NOT LISTED FOR SALE

436 W Imperial Ave El Segundo, CA 90245

20 Beds
10 Baths
10,672 Sq Ft
0.36 Acres

Last Sold June 11, 2019

Last sale price $5,000,000 $469 Per Sq Ft

27 Days on Market

Highlights

  • 0.36 Acre Lot
  • Property is near a park
  • Laundry Room
  • Richmond Street Elementary School Rated A

About This Home

As of June 2019

CALL FOR OFFERS - DUE MARCH 28th. This sixteen-unit value-add property offers an investor the unique opportunity to own in one of the most attractive rental markets within the South Bay. 436-440 W. Imperial Avenue is a 2-story, 16-unit property, consisting of four-4 unit buildings on the same parcel. All units are 2 bedroom/1 bath. Parking consists of a combination of carports and open space parking for a total of 16 spaces. Utilities are separately metered for gas and electric and water/sewer is master metered. The property has been under long-term ownership and rents are approximately 35% under market.

The property offers an unparalleled location within the city. Within walking distance to the beach and the hip downtown Main Street with its’ crowd drawing restaurants, trendy tavern’s and boutiques or take a short drive over to The Point on Pacific Coast Highway, to enjoy an array of vibrant shopping and dining options. El Segundo alsobenefits from its close-proximity to the Westside and Silicon Beach. Just a few miles north of El Segundo numerous tech companies have established themselves including; Google, Yahoo!, YouTube, BuzzFeed, Facebook, Salesforce, AOL, Electronic Arts, Sony, & MySpace.

In summary, what draws residents and businesses to El Segundo, its coastal location, strong and diversified employment base, and ease and variety of transportation options, also draws astute investors looking for a location that will preserve and grow their investments.

Last Agent to Sell the Property

Mike McKinney

Lyon Stahl Investment Real Estate, Inc. License #00634672 Listed on: 03/20/2019

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Nancy Bush

Lyon Stahl Investment Real Estate, Inc. License #00962565

Last Buyer's Agent

Mike McKinney

Lyon Stahl Investment Real Estate, Inc. License #00634672 Listed on: 03/20/2019

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.36 Acre Lot
  • Two or More Common Walls

Home Design

  • 10,672 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 10 Bathrooms

Parking

  • 16 Open Parking Spaces
  • 16 Parking Spaces

Location

  • Property is near a park
  • Property is near public transit

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 3
  • Tax Tract Number 27
  • Assessor Parcel Number 4132001027

Community Details

Overview

  • 4 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • 16 Leased Units
  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • Electric Expense $2,870
  • Fuel Expense $333
  • Insurance Expense $3,550
  • Other Expense $16,927
  • Professional Management Expense $27,334
  • Trash Expense $3,355
  • Water Sewer Expense $3,254
  • New Taxes Expense $61,458
  • Operating Expense $119,084
  • Gross Income $267,880
  • Net Operating Income $140,760

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Professional Management Expense: 27334.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3254.00
  • Zoning: ESR3VV
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4132001027
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 468.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 16.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 3355.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 15772.00
  • Lot Size Acres: 0.3621

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 667 Square Feet
  • Electric Expense: 2870.00
  • Fuel Expense: 333.00
  • Gross Income: 267880.00
  • Gross Operating Income: 259844.00
  • Gross Scheduled Income: 267880.00
  • Insurance Expense: 3550.00
  • Laundry Income: 1600.00
  • Lot Size Area: 15772.0000 Square Feet
  • Net Operating Income: 140760.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Units Leased: 16
  • Number Of Units Total: 16
  • Operating Expense: 119084.00
  • Other Expense: 16927.00
  • Other Expense Description: Maintena
  • Rent Control: No
  • Total Expenses: 119084.00
  • Vacancy Allowance: 8036
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 61458.00
  • Tax Census Tract: 6201.01
  • Tax Lot: 3
  • Tax Tract Number: 027

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
06/11/2019 06/11/19 Sold $5,000,000 -9.1% $469 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $5,500,000 -- $515 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mike McKinney

    Seller's Agent in 2019

    Mike McKinney

    Lyon Stahl Investment Real Estate, Inc.

    (310) 880-2900

    17 Total Sales

    Mike McKinney
    Section Image
  • Nancy Bush

    Seller Co-Listing Agent in 2019

    Nancy Bush

    Lyon Stahl Investment Real Estate, Inc.

    (310) 849-9210

    18 Total Sales

    Nancy Bush
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19062265

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

436 W Imperial Ave, El Segundo, CA

This home is located at 436 W Imperial Ave, El Segundo, CA 90245 since 20 March 2019. This property was built in 1954. 436 W Imperial Ave is a home located in Los Angeles County with nearby schools including Richmond Street Elementary School, El Segundo Middle School, and El Segundo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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