NOT LISTED FOR SALE

1042 E Imperial Ave El Segundo, CA 90245

8 Beds
6 Baths
4,000 Sq Ft
7,127 Sq Ft Lot

Last Sold December 29, 2016

Last sale price $1,835,000 $459 Per Sq Ft

209 Days on Market

Highlights

  • Private Yard
  • No HOA
  • 7 Car Garage
  • Center Street Elementary Rated A+
  • Laundry Room

About This Home

As of December 2016

Incredibly Rare 6 Unit Building on a Large Corner Lot. All units face Center Street. 7 Enclosed Garages! Airport Residential Sound Insulation was completed approximately 5 years ago (New Doors, Windows, Insulation, etc. Over $150,000 in Upgrades). Across from Greenbelt and short walk to Schools and Shopping.

Last Listed By

Bill Ruane

Estate Properties License #00972400 Listed on: 03/21/2016

Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,127 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 7 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 4,000 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 82
  • Tax Tract Number 15692
  • Assessor Parcel Number 4133032015

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
  • Electric Expense $48
  • Gardener Expense $2,400
  • Insurance Expense $1,961
  • Trash Expense $2,400
  • Water Sewer Expense $1,753
  • New Taxes Expense $22,200
  • Gross Income $10,500
  • Net Operating Income $80,766

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

7

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1753.00
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 4133032015
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 458.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7127.00
  • Price Per Lot Square Foot: 259.58
  • Lot Size Acres: 0.1640

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 48.00
  • Gross Income: 10500.00
  • Gross Scheduled Income: 111748.00
  • Insurance Expense: 1961.00
  • Lot Size Area: 7127.0000 Square Feet
  • Net Operating Income: 80766.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 30982.00
  • Rent Control: No
  • Total Actual Rent: 10500.00

Tax Info

  • New Taxes Expense: 22200.00
  • Tax Lot: 82
  • Tax Tract Number: 15692

Range of Values:

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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
12/29/2016 12/29/16 Sold $1,835,000 -0.8% $459 / Sq Ft
03/04/2016 03/04/16 For Sale $1,850,000 -- $463 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16047553

California Regional Multiple Listing Service (CRMLS)