N
Seller's Agent in 2020
Neema Ahadian
Marcus & Millichap
(213) 943-1800
1 in this area
87 Total Sales
20401 S Avalon Blvd Carson, CA 90746
Estimated Value: $2,972,452
--
Bed
--
Bath
5,382
Sq Ft
$552/Sq Ft
Est. Value
Highlights
- 0.46 Acre Lot
- 1-Story Property
- 4-minute walk to Del Amo Park
About This Home
As of December 2020Built in 1978 this property is an ideal investment, owner/user, or redevelopment opportunity and is located directly off the 405 freeway with easy access from the Avalon Boulevard exit. The subject property consists of a 5,382 SF office building, currently subdivided into 3 units, and is located on a large 20,138 SF lot zoned CACR&D*.This offering presents the investor an opportunity to acquire an asset with an in-place cash-flow of 4.89% with the upside potential to achieve a 6.32% pro forma CAP rate when market rents are achieved. The property is currently 100% occupied with one short term lease expiring 6/30/2021 (1,660 SF), one month-to-month lease (2,350 SF) and one tenant who just exercised their five year option to extend. This presents an owner/user the ability to occupy over 50% of the building immediately. The landlord will have minimal operating expenses as the current tenants pay approximately $0.43 per SF monthly in CAM reimbursement.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $33,121
Year Built
- Built in 1978
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 108x195
Parking
- 19 Parking Spaces
Interior Spaces
- 5,382 Sq Ft Home
- 1-Story Property
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 7339-018-034
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2020
Closed on
Dec 7, 2020
Sold by
Brej Llc
Bought by
Redondo Beach Group Llc
Seller's Agent
Neema Ahadian
Marcus & Millichap
Buyer's Agent
Neema Ahadian
Marcus & Millichap
List Price
$2,500,000
Sold Price
$2,425,000
Premium/Discount to List
-$75,000
-3%
Total Days on Market
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,452
Avg. Annual Appreciation
5.03%
Original Mortgage
$1,030,000
Outstanding Balance
$935,261
Interest Rate
2.66%
Mortgage Type
New Conventional
Estimated Equity
$2,067,139
Purchase Details
Closed on
Jul 10, 2013
Sold by
Ghatan Bijan
Bought by
Brej Llc
Purchase Details
Closed on
Dec 18, 2012
Sold by
Ghatan Homa Yadegar
Bought by
Ghatan Bijan
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Redondo Beach Group Llc | $2,425,000 | Fidelity National Title Co | |
| Brej Llc | -- | None Available | |
| Ghatan Bijan | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Redondo Beach Group Llc | $1,030,000 | |
| Closed | Redondo Beach Group Llc | $1,000,000 | |
| Closed | Redondo Beach Group Llc | $1,030,000 | |
| Closed | Redondo Beach Group Llc | $1,250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2020 12/29/20 | Sold | $2,425,000 | -3.0% | $451 / Sq Ft |
| 08/04/2020 08/04/20 | Pending | -- | -- | -- |
| 06/29/2020 06/29/20 | For Sale | $2,500,000 | -- | $465 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $33,121 | $2,573,428 | $1,273,449 | $1,299,979 |
| 2023 | $32,536 | $2,522,970 | $1,248,480 | $1,274,490 |
| 2022 | $30,961 | $2,473,500 | $1,224,000 | $1,249,500 |
| 2021 | $30,650 | $2,425,000 | $1,200,000 | $1,225,000 |
| 2020 | $22,398 | $1,681,338 | $784,625 | $896,713 |
| 2019 | $21,526 | $1,648,372 | $769,241 | $879,131 |
| 2018 | $21,013 | $1,616,052 | $754,158 | $861,894 |
| 2016 | $20,091 | $1,553,301 | $724,874 | $828,427 |
| 2015 | $19,748 | $1,529,970 | $713,986 | $815,984 |
| 2014 | $19,725 | $1,500,000 | $700,000 | $800,000 |
Source: Public Records
Agents Affiliated with this Home
-
Neema Ahadian
Map
Source: The MLS
MLS Number: 20-597164
APN: 7339-018-034
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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