2705 E Monroe Street, Carson, CA 90810
Local realty services provided by:ERA North Orange County Real Estate
2705 E Monroe Street,Carson, CA 90810
$1,075,000
- 9 Beds
- 5 Baths
- 3,796 sq. ft.
- Multi-family
- Active
Listed by:john mccann
Office:lyon stahl investment real estate, inc.
MLS#:25583537
Source:CRMLS
Price summary
- Price:$1,075,000
- Price per sq. ft.:$283.19
About this home
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.
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Home facts
- Year built:1959
- Listing ID #:25583537
- Added:36 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:5
- Living area:3,796 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1959
- Building area:3,796 sq. ft.
- Lot area:0.13 Acres
Finances and disclosures
- Price:$1,075,000
- Price per sq. ft.:$283.19
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