NOT LISTED FOR SALE

324 Concord St El Segundo, CA 90245

12 Beds
11 Baths
5,720 Sq Ft
5,607 Sq Ft Lot

Last Sold June 07, 2021

Last sale price $2,900,000 $507 Per Sq Ft

About This Home

As of June 2021

Six unit building with one 3 bed 2 baths, four 2 bed 2 baths, and one 1 bed 1 bath. Tenants are current on rents. Convenient to town, bike path, and beach. Access to freeways, shopping, restaurants, and LAX. This is a well-maintained and professionally managed property that provides three closed garages and four covered spaces, a community laundry room, and an enclosed storage area. Seller states copper plumbing installed in 2001. The building is also seismically retrofitted. Subject to inspection. Do not walk the property. Property is street to alley.

Last Agent to Sell the Property

Annette V. Graw

Pacifica Properties Group, Inc. License #00480137 Listed on: 06/08/2021

Co-Listed By

Molly Graw

Pacifica Properties Group, Inc. License #01234233

Last Buyer's Agent

Kirk Brown Jr

Kirk Brown, Jr License #01359453

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,607 Sq Ft Lot
  • Two or More Common Walls
  • Lot Sloped Down

Parking

  • 3 Car Garage
  • 4 Carport Spaces

Home Design

  • 5,720 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 11 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 620
  • Assessor Parcel Number 4136017009

Community Details

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $447
  • Fuel Expense $1,374
  • Insurance Expense $995
  • Other Expense $21,175
  • Professional Management Expense $8,276
  • Trash Expense $536
  • Water Sewer Expense $3,108
  • Operating Expense $40,285
  • Gross Income $145,740
  • Net Operating Income $105,455

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Professional Management Expense: 8276.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3108.00
  • Property Type: Residential Income
  • Parcel Number: 4136017009
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 506.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 3.00
  • Total Parking Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 536.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 5607.00
  • Lot Size Acres: 0.1287

Multi Family

  • Electric Expense: 447.00
  • Fuel Expense: 1374.00
  • Gross Income: 145740.00
  • Gross Scheduled Income: 145740.00
  • Insurance Expense: 995.00
  • Laundry Income: 338.00
  • Lot Size Area: 5607.0000 Square Feet
  • Net Operating Income: 105455.00
  • 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: 40285.00
  • Other Expense: 21175.00
  • Other Expense Description: Updating
  • Rent Control: No
  • Total Expenses: 40285.00

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 620...

Range of Values:

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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
06/08/2021 06/08/21 For Sale $3,000,000 +3.4% $524 / Sq Ft
06/07/2021 06/07/21 Sold $2,900,000 -- $507 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21114139

California Regional Multiple Listing Service (CRMLS)