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$2200000   Price Analysis
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229 E 219th St
Carson, CA 90745
12 bed 8 bath 5416 SqFt ($406/SqFt)
0.46 acre lot. Built 1952
Listed 2024-05-01, Taxes $7312
Ⓧ USDA Ineligible
due to price & location

near Carson

Offers due by May 17th!

* Has Contingent Offer *

8 homes on a large 19, 846 sqft corner lot. 229 E 219th St can be delivered fully vacant at close of escrow for a buyer to ether renovate the existing homes, demolish and rebuild townhomes, apartments or create a small lot subdivision for homes.

The unit mix is comprised of (4) 2-Bed/1- Bath and (4) 1-Bed/1-Bath units. Each unit has a priv ate yard. 229 E 219th St is located off Main St and Carson St, which is conveniently situated near the 110 and 405 freeways giving any tenants or future owners easy access to get around the city. Upon stabilization, the property will operate at a 8.00% CAP and 8.86 GRM.


Presented by Cameron Samimi at
Lyon Stahl Investment Re, Inc.


Property MLS #SB24086084 from CRMLS

Bedrooms: 12

Laundry Features: Inside

Full Bathrooms: 8

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.4556
Lot Size Source: Assessor
Lot Size Square Feet: 19846

Garage Spaces: 6
Parking Total: 6

Number of Units: 8
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-8: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1

Rent Control: Yes

Community Features: Urban

Source Listing Status: Active Under Contract
County: Los Angeles
Cap Rate: 8.00
Source Property Type: Residential Income
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Number of Separate Water Meters: 1
Parcel Number: 7335003034
Zoning: CARM12U&D
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$128202 + $79657
$207859
$7312
2021$125689 + $78096
$203785
$7178
2020$124401 + $77296
$201697
$6964
2019$121962 + $75781
$197743
$6831
2018$119571 + $74296
$193867
$4786
2017$117227 + $72840
$190067
$4658
2016$114929 + $71412
$186341
$4418
2015$113203 + $70340
$183543
$4330
2014$110986 + $68963
$179949
$4341
2013$110485 + $68652
$179137
$4270
2012$108319 + $67306
$175625
$3947
2010$106196 + $65987
$172183
$3870
2009$105654 + $65650
$171304
$3705
2009$105403 + $65494
$170897
$3705
2008$103583 + $64363
$167946
$3549
2007$101552 + $63101
$164653
$3364

Listed 2024-05-01
$2200000
CRMLS

Net Operating Income: 176004.00

Total Square Feet Living: 5416
Year Built: 1952
Building Features: 8
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 72
Property Attached: Yes
Building Total Stories: 1
Structure Type: Apartment
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Carson Street Elementary School is a public elementary school located approximately 0.3 miles away.
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Carson Senior High School is a public high school located approximately 0.4 miles away.
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Stephen M. White Middle School is a public middle school located approximately 0.7 miles away.
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St. Philomena Elementary School is a private elementary and middle school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.