320 W 214th St, Carson, CA 90745

320 W 214th St, Carson, CA 90745

Carson, CA

Property Description

Excellent opportunity to purchase four desirable homes on a 20,416 SF lot! This is a quiet pocket of Carson with good proximity to the 110 Fwy, the Beach Cities, and Long Beach. Each home is nicely landscaped with a private yard, a 2-car garage, and additional guest parking. The front house (320) has a spacious layout with 3 bedrooms, 3 bathrooms, a den, and a private front / rear yard. The second home, 322, is a 4-bedroom two-story house, built in 1990, and was recently updated (see virtual tour walk-through). 324 and 324 1/2 are also 4-bedroom 2-story homes built in 1990 with a similar layout. All 4 homes have their own utilities (including water meters) that the tenants pay for. See supplement section for OM, floor plans and survey. Single-family homes in the neighborhood sell for between $750k – $1M! This asset offers a buyer the best of both worlds – a single family style configuration combined with all the benefits of an investment property.

Property Features

  • Sale Price: $2,023,000
  • Area Size: 7,042 Sq. Ft.
  • Land Area: 20,416 Sq. Ft.
  • Year Built: 1990
  • Listing Date: 8/8/2023
  • Closing Date: 9/8/2023
  • Units: 4
  • Current GRM: 13.92
  • Current Cap Rate: 5.12%
  • Price Per Unit: $525,000
  • Market GRM: 12.32
  • Market Cap Rate: 5.86%

Lyon Stahl Investment Real Estate

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