$1,530,000
SOLD FEB 13, 2015

1026 E Imperial Ave El Segundo, CA 90245

8 Beds
6 Baths
5,002 Sq Ft
6,166 Sq Ft Lot

Recently Sold

$306 Per Sq Ft

4% Below List Price

102 Days on Market

Highlights

  • Traditional Architecture
  • Private Yard
  • Neighborhood Views
  • Center Street Elementary Rated A+
  • No HOA
  • Laundry Room

About This Home

As of February 2015

This is a great opportunity to buy an income property in a PRIME location. This 6 unit property is located West of Sepuleda near downtown El Segundo. This property has two 2 bed units, and four 1 bed units, all of which are all very spacious with recent upgrades to several of the units with new carpeting and paint! All new triple pane windows throughout and doors done by the residential sound proofing program. Most of the units have new kitchen floors, Granite countertops, and new appliances. Bathrooms features in most include new floors and toilets; Plumbing is copper! There are 6 garages located in the front with street parking (ample parking spaces). Very attractive rental market. El Segundo Schools; Very convenient location for almost any work location.

Last Agent to Sell the Property

Nick Peters

Real Brokerage Technologies License #00880972 Listed on: 07/17/2014

Real Brokerage Technologies

Co-Listed By

Christopher McLemore

Engel & Völkers LA-South Bay License #01803449

Last Buyer's Agent

Brian Estes

Re/Max Commercial & Investment License #01394559

Re/Max Commercial & Investment

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,166 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Private Yard
  • Lawn
  • Garden
  • Front Yard

Parking

  • 6 Car Garage
  • Parking Available
  • Garage Door Opener
  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,002 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Panel Doors
  • Neighborhood Views
  • Fire and Smoke Detector
  • Disposal
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 86
  • Tax Tract Number 15692
  • Assessor Parcel Number 4133032019

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $438
  • Gardener Expense $700
  • Insurance Expense $2,250
  • Maintenance Expense $3,900
  • Pest Control $400
  • Professional Management Expense $5,640
  • Trash Expense $60
  • Water Sewer Expense $1,338
  • New Taxes Expense $19,188
  • Gross Income $7,925
  • Net Operating Income $59,033

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

6

Listing Details

  • CapRate: 3.70
  • Professional Management Expense: 5640.00
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1338.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 700.00
  • Parcel Number: 4133032019
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Panel Doors
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 305.88
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Pest Control Expense: 400.00
  • Trash Expense: 60.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Lot Features: Front Yard, Garden, Lawn, Yard
  • Lot Size Sq Ft: 6166.00
  • Lot Size Acres: 0.1420

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 750
  • Average2 Bed Area: 1000
  • Electric Expense: 438.00
  • Gross Income: 7925.00
  • Gross Multiplier: 16.86
  • Gross Scheduled Income: 94800.00
  • Insurance Expense: 2250.00
  • Lot Size Area: 6166.0000 Square Feet
  • Maintenance Expense: 3900.00
  • Net Operating Income: 59033.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Carpet: 6
  • Number With Disposal: 6
  • Number With Drapes: 5
  • Number With Range: 6
  • Number With Refrigerator: 4
  • Operating Expense: 35767.00
  • Rent Control: No
  • Total Actual Rent: 7900.00

Tax Info

  • New Taxes Expense: 19188.00
  • Tax Lot: 86
  • Tax Tract Number: 15692
  • Tax Year: 2013

Similar Home in El Segundo, CA

  • 412 Richmond St, El Segundo, CA 90245

    $1,775,000

    • 3 Beds
    • 3 Baths
    • 1,680 Sq Ft
    • 412 Richmond St
    • El Segundo, CA

    Charming Coastal Triplex in Prime El Segundo LocationWelcome to a rare opportunity in the heart of El Segundo—this beautifully maintained Triplex is nestled on one of the most desirable and picturesque streets in town. Just steps from vibrant shops, top-rated restaurants, award winning schools, lush parks, and the stunning local beaches, this property offers the ultimate in convenience

    Alex Abad Tower-60

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Rented $1,700 0.0% --
04/05/2021 04/05/21 Off Market $1,700 -- --
04/01/2021 04/01/21 For Rent $1,700 0.0% --
03/31/2021 03/31/21 Off Market $1,700 -- --
09/23/2020 09/23/20 Price Changed $1,700 -4.2% $2 / Sq Ft
07/26/2020 07/26/20 For Rent $1,775 0.0% --
07/02/2020 07/02/20 Off Market $1,775 -- --
07/01/2020 07/01/20 For Rent $1,775 0.0% --
06/15/2020 06/15/20 Off Market $1,775 -- --
06/15/2020 06/15/20 For Rent $1,775 0.0% --
02/13/2015 02/13/15 Sold $1,530,000 -4.3% $306 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
07/17/2014 07/17/14 For Sale $1,599,000 +45.4% $320 / Sq Ft
09/19/2012 09/19/12 Sold $1,100,000 0.0% $220 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $1,100,000 -- $220 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14151824

California Regional Multiple Listing Service (CRMLS)