$3,076,750
$3,500,000
12.1%For more information regarding the value of a property, please contact us for a free consultation.
5,719 Sqft Lot
SOLD DATE : 09/08/2023
Key Details
Sold Price $3,076,750
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23089126
Sold Date 09/08/23
HOA Y/N No
Year Built 1987
Lot Size 5,719 Sqft
Property Description
Prime 5 unit building located in the heart of the coastal community of El Segundo. This investment opportunity checks all of the boxes: Located next to Recreation Park, all 2 bedroom, 2 bathroom units with open kitchens, fireplaces and balconies, walk to downtown, quiet neighborhood, lots of parking (10- 1 car garages), newer building (1987 built), onsite laundry, No Local Rent Control - Defaults to AB 1482. Recently upgraded on the exterior, this Cape Cod Style property screams the California Beach Life. All units are in great shape with one of the units just having completed a remodel with upside potential for the 4 additional units. Located in a very quiet location close to downtown El Segundo, all major freeways, LAX and Manhattan Beach. Award winning schools. You will not find a better building in all of the South Bay. This is a very unique offering.
Location
State CA
County Los Angeles
Area 141 - El Segundo
Zoning ESR3*
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Cooling None
Flooring Carpet
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Disposal, Refrigerator
Laundry Laundry Room
Exterior
Garage Assigned
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Street Lights, Park
Parking Type Assigned
Total Parking Spaces 10
Private Pool No
Building
Lot Description Near Park
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4135016004
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional,Trade
Special Listing Condition Standard
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Bought with William Joseph • Joseph Group
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Broker Associate | Lic# 01905244