El Segundo, CA 90245,526 Illinois ST
El Segundo, CA 90245,526 Illinois ST
El Segundo, CA 90245,526 Illinois ST
El Segundo, CA 90245,526 Illinois ST
El Segundo, CA 90245,526 Illinois ST
El Segundo, CA 90245,526 Illinois ST
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$3,950,000

$3,995,000

1.1%
Est.Price: ?

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Est. payment /mo

6,960 Sqft Lot


SOLD DATE : 04/26/2022

Key Details

Sold Price $3,950,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 21108341

Sold Date 04/26/22

HOA Y/N No

Year Built 1988

Lot Size 6,960 Sqft

Property Description

REDUCED PRICE: $3,995,000 (motivated seller). Matthews is pleased to present 526 Illinois Street, a 7,635 square foot, 6-unit apartment building located in El Segundo. Built-in 1988, this condo-quality asset sits on an R3-zoned, 6,962 square foot lot located just 1.5 miles from the Pacific Ocean. The building is comprised of two-story townhome units: (3)two-bed/two-bath, (2) three-bed/two-bath, and (1) oversized studio units (non-conforming). The property offers tenants a gated, subterranean parking garage with 11 spaces total, as well as a washer/dryer and individual waters heaters in each unit. All units have been fully upgraded and include a balcony, private patio, fireplace, and office. Additionally, the exterior has been fully remodeled, and the roof is only around 5 years old. With strong in-place rents, 526 Illinois offers investors cash-flowing trophy assets in a truly irreplaceable South Bay Los Angeles location. ***5 UNITS PLUS 1 NON-CONFORMING STUDIO UNIT

Location

State CA

County Los Angeles

Area 141 - El Segundo

Zoning ESR3YY

Interior

Heating None

Cooling None

Fireplace No

Exterior

Garage Garage

Garage Spaces 11.0

Garage Description 11.0

Parking Type Garage

Total Parking Spaces 11

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 4139025050

Special Listing Condition Standard

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Justin & Jessica Bouzane

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California Regional MLS (CRMLS)
Listed by Daniel Withers • Matthews Real Estate Investment Services
Bought with Daniel Withers • Matthews Real Estate Investment Services

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Justin & Jessica Bouzane

Broker Associate | Lic# 01905244

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