NOT LISTED FOR SALE

209 Penn St El Segundo, CA 90245

8 Beds
5 Baths
4,044 Sq Ft
7,151 Sq Ft Lot Lot

Sale Details

Date Sold: April 29, 2016

Last sale price $2,020,000 $500 Per Sq Ft

51 Days on Market

Highlights

  • Lawn
  • Landscaped
  • Wall Furnace
  • Center Street Elementary Rated A+
  • Level Lot

About This Home

As of April 2016

This 5 unit is located in a quiet area of El Segundo being used as a 6 unit.. Tax rolls list this as a 5 unit with 5 bathrooms. Rents are very low with long term tenants. There are separate meters for 5 of the units and the owner pays the gas for the unfurnished bachelor unit. The property is well maintained with auto lights and sprinkler system. There are 5 separate storage units in the garage area also an outside washer and dryer (owned and maintained by a vendor). There are 5 coverd parking areas in the rear of the building. The front building has 4 units all with front and back doors. Each of these units has room for a BBQ. There are 2 units above the parking garage, a 2 bedroom and a bachalor with a outdoor patio-landing.The interior inspection is dependent upon an accepted offer.
This is a good hold for someone who is starting out and wants an investment with a limited amount of maintenance.

Last Agent to Sell the Property

WALTER MAIER

WALTER MAIER REAL ESTATE License #00473409 Listed on: 03/25/2016

Last Buyer's Agent

Bill Ruane

Estate Properties License #00972400

Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 7,151 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Lawn
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • 4,044 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Laundry in Garage
  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 84579
  • Assessor Parcel Number 4135017016

Community Details

Overview

  • 2 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $1,200
  • Professional Management Expense $3,600
  • Trash Expense $1,584
  • Water Sewer Expense $1,344
  • New Taxes Expense $28,125
  • Gross Income $84,000
  • Net Operating Income $47,472

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

7,151 Sq Ft Lot

Parking

5

Listing Details

  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1344.00
  • Property Type: Residential Income
  • Parcel Number: 4135017016
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 499.51

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, In Garage
  • Trash Expense: 1584.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Street Lights, Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre, Lawn, Landscaped, Level with Street, Sprinkler System
  • Lot Size Sq Ft: 7151.00
  • Price Per Lot Square Foot: 282.48
  • Lot Size Acres: 0.1640

Multi Family

  • Gross Income: 84000.00
  • Gross Scheduled Income: 84000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7151.0000 Square Feet
  • Net Operating Income: 47472.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 6
  • Operating Expense: 36528.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 28125.00
  • Tax Lot: 15
  • Tax Tract Number: 84579
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $2,020,000 -10.2% $500 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $2,250,000 -- $556 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,887 $2,426,778 $1,361,364 $1,065,414
2024 $27,266 $2,379,195 $1,334,671 $1,044,524
2023 $26,553 $2,332,545 $1,308,501 $1,024,044
2022 $26,842 $2,286,810 $1,282,845 $1,003,965
2021 $26,481 $2,241,972 $1,257,692 $984,280
2019 $25,591 $2,175,476 $1,220,389 $955,087
2018 $24,038 $2,132,820 $1,196,460 $936,360
2016 $2,608 $176,609 $90,333 $86,276
2015 $2,583 $173,958 $88,977 $84,981
2014 $2,578 $170,552 $87,235 $83,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN16018101

California Regional Multiple Listing Service (CRMLS)
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