$2,500,000
$2,595,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
6,699 Sqft Lot
SOLD DATE : 10/29/2021
Key Details
Sold Price $2,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21755676
Sold Date 10/29/21
HOA Y/N No
Year Built 1969
Lot Size 6,699 Sqft
Property Description
$200,000 Price Reduction. Motivated sellers. Property is located in the coveted city El Segundo. The two buildings are comprised of two (2) 1 bed/1 bath units, one (1) 2 bed/1 bath unit, one (1) 2 bed/1.5 bath townhome, and one (1) 3 bed/2 bath unit with 5,012 rentable sq ft on a 6,700 sq ft lot. With an annual income of approximately $152,000, the property is being offered at above market averages for cap rate and GRM. New roofs were installed in 2019, and much of the plumbing and sewer lines have been replaced. Each unit is individually metered for gas and electric. There is an onsite laundry facility with owner owned machines. Walking distance to El Segundo High School and downtown El Segundo, with an abundance of shops and restaurants. Close proximity to the beach and 105, 405, 10 and 110 freeways. El Segundo is home to more Fortune 500 companies than any other city outside of San Francisco.
Location
State CA
County Los Angeles
Area 141 - El Segundo
Zoning ESR3YY
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Garage Carport
Carport Spaces 6
Parking Type Carport
Total Parking Spaces 6
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 4132018003
Special Listing Condition Standard
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Bought with Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "