NOT LISTED FOR SALE

311 Center St Unit A El Segundo, CA 90245

Estimated Value: $2,182,000 - $2,621,812

5 Beds
4 Baths
3,123 Sq Ft
$776/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $2,125,000 $680 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $14,880/month

76 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Landscaped
  • Center Street Elementary Rated A+
  • Laundry Room
  • 1-minute walk to Hilltop Park

About This Home

As of February 2023

Welcome to 311 Center Street, An incredible opportunity to own 2 units in the highly desirable community of El Segundo. The front unit is a cozy 2 bedroom, 1 bath drenched with natural sunlight. The kitchen, dining room and living room organically blend creating a wonderful living space. A Juliet balcony off the dining room allows for a beach breeze and a great space to have coffee. Other amenities include big laundry room, private guest access, parking and more. Front unit is move in ready!! The main unit is a beautiful coastal charmer that was recently renovated with luxury vinyl flooring, custom master bathroom with walk-in rain shower, vanity fixtures, fresh paint throughout, newly finished kitchen cabinets and hardware and custom fireplace mantle. As you make your way in this home you are greeted by a sun kissed foyer that leads you to the living room and kitchen. The living room opens up to a quaint backyard that is perfect for entertaining, pets and a personal playground. Skylights are positioned nicley throughout the home providing ample light throughout the day. This home includes a 4 car garage, 2 car driveway parking and laundry within the home. Blocks from the beach, downtown EL Segundo and Smokey Hollow. Easy access to freeways and LAX. A few miles away from So-Fi Stadium and all that LA has to offer. You don't want to miss this!!!

Last Agent to Sell the Property

Amie Metcalfe

Tower-60 License #01939308 Listed on: 10/28/2022

Co-Listed By

Alex Abad

Tower-60 License #01701311

Last Buyer's Agent

Scot Nicol

Compass License #01918400

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,280

Year Built

  • Built in 1992

Lot Details

  • 4,232 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Split Level Home

Interior Spaces

  • 3,123 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 14 / 122
  • Tax Tract Number 3710
  • Assessor Parcel Number 4135031014
  • $302 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $72,000
  • Net Operating Income $77,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,280

Year Built

Built in 1992

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: 3103431461
  • Price Per Unit: 1125000
  • Property Attached: Yes
  • View: Yes
  • Zoning: ESR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4135031014
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 680.44

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 4232.00
  • Lot Size Acres: 0.0972

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 1120 Square Feet
  • Average3 Bed Area: 2003 Square Feet
  • Gross Income: 72000.00
  • Gross Multiplier: 20.00
  • Gross Scheduled Income: 110400.00
  • Lot Size Area: 4232.0000 Square Feet
  • Net Operating Income: 77280.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 33120.00
  • Rent Control: No

Tax Info

  • Tax Block: 122
  • Tax Census Tract: 6200.02
  • Tax Lot: 14
  • Tax Tract Number: 3710
  • TaxOtherAnnualAssessmentAmount: 302.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Feb 2, 2023
Sold by
Bellante Benjamin and Bellante Shauna
Bought by
Moy Gabriel and Moy Mary
Seller's Agent
Amie Metcalfe
Tower-60
Buyer's Agent
Scot Nicol
Compass
List Price
$2,250,000
Sold Price
$2,125,000
Premium/Discount to List
-$125,000
-5.56%
Views
33
Current Estimated Value
$2,359,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,541
Avg. Annual Appreciation
5.42%
Original Mortgage
$930,000
Outstanding Balance
$902,850
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$1,519,103

Purchase Details

Closed on
Dec 21, 2012
Sold by
Bellante Benjamin
Bought by
Bellante Benjamin and Bellante Shauna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2009
Sold by
Bellante Benjamin and Bellante Paul
Bought by
Bellante Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2006
Sold by
Andrews James Gordon and The Betty I Andrews Family Tru
Bought by
Bellante Benjamin and Bellante Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Moy Gabriel $2,125,000 First American Title
Bellante Benjamin -- First American Title Company
Bellante Benjamin -- Lawyers Title Company
Bellante Benjamin -- Lawyers Title Company
Bellante Benjamin $1,050,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moy Gabriel $930,000
Previous Owner Bellante Benjamin $624,000
Previous Owner Bellante Benjamin $675,000
Previous Owner Andrews James Gordon $820,000
Previous Owner Bellante Benjamin $820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $2,125,000 -5.6% $680 / Sq Ft
10/28/2022 10/28/22 For Sale $2,250,000 -- $720 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $24,280 $2,210,850 $1,623,024 $587,826
2024 $24,280 $2,167,500 $1,591,200 $576,300
2023 $15,344 $1,371,968 $893,969 $477,999
2022 $15,511 $1,345,068 $876,441 $468,627
2021 $15,282 $1,318,695 $859,256 $459,439
2019 $14,758 $1,279,584 $833,771 $445,813
2018 $13,855 $1,254,495 $817,423 $437,072
2016 $13,444 $1,205,783 $785,683 $420,100
2015 $13,275 $1,187,672 $773,882 $413,790
2014 $12,985 $1,164,408 $758,723 $405,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22222895

California Regional Multiple Listing Service (CRMLS)

APN: 4135-031-014