NOT LISTED FOR SALE

321 W El Segundo Blvd El Segundo, CA 90245

11 Beds
8 Baths
7,590 Sq Ft
7,506 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $3,925,000 $517 Per Sq Ft

18 Days on Market

Highlights

  • Laundry Room
  • Richmond Street Elementary School Rated A
  • 2-minute walk to Candy Cane Park

About This Home

As of December 2018

UPDSIDE IN RENT! ESTIMATED 4.10% CAP AND 16.56 GRM ON MARKET RENTS. 321 W El Segundo is a REMODELED six-unit apartment building that sits on the edge of the rapidly growing Smokey Hollow section of El Segundo. From this property tenants are able to walk to restaurants, coffee shops and breweries off Main Street or hop on a bike for a 5-minute ride to the beach.
The building contains five, 3 bed 2 baths units and one, 2 bed 2 bath unit. Each unit comes with a private patio. There is a total of eight garage parking spaces and four additional uncovered parking spaces. This building has a separate laundry room. As units have turned over they have received varying degrees of remodel work. Most received a stylish renovation with shaker white cabinets, quartz or granite counters tops, new laminate flooring, new stainless steel appliances, new shower and subway bath tile. The exterior is also updated with a smooth stucco finish in the front and reclaimed barnwood siding. New windows, railings and sliding doors were installed on every unit. There is also new copper piping throughout!

Last Agent to Sell the Property

Bryan Bohlinger

Bohlinger Properties, Inc. License #01522061 Listed on: 10/11/2018

Co-Listed By

Brady Bohlinger

Bohlinger Properties, Inc. License #01982518

Last Buyer's Agent

Woody Stahl

Lyon Stahl Investment Real Est License #01399621

Lyon Stahl Investment Real Est

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,506 Sq Ft Lot
  • Two or More Common Walls
  • Sprinkler System

Parking

  • 8 Car Garage

Home Design

  • 7,590 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 620102
  • Assessor Parcel Number 4136028012

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $791
  • Gardener Expense $988
  • Insurance Expense $4,435
  • Maintenance Expense $4,113
  • Pest Control $300
  • Professional Management Expense $10,772
  • Trash Expense $1,611
  • Water Sewer Expense $1,773
  • New Taxes Expense $44,586
  • Operating Expense $70,335
  • Gross Income $222,080
  • Net Operating Income $145,112

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

8

Listing Details

  • CapRate: 3.63
  • Professional Management Expense: 10772.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1773.00
  • Zoning: ESP*
  • Property Type: Residential Income
  • Gardener Expense: 988.00
  • Parcel Number: 4136028012
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 517.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 12.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Pest Control Expense: 300.00
  • Sewer: Public Sewer
  • Trash Expense: 1611.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 7506.00
  • Lot Size Acres: 0.1723

Multi Family

  • Electric Expense: 790.64
  • Gross Income: 222080.00
  • Gross Multiplier: 18.07
  • Gross Operating Income: 215447.00
  • Gross Scheduled Income: 222080.00
  • Insurance Expense: 4435.00
  • Laundry Income: 980.00
  • Lot Size Area: 7506.0000 Square Feet
  • Maintenance Expense: 4113.00
  • Net Operating Income: 145112.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 70335.00
  • Rent Control: No
  • Total Actual Rent: 18425.00
  • Total Expenses: 70335.00
  • Vacancy Allowance: 6630
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 44586.00
  • Tax Census Tract: 6201.02
  • Tax Lot: 10
  • Tax Tract Number: 620102

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $3,925,000 -1.8% $517 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $3,995,000 -- $526 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18247656

California Regional Multiple Listing Service (CRMLS)