NOT LISTED FOR SALE

414 E 231st St Carson, CA 90745

Estimated Value: $1,015,000 - $1,098,000

6 Beds
4 Baths
1,988 Sq Ft
$526/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $975,000 $490 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,565/month

2 Days on Market

Highlights

  • Laundry Room
  • Front Yard
  • 1-Story Property

About This Home

As of September 2023

Introducing a rare and lucrative investment opportunity in the heart of Carson! This exceptional duplex offers not only the comfort of spacious living but also the promise of substantial income. Whether you're an investor seeking a high-yield property or a
family looking to supplement your income, this property ticks all the right boxes.

Property Highlights:

Location: Prime location in Carson, offering convenience and accessibility to amenities, schools, and major transportation
routes.

Dual Units: Two well-designed units, each featuring 3 bedrooms and 2 bathrooms, providing ample space for comfortable living.

Garage Bliss: Not one, not two, but three 2-car garages! A car enthusiast's dream or a practical solution for additional storage needs.

Expansive Lot: Set on a generously 9400ft sized lot, this property offers a world of possibilities for outdoor activities, gardening,
or future expansion.

Income Potential: For investors, this property is a golden ticket. The rental income potential from two units is already enticing.

ADU Dream: The pièce de résistance - a 6-car garage that could be transformed into one or even two
Accessory Dwelling Units (ADUs). Imagine the extra income streams!

Whether you're a savvy investor seeking to diversify your portfolio or a family eager to maximize your financial stability, this duplex has what you need. The option to create ADUs only enhances the property's allure, promising an even brighter future for your
investment.

Don't miss out on this remarkable chance to secure your financial freedom and live your real estate dreams. Contact us today to schedule a viewing and explore the potential of this income-generating gem in Carson.

Last Agent to Sell the Property

Keith Brabec

Century 21 Coastal Properties License #01206669 Listed on: 08/19/2023

Century 21 Coastal Properties

Last Buyer's Agent

Keith Brabec

Century 21 Coastal Properties License #01206669 Listed on: 08/19/2023

Century 21 Coastal Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 9,416 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 6 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,988 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tax Lot 113
  • Tax Tract Number 13843
  • Assessor Parcel Number 7329037010
  • $1,477 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Water Sewer Expense $3,000
  • Operating Expense $5,400
  • Gross Income $7,200
  • Net Operating Income $57,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: CARM12U&D*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7329037010
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 490.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 9416.00
  • Lot Size Acres: 0.2162

Multi Family

  • Gross Income: 7200.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 9416.0000 Square Feet
  • Net Operating Income: 57600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 14400.00
  • Operating Expense Percent: 20.00
  • Rent Control: Yes
  • Total Expenses: 5400.00

Tax Info

  • Tax Census Tract: 5437.05
  • Tax Lot: 113
  • Tax Tract Number: 13843
  • TaxOtherAnnualAssessmentAmount: 1477.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2020
Sold by
Morrison John
Bought by
Morrison John H and John H Morrison Trust
Current Estimated Value
$1,045,209

Purchase Details

Closed on
Apr 6, 2009
Sold by
Morrison Carla
Bought by
Morrison John

Purchase Details

Closed on
Apr 9, 2008
Sold by
Morrison Carla
Bought by
Morrison John

Purchase Details

Closed on
Aug 30, 1999
Sold by
Virginia L Umbenhower Trust and Carl L
Bought by
Morrison John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,760
Interest Rate
7.68%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morrison John H -- None Available
Morrison John -- Integrated Title Inc
Morrison John -- None Available
Morrison John $192,000 American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrison John $197,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $975,000 -- $490 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $12,858 $974,100 $672,180 $301,920
2024 $12,858 $955,000 $659,000 $296,000
2023 $4,952 $292,126 $118,174 $173,952
2022 $4,769 $286,399 $115,857 $170,542
2021 $4,648 $280,785 $113,586 $167,199
2019 $4,460 $272,459 $110,218 $162,241
2018 $4,321 $267,117 $108,057 $159,060
2016 $4,148 $256,747 $103,862 $152,885
2015 $4,053 $252,891 $102,302 $150,589
2014 $4,047 $247,939 $100,299 $147,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23155529

California Regional Multiple Listing Service (CRMLS)

APN: 7329-037-010