539 Penn St El Segundo, CA 90245
Estimated Value: $1,871,988 - $1,991,000
5
Beds
2
Baths
2,120
Sq Ft
$907/Sq Ft
Est. Value
Highlights
- Property is near a park
- Main Floor Bedroom
- No HOA
- Center Street Elementary Rated A+
- Lawn
- Neighborhood Views
About This Home
As of June 2018539 Penn St. consists of two individual homes located in El Segundo. This turn-key property features a unit mix consisting of (1) 2-bed/2-bath and (1) 2-bed/1-bath units with 2,120 SF of total living area. The front of the property includes a landscaped yard area enclosed by a picket fence for additional privacy, and in the rear there are (2) 1-car garages. Both of the units are very well-maintained and have copper plumbing. The property generates excellent rental income and has upside market rent potential. This is the perfect investment opportunity for anyone looking to build their portfolio, and acquire prime real estate in the South Bay!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,190
Year Built
- Built in 1924
Lot Details
- 6,002 Sq Ft Lot
- No Common Walls
- Landscaped
- Lawn
- Front Yard
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,120 Sq Ft Home
- 1-Story Property
- Neighborhood Views
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- 2 Full Bathrooms
Additional Features
- Property is near a park
- Private Water Source
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 46
- Tax Tract Number 2540
- Assessor Parcel Number 4133007012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 5, 2018
Sold by
The Hankamer Cho Family Revocable Trust
Bought by
Morgan Limited Liability Company
Total Days on Market
106
Current Estimated Value
Purchase Details
Listed on
Jan 29, 2018
Closed on
May 21, 2018
Sold by
Russell Merna and Russell William K
Bought by
Hanmaker Gary L and Cho Jennifer Y
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Woody Stahl
Lyon Stahl Investment Real Est
List Price
$1,500,000
Sold Price
$1,365,000
Premium/Discount to List
-$135,000
-9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Purchase Details
Closed on
Jul 25, 2006
Sold by
Russell William K and Russell Merna
Bought by
Russell William K and Russell Merna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morgan Limited Liability Company | -- | None Available | |
| The Hankamer Cho Family Revocable Trust | -- | None Available | |
| Hanmaker Gary L | $1,365,000 | Progressive Title Company | |
| Russell William K | -- | Ticor Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Russell Merna | $660,000 | |
| Previous Owner | Russell William K | $680,000 | |
| Previous Owner | Russell William K | $499,999 | |
| Previous Owner | Russell William K | $375,000 | |
| Previous Owner | Russell William K | $249,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2018 06/04/18 | Sold | $1,365,000 | -2.4% | $644 / Sq Ft |
| 05/15/2018 05/15/18 | Pending | -- | -- | -- |
| 05/02/2018 05/02/18 | Price Changed | $1,399,000 | -1.8% | $660 / Sq Ft |
| 04/05/2018 04/05/18 | Price Changed | $1,425,000 | -1.7% | $672 / Sq Ft |
| 02/19/2018 02/19/18 | Price Changed | $1,450,000 | -3.3% | $684 / Sq Ft |
| 01/29/2018 01/29/18 | For Sale | $1,500,000 | -- | $708 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $17,190 | $1,522,681 | $964,923 | $557,758 |
| 2023 | $16,735 | $1,492,825 | $946,003 | $546,822 |
| 2022 | $16,920 | $1,463,554 | $927,454 | $536,100 |
| 2021 | $16,681 | $1,434,858 | $909,269 | $525,589 |
| 2020 | $16,369 | $1,420,146 | $899,946 | $520,200 |
| 2019 | $16,112 | $1,392,300 | $882,300 | $510,000 |
| 2018 | $4,088 | $357,021 | $240,994 | $116,027 |
| 2016 | $3,953 | $343,159 | $231,637 | $111,522 |
| 2015 | $3,905 | $338,005 | $228,158 | $109,847 |
| 2014 | $3,835 | $331,385 | $223,689 | $107,696 |
Source: Public Records
Agents Affiliated with this Home
-
Woody Stahl
Seller's Agent in 2018
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
11 in this area
147 Total Sales
-
Brett Lyon
Seller Co-Listing Agent in 2018
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
10 in this area
135 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18030747
APN: 4133-007-012
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