Thank you
Robert Freedman
DOMO Real Estate
310-251-7725
Located on a beautiful, tree-lined street in an idyllic location, this 7-unit walk-up apartment building is surrounded by well maintained apartments, townhomes, condominiums and single family homes, and offers an amazing opportunity for investment in one of the most highly sought after suburbs in Los Angeles. Built in 1978 by the family that still owns it, and meticulously maintains it, this is the first time this building has been on the market. There is 6,640 square feet of living space on a 50 X 143 Street to alley lot with 9 private garages (garages have been earthquake retrofit) and an additional 4 tandem parking spaces. This location in El Segundo is ideal, because it’s far away from any detrimental factors yet in close proximity to the downtown restaurants, the beach, employment hubs and transportation. All of the units offer two bedrooms, and most offer more than one bath. All but one of the units have been substantially refurbished, and the building itself has been lovingly maintained, including lush landscaping that gives the courtyard a welcoming, homey feel. 5 of the units are flats, and two are townhome style. 6 of the 7 units have fireplaces! All units have individual hot water heaters. There is a spacious on-site laundry for the units to share, and the building has been recently painted, replumbed, reroofed, and has new windows. The rents are mostly balanced, but there is still some upside. The building is professionally managed by First Light Property Management, a trusted name in local management for over 15 years. This is a property that you will be proud to own.
Sell a home like this and save $221,201 Find Out How
Water Source : Public
Sewer : Public Sewer
Property Appliances: Dishwasher,Disposal,Gas Oven,Gas Range
Fireplace: None
None
Air Conditioning
Forced Air
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1978
Building Area Total: 6,640
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1643
Lot Size Source: Assessor
Lot Size Square Feet: 7155
Original List Price: 3,695,000
Listing Contract Date: 2024-03-12
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4136018050
Lease Term: Negotiable
Tenant Pays: All Utilities,See Remarks
Source Listing Status: Active
Source Neighborhood: 141 - El Segundo
Postal Code Plus 4: 2977
Directions: Vista del Mar to Grand, east to Virginia, north to address
Zoning: ESR3YY
Source Property Type: Residential Income
Area: 141 - El Segundo
Property SubType: Apartment
Property Age: 46
Common Walls: No Common Walls
Structure Type: Apartment
Year Built Source: Assessor
Entry Level: 1
Entry Location: walk up
Levels or Stories: Three Or More
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
955 Virginia Street, El Segundo, CA,90245 | $2,500,000 | 6 | 5 | 3,550 | 6300 Sqft |
714 W Mariposa Avenue, El Segundo, CA,90245 | $2,895,000 | 5 | 3 | 2,708 | 11654 Sqft |
301 Kansas Street #A, El Segundo, CA,90245 | $1,398,000 | 4 | 4 | 2,080 | 69309 Sqft |
128 Virginia Street, El Segundo, CA,90245 | $2,475,000 | -- | -- | 3,280 | 5725 Sqft |
913 Dune Street, El Segundo, CA,90245 | $1,850,000 | 4 | 1 | 2,326 | 5007 Sqft |
731 Indiana Court, El Segundo, CA,90245 | $2,500,000 | 9 | 5 | 3,399 | 8979 Sqft |
535 E Mariposa Avenue, El Segundo, CA,90245 | $2,295,000 | 3 | 2 | 2,283 | 8711 Sqft |
423 Concord Street, El Segundo, CA,90245 | $1,899,000 | 3 | 1 | 1,579 | 5721 Sqft |
412 W Grand Avenue #3, El Segundo, CA,90245 | $1,699,000 | 4 | 3 | 2,340 | 6225 Sqft |
221 Concord Street, El Segundo, CA,90245 | $3,950,000 | -- | -- | 7,824 | 5726 Sqft |
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
ByOwner last updated this listing 04/28/2024 @ 09:19
MLS: SB24049689
LISTED BY: Robert Freedman, DOMO Real Estate
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.