221 Sheldon St El Segundo, CA 90245
Estimated payment $26,524/month
Highlights
- City Lights View
- Midcentury Modern Architecture
- Bar
- Center Street Elementary Rated A+
- Balcony
- Cooling Available
About This Home
221 Sheldon Avenue is a well-maintained 8-unit apartment building located in the heart of El Segundo, one of Los Angeles’ most desirable and tightly held rental markets. This pride-of-ownership property immediately stands out with its beautifully maintained landscaping, inviting curb appeal, and warm, residential feel that sets it apart from typical multifamily assets. 4 of 8 units have been remodeled to various levels including in unit washer/dryers and dishwashers. Tucked on a quiet residential street yet just moments from everything that makes El Segundo special, the property offers tenants the perfect balance of neighborhood charm and everyday convenience. Residents enjoy close proximity to downtown El Segundo’s shops, restaurants, and cafés, top-rated schools, major employment hubs, and easy access to the beach and freeways. The building’s welcoming atmosphere and strong location contribute to consistent tenant demand and long-term rental stability. For investors, this is an opportunity to acquire a solid, well-located coastal multifamily asset with lasting appeal and upside potential in an area known for high barriers to entry and enduring desirability.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-613-1251 License #01936451 Listed on: 02/03/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969
Lot Details
- 7,153 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- Level Lot
Home Design
- Midcentury Modern Architecture
- Apartment
- Entry on the 1st floor
- Flat Roof Shape
- Fire Rated Drywall
Interior Spaces
- 6,390 Sq Ft Home
- 2-Story Property
- Bar
- Gas Fireplace
- Window Screens
- Living Room with Fireplace
- City Lights Views
- Laundry Room
Kitchen
- Gas Oven
- Microwave
Bedrooms and Bathrooms
- 16 Bedrooms
- Mirrored Closets Doors
- 11 Bathrooms
Parking
- 4 Open Parking Spaces
- 9 Parking Spaces
- 5 Carport Spaces
Accessible Home Design
- Doors swing in
Outdoor Features
- Balcony
- Exterior Lighting
- Rain Gutters
Utilities
- Cooling Available
- Wall Furnace
- Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 18 / 26
- Tax Tract Number 6201
- Assessor Parcel Number 4135011018
Community Details
Overview
- 2 Buildings
- 8 Units
Building Details
- 7 Leased Units
- 9 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $7,668
- Operating Expense $85,580
- Gross Income $285,720
- Net Operating Income $191,568
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $37,601 | $3,366,000 | $2,215,440 | $1,150,560 |
| 2024 | $37,601 | $3,300,000 | $2,172,000 | $1,128,000 |
| 2023 | $12,801 | $1,071,886 | $248,821 | $823,065 |
| 2022 | $12,931 | $1,050,870 | $243,943 | $806,927 |
| 2021 | $12,764 | $1,030,265 | $239,160 | $791,105 |
| 2019 | $12,350 | $999,709 | $232,067 | $767,642 |
| 2018 | $11,590 | $980,108 | $227,517 | $752,591 |
| 2016 | $11,095 | $942,051 | $218,683 | $723,368 |
| 2015 | $10,963 | $927,902 | $215,399 | $712,503 |
| 2014 | $10,777 | $909,727 | $211,180 | $698,547 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/03/2026 02/03/26 | For Sale | $4,500,000 | -- | $704 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,300,000 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,000,000 | Credit Line Revolving |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26024948
APN: 4135-011-018
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