NOT LISTED FOR SALE

322 Bungalow Dr El Segundo, CA 90245

9 Beds
7 Baths
4,638 Sq Ft
6,595 Sq Ft Lot

Last Sold February 10, 2015

Last sale price $2,055,000 $443 Per Sq Ft

18 Days on Market

Highlights

  • City Lights View
  • Traditional Architecture
  • Turnkey
  • Center Street Elementary Rated A+
  • Laundry Room
  • 1-minute walk to Hilltop Park

About This Home

As of February 2015

It's not often you come across an investment opportunity that is centrally located, meticuously maintained, updated and cared for as a personal residence. Situated in the heart of California's distinguished All American beach city of El Segundo, this offering is an absolute rarity in the Los Angeles real esate market. A booming business town, El Segundo has long been known to be a city driven by local industry; many residents and businesses flock to this town to take advantage of a thriving local economy, a highly acclaimed school system, world class beaches, close proximity to LAX, and a bustling downtown atmosphere. 322 Bungalow boasts (4) 1 bed/1 bath units, (1) 2 bed/1 bath units, and (1) 3 bed/2bath owner's unit + family room. The property has 6 covered parking spaces, separate gas & electric meters for each unit, new vinyl windows & sliders throughout, and fresh exterior paint.

Last Agent to Sell the Property

Jim Van Zanten

Vista Sotheby’s International Realty License #00544011 Listed on: 12/08/2014

Vista Sotheby’s International Realty

Co-Listed By

Robert Depaoli

Compass License #01918925

Last Buyer's Agent

Ray Joseph

Radius Agent Realty License #01397157

Radius Agent Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,595 Sq Ft Lot
  • Lot Dimensions are 60x110
  • Two or More Common Walls

Parking

  • 6 Car Garage
  • Parking Available

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Traditional Architecture
  • Property Attached
  • Turnkey
  • Stucco

Interior Spaces

  • 4,638 Sq Ft Home
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 6 / 122
  • Tax Tract Number 6200
  • Assessor Parcel Number 4135031005

Community Details

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $1,570
  • Insurance Expense $1,787
  • Professional Management Expense $1,364
  • New Taxes Expense $24,000
  • Gross Income $9,157
  • Net Operating Income $98,508

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

6

Listing Details

  • CapRate: 4.50
  • Improvements Percent: 52.00
  • Professional Management Expense: 1364.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: esrbyy
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 4135031005
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Price Per Square Foot: 443.08

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Value Percent: 48.00
  • Lot Size: 60x110
  • Lot Size Sq Ft: 6595.00
  • Lot Size Acres: 0.1510

Multi Family

  • Electric Expense: 1570.00
  • Gross Income: 9157.00
  • Gross Multiplier: 20.00
  • Gross Scheduled Income: 110760.00
  • Insurance Expense: 1787.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6595.0000 Square Feet
  • Net Operating Income: 98508.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 12882.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 24000.00
  • Tax Block: 122
  • Tax Lot: 6
  • Tax Tract Number: 6200

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 List to Sale Price per Sq Ft
02/10/2015 02/10/15 Sold $2,055,000 -6.4% $443 / Sq Ft
12/26/2014 12/26/14 Pending -- -- --
12/08/2014 12/08/14 For Sale $2,195,000 -- $473 / 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 $27,825 $2,469,794 $1,442,217 $1,027,577
2024 $27,825 $2,421,368 $1,413,939 $1,007,429
2023 $27,099 $2,373,891 $1,386,215 $987,676
2022 $27,393 $2,327,345 $1,359,035 $968,310
2021 $27,028 $2,281,712 $1,332,388 $949,324
2019 $26,121 $2,216,086 $1,292,869 $923,217
2018 $24,522 $2,172,674 $1,267,519 $905,155
2016 $23,777 $2,086,338 $1,218,300 $868,038
2015 $2,453 $156,540 $75,864 $80,676
2014 $2,459 $153,474 $74,378 $79,096
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: SB14254592

California Regional Multiple Listing Service (CRMLS)