Seller's Agent in 2022
Daniel Withers
Matthews Real Estate Investment Services
(310) 365-5054
1 in this area
44 Total Sales
REDUCED PRICE: $3,995,000 (motivated seller). Matthews is pleased to present 526 Illinois Street, a 7,635 square foot, 6-unit apartment building located in El Segundo. Built-in 1988, this condo-quality asset sits on an R3-zoned, 6,962 square foot lot located just 1.5 miles from the Pacific Ocean. The building is comprised of two-story townhome units: (3)two-bed/two-bath, (2) three-bed/two-bath, and (1) oversized studio units (non-conforming). The property offers tenants a gated, subterranean parking garage with 11 spaces total, as well as a washer/dryer and individual waters heaters in each unit. All units have been fully upgraded and include a balcony, private patio, fireplace, and office. Additionally, the exterior has been fully remodeled, and the roof is only around 5 years old. With strong in-place rents, 526 Illinois offers investors cash-flowing trophy assets in a truly irreplaceable South Bay Los Angeles location. ***5 UNITS PLUS 1 NON-CONFORMING STUDIO UNIT
Last Agent to Sell the Property
Matthews Real Estate Investment Services License #01325901 Listed on: 11/13/2021
Last Buyer's Agent
Matthews Real Estate Investment Services License #01325901 Listed on: 11/13/2021
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/26/2022 04/26/22 | Sold | $3,950,000 | -1.1% | $517 / Sq Ft | |
| 02/25/2022 02/25/22 | Pending | -- | -- | -- | |
| 01/06/2022 01/06/22 | Price Changed | $3,995,000 | -6.0% | $523 / Sq Ft | |
| 11/13/2021 11/13/21 | For Sale | $4,250,000 | +13.3% | $557 / Sq Ft | |
| 09/27/2017 09/27/17 | Sold | $3,750,000 | -2.6% | $491 / Sq Ft | View Prior Sale |
| 06/30/2017 06/30/17 | For Sale | $3,850,000 | -- | $504 / Sq Ft |
| 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 | $46,737 | $4,191,771 | $2,918,322 | $1,273,449 |
| 2024 | $46,737 | $4,109,580 | $2,861,100 | $1,248,480 |
| 2023 | $45,504 | $4,029,000 | $2,805,000 | $1,224,000 |
| 2022 | $41,743 | $3,575,000 | $1,200,000 | $2,375,000 |
| 2021 | $41,960 | $3,575,000 | $1,200,000 | $2,375,000 |
| 2019 | $44,569 | $3,825,000 | $1,275,000 | $2,550,000 |
| 2018 | $41,890 | $3,750,000 | $1,250,000 | $2,500,000 |
| 2016 | $17,276 | $1,490,118 | $634,091 | $856,027 |
| 2015 | $17,067 | $1,467,736 | $624,567 | $843,169 |
| 2014 | $16,727 | $1,438,986 | $612,333 | $826,653 |
Seller's Agent in 2022
Daniel Withers
Matthews Real Estate Investment Services
(310) 365-5054
1 in this area
44 Total Sales
Seller's Agent in 2017
Jonathan Nikfarjam
Shield CRE, Inc.
(310) 880-6807
1 in this area
80 Total Sales
Seller Co-Listing Agent in 2017
Gianluca Jacoli
Shield CRE, Inc.
(510) 708-2662
2 in this area
50 Total Sales
Buyer's Agent in 2017
DeDe Hsu
Estate Properties
(310) 722-9222
85 Total Sales
Source: The MLS
MLS Number: 21-108341
Ask me questions while you tour the home.