NOT LISTED FOR SALE

539 E 223rd St Carson, CA 90745

Estimated Value: $3,250,000 - $3,256,503

19 Beds
9 Baths
8,547 Sq Ft
$381/Sq Ft Est. Value

Last Sold September 18, 2025

Last sale price $3,250,000 $380 Per Sq Ft

Current estimated payment $19,276/month

89 Days on Market

Highlights

  • 0.65 Acre Lot
  • Laundry Room
  • Wall Furnace
  • Ductless Heating Or Cooling System
  • Paved or Partially Paved Lot
  • 1-Story Property

About This Home

As of September 2025

GREAT FAMILY OFFICE INVESTMENT FOR GENERATIONAL WEALTH.
6.89% CAP RATE WITH JULY 2025 RENT INCREASES...
NET OPERATING INCOME OVER $219,000.....
THAT IS AFTER EXPENSES!

10 units with 2 BD/ 1 BA ___and___

1 Unit with 3 BD/ 1BA. ___

9 of the Units have Garages.
* New Windows throughout
* Electrical Boxes Upgraded
* Roofs have been repaired and/or replaced
* Exterior Paint recently done
* Units have Washer & Dryer Hookups inside
* Lots of Parking
The property is ideally located in the heart of Carson, CA.
The subject Property has excellent proximity to shopping, entertainment districts, and restaurants This community is an attractive destination for vacations, business trips and urban young professionals, making it a unique opportunity for short-and long-term rentals.

Last Agent to Sell the Property

Brent James

RAD Real Estate Management Inc Brokerage Phone: 714-397-3735 License #01441778 Listed on: 05/04/2025

Co-Listed By

Jack Pisciotta

RAD Real Estate Management Inc Brokerage Phone: 714-397-3735 License #01091796

Last Buyer's Agent

Paul Yu

Estate Properties License #00990650

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.65 Acre Lot
  • Two or More Common Walls
  • No Landscaping
  • Paved or Partially Paved Lot

Parking

  • 9 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 8,547 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 2982
  • Assessor Parcel Number 7335014005
  • $3,339 per year additional tax assessments

Community Details

Overview

  • 8 Buildings
  • 11 Units

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $94,042
  • Net Operating Income $233,918

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

9

Listing Details

  • CapRate: 6.90
  • Property Attached: Yes
  • Zoning: CARM25U&D*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7335014005
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 380.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 9.00
  • Total Parking Spaces: 9.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping, Paved
  • Lot Size Sq Ft: 28286.00
  • Lot Size Acres: 0.6494

Multi Family

  • Gross Multiplier: 10.35
  • Gross Scheduled Income: 327960.00
  • Lot Size Area: 28286.0000 Square Feet
  • Net Operating Income: 233918.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 11
  • Operating Expense: 94042.00
  • Rent Control: No
  • Total Expenses: 94042.00

Tax Info

  • Tax Census Tract: 5438.03
  • Tax Lot: 8
  • Tax Tract Number: 2982
  • TaxOtherAnnualAssessmentAmount: 3339.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2025
Closed on
Sep 9, 2025
Sold by
Desmet Living Trust and Jimenez Trust
Bought by
Meganificent Llc
Seller's Agent
Brent James
RAD Real Estate Management Inc
Buyer's Agent
Paul Yu
Estate Properties
List Price
$3,395,000
Sold Price
$3,250,000
Premium/Discount to List
-$145,000
-4.27%
Views
825
Current Estimated Value
$3,253,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,252
Avg. Annual Appreciation
0.37%
Original Mortgage
$1,360,000
Outstanding Balance
$1,358,801
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,894,451

Purchase Details

Closed on
May 23, 2018
Sold by
Hmenez Vicki and Albina Badalich Revocable Trus
Bought by
Desmet Anthony M and Desmet Kathleen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2006
Sold by
Badalich Albina
Bought by
Badalich Albina and Albina Badalich Revocable Trus
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
Meganificent Llc $3,250,000 Orange Coast Title
Desmet Anthony M $1,800,000 Ticor Title Company
Badalich Albina -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meganificent Llc $1,360,000
Previous Owner Desmet Anthony M $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2025 09/18/25 Sold $3,250,000 -1.4% $380 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
06/30/2025 06/30/25 Price Changed $3,295,000 -2.9% $386 / Sq Ft
05/04/2025 05/04/25 For Sale $3,395,000 -- $397 / Sq Ft
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 $26,769 $2,012,108 $870,688 $1,141,420
2024 $26,769 $1,972,656 $853,616 $1,119,040
2023 $26,313 $1,933,978 $836,879 $1,097,099
2022 $25,097 $1,896,058 $820,470 $1,075,588
2021 $24,801 $1,855,020 $824,453 $1,030,567
2020 $24,995 $1,836,000 $816,000 $1,020,000
2019 $24,044 $1,800,000 $800,000 $1,000,000
2018 $5,843 $275,336 $91,981 $183,355
2016 $5,428 $264,646 $88,410 $176,236
2015 $5,324 $260,671 $87,082 $173,589
2014 $5,339 $255,566 $85,377 $170,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25098948

California Regional Multiple Listing Service (CRMLS)

APN: 7335-014-005