios, 10 one-bed/one-bath, nine two-bed/one-bath, and seven two-bed/two-bath units, all of which are separately metered for gas and electricity. The property boasts an amenities package that includes a sparkling pool with an expansive pool deck, three laundry rooms, and 65 carport parking spaces, some of which have storage. Additionally, the units have wall heaters, top-floor units have vaulted ceilings, and select units have walk-in closets and upgraded flooring. 521 West 218th Place is located proximate to the 110 Freeway at Carson Street and within a mile of the Carson Town Center shopping mall, where tenants include Planet Fitness and Starbucks, and just a half-mile from the growing Harbor-UCLA Medical Center, a major employer in the area.
Location
State CA
County Los Angeles
Area Carson (90745)
Zoning Assessor
Exterior
Pool Below Ground, Private
Building
Story 2
Lot Size Range 1+ to 2 AC
Others
Acceptable Financing Cash
Space Rent $1,221
Listing Terms Cash
Financing Cash
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Bought with Viet Hinh • Superior Real Estate Group
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