NOT LISTED FOR SALE

336 Penn St El Segundo, CA 90245

10 Beds
10 Baths
6,044 Sq Ft
5,721 Sq Ft Lot

Last Sold September 08, 2023

Last sale price $3,076,750 $509 Per Sq Ft

28 Days on Market

Highlights

  • Property is near park
  • Laundry Room
  • 1-Story Property
  • Center Street Elementary Rated A+
  • Carpet
  • 4-minute walk to El Segundo Parks and Recreation

About This Home

As of September 2023

Prime 5 unit building located in the heart of the coastal community of El Segundo. This investment opportunity checks all of the boxes: Located next to Recreation Park, all 2 bedroom, 2 bathroom units with open kitchens, fireplaces and balconies, walk to downtown, quiet neighborhood, lots of parking (10- 1 car garages), newer building (1987 built), onsite laundry, No Local Rent Control - Defaults to AB 1482. Recently upgraded on the exterior, this Cape Cod Style property screams the California Beach Life. All units are in great shape with one of the units just having completed a remodel with upside potential for the 4 additional units. Located in a very quiet location close to downtown El Segundo, all major freeways, LAX and Manhattan Beach. Award winning schools. You will not find a better building in all of the South Bay. This is a very unique offering.

Last Agent to Sell the Property

Chad Fahlbusch

Strand Hill Properties License #01346526 Listed on: 05/25/2023

Last Buyer's Agent

William Joseph

Joseph Group License #01934991

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 5,721 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 10 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 6,044 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Carpet
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 4 / 36
  • Assessor Parcel Number 4135016004

Community Details

Overview

  • 5 Units

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $159,600
  • Net Operating Income $93,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

10

Listing Details

  • Inclusions: Appliances
  • Property Attached: Yes
  • Zoning: ESR3*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 4135016004
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 509.06

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 5721.00
  • Lot Size Acres: 0.1313

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 159600.00
  • Gross Scheduled Income: 159600.00
  • Lot Size Area: 5721.0000 Square Feet
  • Net Operating Income: 93000.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Dishwasher: 5
  • Number With Disposal: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Rent Control: No
  • Total Actual Rent: 13300.00

Tax Info

  • Tax Block: 36
  • Tax Census Tract: 6200.02
  • Tax Lot: 4

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2023 09/08/23 Sold $3,076,750 -12.1% $509 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $3,500,000 -- $579 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chad Fahlbusch

    Seller's Agent in 2023

    Chad Fahlbusch

    Strand Hill Properties

    (310) 943-3888

    1 in this area

    57 Total Sales

    Chad Fahlbusch
    Section Image
  • William Joseph

    Buyer's Agent in 2023

    William Joseph

    Joseph Group

    (310) 415-4655

    2 in this area

    73 Total Sales

    William Joseph
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23089126

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County El Segundo 90245

336 Penn St, El Segundo, CA

Not Listed for Sale

MultiFamily

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