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539 E 182nd Street Carson, CA 90746

3 Beds 1 Baths 986 sqft Built 1953

$560,000

List Price

$2,600

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

February 03, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1953
  • Price/Sqft : $567.95
  • 6 Days on Market
  • MLS # : DW21022063
  • Updated Date : 02/04/2021 at 11:16
CONSTRUCTION
  • Beds : 3
  • Floor Size : 986 sqft
  • Baths : 1 full
Listing Agent

Realty World California Proper

Listing Agent's Description

This home is ready for you. Highly desirable neighborhood in a very convenient location. Close to the 91, 110 and 405 freeways, shopping, and public transportation. Close to Cal State Dominguez Hills, Dignity Sports Park, short jaunt to LAX

SEE MORE

MARKET HIGHLIGHTS

  • Headquarters to several Fortune 500 companies: Amgen, Farmers Insurance, Walt Disney, Avery Dennison, Activision Blizzard, CBRE Group, Edison International, Molina Healthcare, First American Financial, Pacific Life, Qualcomm and Sempra Energy (Fortune, 2018)
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 2018)
  • The area has major technology nodes of excellence: Los Angeles (Media and entertainment); Pasadena (High-tech engineering, data analytics); Riverside (Agtech, transportation/ distribution); San Diego (Healthcare, biotech, wireless communications); Irvine (Medtech, cyber security); El Segundo (Aerospace and defense IT, space transport) [BCG, 2018]
  • As part of Southern California area, Los Angeles market inherits all the benefits from the area.
  • Los Angeles has been awarded the 2028 Olympics under a funding commitment of $88 billion to upgrade the transportation infrastructure connecting disparate pockets of the metro area. This is expected to produce additional employment in the coming years. (BCG, 2018)
  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 2018)
  • Southern California produces more technology PhDs per year than any other region in the country and many of the higher educated students stay within Souther California contributing to readily available workforce skills making the area more attractive than Silicon Valley (BCG, 2018)
  • Southern California has 58.7% labor force participation rate; within this area, Los Angeles metro has 62.3% labor force participation rate (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: North Carson

NeighborhoodNIR Market*CityMarket2010Year20002019200k250k300k350k400k450k500k550k600kPrice in $174k622k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: North Carson

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q216001800200022002400260028003000Rent in $14553104

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Towne Avenue Elementary School Primary Regular 348 14 6
Glenn Hammond Curtiss Middle School Middle Regular 581 30 5
Glenn Hammond Curtiss Middle School Middle Unknown NA

Towne Avenue Elementary School

  • Education Level: Primary
  • # of students: 348
  • # of teachers: 14
6
GreatSchools Rating

Glenn Hammond Curtiss Middle School

  • Education Level: Middle
  • # of students: 581
  • # of teachers: 30
5
GreatSchools Rating

Glenn Hammond Curtiss Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$504,000$616,000$560,000

PURCHASE PRICE

$2,340$2,860$2,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,600
EXPENSES Loan Payment -$1,945
Property Tax -$629
Property Insurance -$51
Property Management Fees -$127
CASH FLOW
-$153

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$560,000

PROJECTED PRICE

$2,600

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.48%
Appreciation Year (1-5) 7.4%
Maintenance Year (1-5) 8.00%
Vacancy 4.69%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$154,150

INVESTMENT

$154,150

Down Payment
$140,000
Rehab Estimate
$5,750
Closing Costs
$8,400

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,945

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $140,000
Loan Amount $420,000
See What Happens When You Reinvest Cash Flow

4.92

YEARS SAVED

$28,421

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,600

    LIST RENT
  • $2.64

    LIST RENT PER SQFT
  • $2,669

    COMP ESTIMATED VALUE
  • $2.71

    COMP AVG. RENT PER SQFT
Comps Range
$2,600
1$2,6002$2,6953$2,9004$4,500
$4,500
RENT COMPS ANALYSIS
  • 539 E 182nd Street Carson, CA 1
    • 3 beds 1 baths ∙ 986 Sqft ∙ Built 1953 3 beds 1 baths ∙ 986 Sqft ∙ Built 1953
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $2.64
    •  
  • 15814 S Visalia Avenue Compton, CA 2
    • 3 beds 2 baths ∙ 1,175 Sqft ∙ Built 1953 3 beds 2 baths ∙ 1,175 Sqft ∙ Built 1953
    property image
    LEASED 10/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,695
    • $2.29
    •  
  • 2713 W 154th Street Compton, CA 3
    • 4 beds 2 baths ∙ 1,320 Sqft ∙ Built 1960 4 beds 2 baths ∙ 1,320 Sqft ∙ Built 1960
    property image
    LEASED 06/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $2.20
    •  
  • 413 E Darlan Street Gardena, CA 4
    • 3 beds 2 baths ∙ 1,241 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,241 Sqft ∙ Built 1960
    property image
    LEASED 01/22/21
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $3.63
    •  
PROPERTY LISTING DETAILS
Mary Bazan
Realty World California Proper
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: DW21022063
Last Updated: 02/04/2021
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