CA > Carson
Carson, CA 90810,2705 E Monroe ST
Carson, CA 90810,2705 E Monroe ST
Carson, CA 90810,2705 E Monroe ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,075,000
Est. payment /mo
9 Beds
5 Baths
3,796 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,796 sqft

Price per Sqft $283

MLS Listing ID 25583537

Bedrooms 9

HOA Y/N No

Year Built 1959

Lot Size 5,593 Sqft

Property Description

2705 E Monroe St presents a rare opportunity to acquire a five unit apartment building in Carson, CA, offering a desirable mix of four 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, totaling 3,796 rentable square feet on a 5,589 SF lot. Withall units currently on month-to-month leases and significant rental upside potential of approximately 82%, this property offers flexibility for investors seeking value-add opportunities or steady long-term income. Originally constructed in 1959, the property has been well maintained and benefits from recent capital improvements (2024), including a new roof, new gutters, freshly painted exterior, and updated wrought iron railings. Interior updates vary by unit, with recent renovations including new laminate flooring, updated kitchens & bathrooms, fresh interior paint, and new fixtures. Each unit is individually metered for gas and electric, which tenants currently pay for. The current ownership pays for water and trash. At market rents, the property has the potential to generate over $137,000 in annual gross income, with pro forma cap rates projected above 10%. Additional upside exists through further cosmetic upgrades and possible ancillary income opportunities. The property's central location in Carson provides convenient access to major freeways, employment hubs, and the ports of Los Angeles and Long Beach, making it attractive to a wide tenant base. Whether you are seeking to reposition for higher returns or secure a stable, well-located multifamily asset, 2705 E MonroeSt offers a compelling investment with strong fundamentals and substantial growth potential.

Location

State CA

County Los Angeles

Area 140 - East Carson

Zoning CARM25U*

Rooms

Other Rooms Shed(s)

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Attached Carport, Driveway, Gated

Community Features Gated

Total Parking Spaces 10

Building

Story 2

Entry Level Two

Level or Stories Two

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 7308015022

Security Features Gated Community

Special Listing Condition Standard

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CRMLS – RECore
Listed by John McCann Lyon Stahl Investment Real Estate, Inc.

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