NOT LISTED FOR SALE

524 E Palm Ave Unit 526 E. Palm, 528 E. El Segundo, CA 90245

Estimated Value: $2,246,000 - $2,525,000

6 Beds
4 Baths
3,142 Sq Ft
$756/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $2,100,000 $668 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $14,454/month

22 Days on Market

Highlights

  • City View
  • 0.37 Acre Lot
  • Formal Dining Room
  • Center Street Elementary Rated A+
  • Bonus Room
  • Double Oven

About This Home

As of October 2022

LOCATION, LOCATION, LOCATION on this unique property zoned R2! One of the highest elevations in El Segundo! Enjoy unobstructed views from the front home picture window! ½ block to El Segundo High School, rated in the top 2.5% of CA High Schools! 2 ½ blocks to an outstanding Recreation Park! 1.7 miles to the ocean to watch a sunset and less than 7 miles to SoFi Stadium, home of the L.A. Rams! Front home is a 1957 built 2-bedroom 1.5-bath home with bonus room, game room and approx. 1,592 sq. ft. on the 67 wide by 242 deep lot (16,265 sq. ft) with up-slope to the back of the property. Large living room with brick/rock fireplace over 2-car garage. Pool in back yard is filled in. Concrete driveway on side of lot leads to the Duplex, 2nd detached 2-car garage and storage room on back half of the lot. Duplex units are 2 bedrooms, 1 bath with approx. 775 sq. ft. each. Shared laundry room with fenced back yard. Lots of work needed here but a great opportunity for investor, contractor or DIY for an income property, personal residence with additional income or what best fits your vision for this unique property in a safe and prosperous city with quality Police and Fire Departments. Don't let this opportunity slip by!

Last Agent to Sell the Property

Michael Moller

Moller Realty Group License #00606878 Listed on: 08/18/2022

Last Buyer's Agent

OUT OF AREA NON MEMBER

Out Of Area Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 67.20 x 242.38
  • Back Yard Fenced
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Landscaped with Trees

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • Skylights
  • Double Pane Windows
  • Window Treatments
  • Wood Frame Window
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Utility Room
  • City Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Cooktop
  • Range Hood
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

  • Center Street Elementary School
  • El Segundo Middle Sc
  • El Segundo High School

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Separate Meters
  • Separate Water Meter
  • Master Water Meter
  • Natural Gas Water Heater

Additional Features

  • Energy-Efficient Insulation
  • Slab Porch or Patio
  • City Lot

Community Details

  • 3 Units
  • El Segundo Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4133-008-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Multi Family
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Double Oven, Elec Surface Units, Range Hood, Wall Oven, Gas Dryer Hook Up
  • Fireplace: In Living Room, One
  • Interior Amenities: Carpet, Garage Door Opener, Vinyl Floors, Window Coverings, Counter Top-Tile
  • Bathroom Features: Shower-Stall, Tub - Standard
  • Laundry: Room
  • Insulation: Original

Exterior Features

  • Sprinklers: Front, Timed
  • Landscaping: Front, Rear, Trees
  • Fencing: Partial, Rear
  • Windows: Double Pane, Metal, Skylight, Wood Frames, Single Pane
  • Deck Patio: Patio, Slab
  • Exterior: Stucco
  • Foundation: Perimeter Foundation, Post & Pier, Slab
  • Number Of Acres: 0.37
  • Pool: See Agent Remarks
  • Roads: Paved
  • Roof: Composition

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 4
  • Garage/Parking: Garage Attached
  • Number Of Parking Spaces: 9

Utilities

  • Utilities: Electric, Natural Gas
  • Electric Meter: Separate
  • Gas Meter: Separate
  • Water Meter: Separate, Shared
  • Heat: Central, Natural Gas, Wood
  • Sewer: Public Sewer
  • Water Heater: Natural Gas
  • Water Supply: City Water

Condo/Co-op/Association

  • Manager Name: No Manager

Schools

  • Elementary School: Center Street School
  • High School: El Segundo High
  • Junior High: El Segundo Middle Sc
  • School District: El Segundo Unified

Lot Info

  • Lot Dimensions: 67.20 x 242.38
  • Lot Description: City, Neighborhood, City View
  • Zoning Code: ESR2
  • Geo Update Timestamp: 2022-08-22
  • Additional Assessor Parcel Numbers: 4133-008-026

Multi Family

  • No. of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Sep 16, 2022
Sold by
Kessener Family Trust
Bought by
Kim Jennifer
Seller's Agent
Michael Moller
Moller Realty Group
Buyer's Agent
OUT OF AREA NON MEMBER
Out Of Area Office
List Price
$2,512,000
Sold Price
$2,100,000
Premium/Discount to List
-$412,000
-16.4%
Views
28
Current Estimated Value
$2,375,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,880
Avg. Annual Appreciation
3.85%
Original Mortgage
$1,365,000
Outstanding Balance
$1,304,097
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$1,071,783

Purchase Details

Closed on
Sep 16, 1993
Sold by
Kessener William H and Kessener Barbara W
Bought by
Kessener William H and Kessener Barbara W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Kim Jennifer $2,100,000 Fidelity National Title
Kessener William H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jennifer $1,365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold $2,100,000 -10.4% $668 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/27/2022 08/27/22 Price Changed $2,345,000 -6.6% $746 / Sq Ft
08/18/2022 08/18/22 For Sale $2,512,000 -- $799 / Sq Ft
Source: Tehama County Association of REALTORS®

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 $24,364 $2,184,840 $1,560,600 $624,240
2024 $24,364 $2,142,000 $1,530,000 $612,000
2023 $23,722 $2,100,000 $1,500,000 $600,000
2022 $4,770 $373,626 $211,929 $161,697
2021 $4,703 $366,301 $207,774 $158,527
2020 $4,621 $362,546 $205,644 $156,902
2019 $4,555 $355,438 $201,612 $153,826
2018 $4,097 $348,469 $197,659 $150,810
2016 $3,932 $334,939 $189,985 $144,954
2015 $3,885 $329,909 $187,132 $142,777
2014 $3,830 $323,448 $183,467 $139,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tehama County Association of REALTORS®

MLS Number: 20220825

Tehama County Association of REALTORS®

APN: 4133-008-026