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Multifamily

230 E 220th St

230 E 220th St, Carson, CA 90745

Listing Price: $2,100,000

Cap Rate
4.52%
Number of Units
6
Occupancy
100.0%
Price/Unit
$350,000
Price/Gross SF
$439.61
Gross SF
4,777

Investment Overview

Marcus & Millichap is pleased to present 230 East 220th Street, a 6-unit investment property in Carson, California. The property is located between Main and Dolores Streets just minutes from the 405 Freeway. This area is a solid majority-renter market with low vacancy rates. 230 East 220th Street consists of one 3 bedroom 2 bathroom unit, one 3 bedroom 1 bathroom unit, two 2 bedroom 1 bathroom units, and two 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers six single car garages, one 2 car garage, and surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

Investment Highlights

  • Rarely Traded Carson Submarket
  • Single Story Floor Plans
  • Ample Parking and "Home-Like" Feel
  • Fully Renovated with Upside
  • B+ Location

Exclusively Listed By

Financing By

Multifamily

230 E 220th St

Listing Price: $2,100,000

Cap Rate
4.52%
Number of Units
6
Occupancy
100.0%
Price/Unit
$350,000
Price/Gross SF
$439.61
Gross SF
4,777

Investment Highlights

  • Rarely Traded Carson Submarket
  • Single Story Floor Plans
  • Ample Parking and "Home-Like" Feel
  • Fully Renovated with Upside
  • B+ Location

Investment Overview

Marcus & Millichap is pleased to present 230 East 220th Street, a 6-unit investment property in Carson, California. The property is located between Main and Dolores Streets just minutes from the 405 Freeway. This area is a solid majority-renter market with low vacancy rates. 230 East 220th Street consists of one 3 bedroom 2 bathroom unit, one 3 bedroom 1 bathroom unit, two 2 bedroom 1 bathroom units, and two 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers six single car garages, one 2 car garage, and surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

Exclusively Listed By

Financing By

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