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Previous Description:
THIS PROPERTY RECEIVED AN APPRAISAL AT $770,000 ON 11-21-22 -- Situated on the hard corner of Sante Fe and Van Buren, 2766 E Van Buren in Carson is a 3 unit property consisting of one 1,814 SF structure that sits on a 3,900 SF lot zoned CARM25U with direct alleyway access and an attached 3 car garage, which could potentially be converted* into an ADU 4th unit (*buyer must verify). The property consists of one 2-bedroom/ 1-bathroom unit and two 1-bedroom/ 1-bathroom units. Currently grossing $55,044 per year, this offering is been delivered at a 5.24% current cap rate. Additionally, an investor could benefit from the potential of over 15% of rental upside. This property has been professionally managed. Within the last year, the roof has been completely re-done. This asset is situated off of I-710; steps across the street from Dominguez Elementary School and Rancho Dominguez Preparatory School; and 10 minutes away from the Bella Vita Project, a 65 multi-family mixed use project; this project will provide affordable housing for seniors and public retail opportunities for the residents of Carson.
Updated Description:
THIS PROPERTY RECEIVED AN APPRAISAL AT $770,000 ON 11-21-22 -- Situated on the hard corner of Sante Fe and Van Buren, 2766 E Van Buren in Carson is a 3 unit property consisting of one 1,814 SF structure that sits on a 3,900 SF lot zoned CARM25U with direct alleyway access and an attached 3 car garage, which could potentially be converted* into an ADU 4th unit (*buyer must verify). The property consists of one 2-bedroom/ 1-bathroom unit and two 1-bedroom/ 1-bathroom units. Currently grossing $55,044 per year, this offering is been delivered at a 5.24% current cap rate. Additionally, an investor could benefit from the potential of over 15% of rental upside. This property has been professionally managed. Within the last year, the roof has been completely re-done. This asset is situated off of I-710; steps across the street from Dominguez Elementary School and Rancho Dominguez Preparatory School; and 10 minutes away from the Bella Vita Project, a 65 multi-family mixed use project; this project will provide affordable housing for seniors and public retail opportunities for the residents of Carson.
