118 Virginia St El Segundo, CA 90245
Estimated payment $19,727/month
Highlights
- Above Ground Spa
- No HOA
- Laundry Room
- Richmond Street Elementary School Rated A
- Cooling Available
- 1-minute walk to Candy Cane Park
About This Home
Welcome to 118 Virginia in El Segundo, a well-maintained 5-unit property offering a fantastic blend of modern updates and convenience. The front unit features a spacious 3-bedroom, 3-bathroom layout with in-unit laundry, a large kitchen, and a cozy fireplace in the living room, making it perfect for comfortable living. Another vacant unit is a beautifully updated 2-bedroom, 1.5-bathroom space. Residents enjoy six garage spaces, with an additional shared washer and dryer for convenience. The property also boasts a relaxing hot tub, providing a great spot to unwind. This 5-plex is ideally situated in a great location within El Segundo, providing easy access to shopping, dining, parks, and entertainment. With quick connections to major highways and public transportation, commuting is effortless. With its prime location, strong rental potential, and appealing mix of unit sizes and amenities, this property offers investors an excellent opportunity to acquire a well-maintained income-producing asset in one of the most sought-after neighborhoods in El Segundo.
Last Listed By
Estate Properties Brokerage Phone: 310-877-2374 License #00972400 Listed on: 01/22/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 7,153 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 6 Car Garage
- Parking Available
- Assigned Parking
Interior Spaces
- 5,280 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 11 Bedrooms
- 11 Bathrooms
Outdoor Features
- Above Ground Spa
- Exterior Lighting
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Legal Lot and Block 8 / 13
- Assessor Parcel Number 4136028010
- $980 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- 4 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $270
- Fuel Expense $150
- Gardener Expense $250
- Insurance Expense $352
- Professional Management Expense $350
- Trash Expense $330
- Water Sewer Expense $500
- Operating Expense $96,441
- Gross Income $228,600
- Net Operating Income $88,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | Price Changed | $2,995,000 | -9.2% | $567 / Sq Ft |
| 01/22/2025 01/22/25 | For Sale | $3,300,000 | -- | $625 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25014171
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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