NOT LISTED FOR SALE

1208 E Imperial Ave El Segundo, CA 90245

8 Beds
6 Baths
4,459 Sq Ft
8,007 Sq Ft Lot

Last Sold October 04, 2017

Last sale price $2,260,000 $507 Per Sq Ft

9 Days on Market

About This Home

As of October 2017

-Non-Rent Controlled Beach City Apartment -Repositioning Opportunity with 31% in Rental Upside -Located East of Main Street - Less than 2- Miles from the Pacific Ocean -Close Proximity to Retail Shops, Entertainment, Restaurants, Schools, Parks, and the Beach -Strong Capitalization on Future Income with Strong Year-to-Year Appreciation

Last Agent to Sell the Property

Gianluca Jacoli

Shield CRE, Inc. License #01938297 Listed on: 07/17/2017

Co-Listed By

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803

Last Buyer's Agent

Debbie Miura

License #01052457

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 8,007 Sq Ft Lot

Interior Spaces

  • 4,459 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Community Details

  • 6 Units
  • Vacancy Allowance $3,204

Listing and Financial Details

  • Assessor Parcel Number 4139-011-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4459
  • Price Per Unit: 391667.00
  • Stories: 2
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 527.02

Exterior Features

  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • View: No

Garage/Parking

  • Carport Spaces: 6
  • Covered Parking: 6
  • Parking Garage: Carport
  • Total Parking: 6

Utilities

  • Number Electric Meters: 6
  • Number Gas Meters: 6
  • Water Expense: 4200.00

Fee Information

  • Insurance Expense: 1873.00
  • Maintenance Expense: 1800.00
  • Other Expense: 1200.00

Lot Info

  • Assessed Improvement Value: 267207
  • Assessed Land Value: 218506
  • Assessor Parcel Number: 4139-011-022
  • Geocode Override: No
  • Lot Size Area: 8007

Rental Info

  • Total Actual Rent: 106200.00
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 22.13
  • Number Of Units: 6
  • Rent Control: 0
  • Type Of Units: 2 Bdr, 1 Bdr
  • Vacancy Allow: 3204
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Expense: 29375.00
  • Tax Percent: 1.25
  • Tax Total: 29375.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
10/04/2017 10/04/17 Sold $2,260,000 -3.8% $507 / Sq Ft
07/17/2017 07/17/17 For Sale $2,350,000 -- $527 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-252074

The MLS