$5,288,000
SOLD APR 18, 2025

440 E Sepulveda Blvd Carson, CA 90745

7 Beds
5 Baths
9,010 Sq Ft
0.43 Acres

Recently Sold

$587 Per Sq Ft

4% Below List Price

53 Days on Market

Highlights

  • 0.43 Acre Lot
  • Laundry Room
  • Dog Park
  • Home Security System
  • 22 Car Garage

About This Home

As of April 2025

Built in 2016, this NON RENT CONTROLLED multi-family asset is an 11-unit complex that is well designed and modernly constructed. All the units come with in-unit washer/dryer, private parking spaces and garages, private storage, HVAC units, etc etc. The average size of the mainly 2 bedroom units is approx. 820 Sq Ft., include wooden floors, carpeted bedrooms, dual-pane windows, GE appliances fully equipped with quartz countertops. Located in the heart of Carson, CA, a city that is a hub for diverse industries including Logistics, Warehousing & Manufacturing, including Oil and Refining. Additionally, the property is in excellent proximity to shopping, entertainment districts and restaurants.
If you're an investor that's tired of the government dictating what your building can acquire for rent, then this is the property for you! With a rent increase allowed in January of 2025, buyer will have option of increasing rent by up to 9%. With a moderate increase of only 4%, there is a 32% upside in rents. The units are individually sub-metered for water and sewer. All the tenants pay for all the utilities including trash. AS CLOSE TO NNN FOR APARTMENT BLDG AS THERE IS.

Last Agent to Sell the Property

Hazel Brown

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-430-2520 License #02233726 Listed on: 12/16/2024

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Wilfredo Paguio

CSB REALTY License #01966797

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 0.43 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 22 Car Garage
  • Carport
  • Parking Available

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 9,010 Sq Ft Home
  • 2-Story Property
  • Home Security System

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Listing and Financial Details

  • Legal Lot and Block 29 / 2
  • Tax Tract Number 543
  • Assessor Parcel Number 7406013024
  • $3,757 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 4 Buildings
  • 11 Units

Recreation

  • Dog Park

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 11 Separate Water Meters
  • Operating Expense $94,712
  • Gross Income $309,600
  • Net Operating Income $205,600

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0

Parking

22

Listing Details

  • Property Attached: Yes
  • Security: Security System
  • Zoning: CAMU-SB*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7406013024
  • Year Built: 2016
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 586.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 22.00
  • Parking: Yes
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 22.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Dog Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18599.00
  • Lot Size Acres: 0.4270

Multi Family

  • Gross Income: 309600.00
  • Gross Scheduled Income: 309600.00
  • Lot Size Area: 18599.0000 Square Feet
  • Net Operating Income: 205600.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 11
  • Number Of Units Total: 11
  • Operating Expense: 94712.00
  • Rent Control: No
  • Total Expenses: 94712.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 5437.03
  • Tax Lot: 29
  • Tax Tract Number: 543...
  • TaxOtherAnnualAssessmentAmount: 3757.00

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2025 04/18/25 Sold $5,288,000 -3.9% $587 / Sq Ft
02/12/2025 02/12/25 For Sale $5,500,000 0.0% $610 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
12/16/2024 12/16/24 For Sale $5,500,000 +31.0% $610 / Sq Ft
03/13/2018 03/13/18 Sold $4,200,000 0.0% $475 / Sq Ft View Prior Sale
02/03/2018 02/03/18 For Sale $4,200,000 +766.0% $475 / Sq Ft
06/20/2014 06/20/14 Sold $485,000 0.0% -- View Prior Sale
01/03/2014 01/03/14 Pending -- -- --
09/26/2013 09/26/13 For Sale $485,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24250328

California Regional Multiple Listing Service (CRMLS)