Future Residential Development Site Sold At 3200 Carson Street With Seller's Rep Cushman & Wakefield
SOLD
+ 3
California
See Similar DealsDevelopment Site215,186 SF
Sold 12/19/2025
SOLD
Future Residential Development Site Sold At 3200 Carson Street With Seller's Rep Cushman & Wakefield
3200 Carson Street
See Similar DealsDevelopment Site215,186 SF
Sold 12/19/2025
+ 3
Summary
CALIFORNIA
Asset Type:Development Site
Total Square Footage:215,186 SF
Transaction Type:Sale
The property asset involved in this transaction is a future residential development site located at 3200 Carson Street within the Lakewood market. The site encompasses a total area of 215,186 square feet.
Summary of transaction details:
- Property Type: Future Residential Development Site
- Transaction Amount: Not specified
- Address: 3200 Carson Street
- Market: Lakewood
- Asset Size: 215,186 SF
- Seller's Representation: Daniel Rasmussen, Brian Hetherington, Mike Condon Jr., Erica Fink, Reid Gratsch & Kylie Rawn - Cushman & Wakefield
- Transaction Date: 12/19/2025
The key individuals involved in the deal include Daniel Rasmussen, Brian Hetherington, Mike Condon Jr., Erica Fink, Reid Gratsch, and Kylie Rawn, who all represented the seller through Cushman & Wakefield during the transaction process.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$965,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$64,305.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$85,803.23
Annual Debt Service$1,029,638.81
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