NOT LISTED FOR SALE

524 E Palm Ave El Segundo, CA 90245

Estimated Value: $2,020,000 - $2,350,884

6 Beds
4 Baths
3,142 Sq Ft
$709/Sq Ft Est. Value

Last Sold October 12, 2022

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

Est. 6% increase in value since last sale

Current estimated payment $13,847/month

22 Days on Market

Highlights

  • City View
  • 0.37 Acre Lot
  • Private Yard
  • Center Street Elementary Rated A+
  • Contemporary Architecture
  • No HOA

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! block to El Segundo High School, rated in the top 2.5% of CA High Schools! 2 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

Last Agent to Sell the Property

Michael Moller

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

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,364

Year Built

  • Built in 1957

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions: 67.2
  • Private Yard

Parking

  • 4 Car Detached Garage
  • 5 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Triplex
  • Contemporary Architecture
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Skylights
  • Double Pane Windows
  • Window Treatments
  • Green House Windows
  • Window Screens
  • City Views
  • Washer and Dryer Hookup

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for electricity, sewer, gas, trash collection, water
  • Assessor Parcel Number 4133-008-026

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 3 Units
  • El Segundo Tract Subdivision

Building Details

  • 1 Leased Unit
  • 2 Vacant Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,364

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Triplex
  • Stories: 1
  • Year Built: 1957
  • Accessibility Features: 0
  • Architectural Style: Contemporary
  • Levels: One
  • Stories: 1
  • Subdivision: El Segundo Tract
  • Number of Two Bedroom Units: 3
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven, Gas Water Heater, Electric Cook Top
  • Interior Amenities: Skylight(s)
  • Flooring: Carpet, Vinyl
  • Basement: None
  • Price Per Square Foot: 668.36
  • Window Features: Dual Pane Partial, Window Coverings, Greenhouse Window(s), Window Screens, Varies by Unit

Exterior Features

  • Construction Materials: Concrete, Stucco, Frame, Glass, Wood
  • Disclosures/Documents: Seller Property Questionnaire, Transfer Disclosure Statement
  • Elevation: 110
  • Exterior Features: Yard Space
  • Foundation: ConcretePerimeter, PillarPostPier, Slab
  • Listing Price: 2345000.00
  • Lot Features: Curbs/Gutters, Sidewalk
  • Patio And Porch Features: Uncovered Patio
  • Property Condition: Fixer
  • Roof: Shingle, Composition
  • Topography: Trees Few,Lot Sloped,Upslope
  • View Description: City, Varies by Unit

Garage/Parking

  • Open Parking Spaces: 5.00
  • Covered Parking Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking Features: Off Street, Covered, Detached, Garage, Uncovered, Garage Door Opener
  • Total Parking Spaces: 9.00
  • Guest Spaces: 5
  • Independent Parking Spaces: 9

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, City, Electric, Internet Available
  • Cooling: None
  • Heating: Central, Natural Gas
  • Laundry Features: Varies by Unit, Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Electricity,Gas,See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: ESR2
  • Irrigation: None
  • Lot Size Acres: 0.3700
  • Lot Dimensions: 67.20 x 242.38
  • Lot Size Sq Ft: 16117.00
  • ResoLotSizeUnits: Acres

Green Features

  • Energy Efficient: Water Heater

Rental Info

  • Tenant Pays: Electricity, Sewer, Gas, Trash Collection, Water
  • Lease Term: Month To Month
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only,See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 3
  • Number of Vacant Units: 2
  • Units Furnished: None
  • Two Bedrooms Occupied: 1

Tax Info

  • Assessor Parcel Number: 4133-008-026
  • Bonds/Assessments/Taxes Description: Transfer Tax County,Local Assessments
  • County Transfer Tax Rate: 1.10
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Other

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
Non-MLS Member
Non-MLS Office
List Price
$2,512,000
Sold Price
$2,100,000
Premium/Discount to List
-$412,000
-16.4%
Views
20
Current Estimated Value
$2,228,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,971
Avg. Annual Appreciation
2.42%
Original Mortgage
$1,365,000
Outstanding Balance
$1,307,738
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$946,596

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:

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

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 Change Sq Ft Price
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: MetroList

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

  • Michael Moller

    Seller's Agent in 2022

    Michael Moller

    Moller Realty Group

    (530) 624-3196

    2 in this area

    49 Total Sales

    Michael Moller
    Section Image

  • N

    Buyer's Agent in 2022

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 222110931

MetroList

APN: 4133-008-026

California Los Angeles County El Segundo 90245

524 E Palm Ave, El Segundo, CA

This home is located at 524 E Palm Ave, El Segundo, CA 90245 since 18 August 2022 and is currently estimated at $2,228,971, approximately $709 per square foot. This property was built in 1957. 524 E Palm Ave is a home located in Los Angeles County with nearby schools including Center Street Elementary, 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.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes