601 W Grand Ave El Segundo, CA 90245
6
Beds
5
Baths
3,167
Sq Ft
6,419
Sq Ft Lot
Highlights
- No HOA
- Cooling Available
- Heating Available
- Richmond Street Elementary School Rated A
- Laundry Room
- 4-minute walk to Candy Cane Park
About This Home
As of April 2025Rare Opportunity to Own a Non-Rent Control 4-Unit Apartment Building in El Segundo. No local rent control, state and county rent control only.
Discover this exceptional 4-unit apartment building in El Segundo, ideally situated within walking distance to the beach. Just minutes from downtown El Segundo, renowned for its diverse shopping, grocery options, and dining experiences, this property perfectly combines coastal charm with urban convenience. Plumbing is approximately 80% copper. Over $4000 upgraded roof work recently completed.
Located merely one block from the beach, the front unit includes a private yard, offering a serene retreat in this highly sought-after coastal community. Additionally, the property boasts 5 garage spaces, ensuring ample parking and convenience for residents.
Last Agent to Sell the Property
Estate Properties Brokerage Phone: 310-877-2374 License #00972400 Listed on: 07/12/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,907
Year Built
- Built in 1925
Lot Details
- 6,419 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 5 Car Garage
Home Design
- Apartment
Interior Spaces
- 3,167 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Legal Lot and Block 14 / 50
- Tax Tract Number 6201
- Assessor Parcel Number 4131011013
- $430 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $4,656
- Gardener Expense $1,820
- Insurance Expense $2,004
- Pest Control $1,192
- Trash Expense $1,186
- New Taxes Expense $15,490
- Gross Income $88,323
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2024
Closed on
Mar 14, 2025
Sold by
Allen Lauri
Bought by
Allen Russel Greene
Seller's Agent
Bill Ruane
Estate Properties
Buyer's Agent
Julie DeCoste
Estate Properties
List Price
$2,200,000
Sold Price
$1,825,000
Premium/Discount to List
-$375,000
-17.05%
Views
92
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,243
Avg. Annual Appreciation
8.51%
Original Mortgage
$1,000,000
Outstanding Balance
$995,206
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$890,368
Purchase Details
Listed on
Jul 12, 2024
Closed on
Feb 25, 2025
Sold by
Vasak Family Trust and Vasak Helen M
Bought by
Allen Madison Marie and Caswell-Levy Caleb Mark
Seller's Agent
Bill Ruane
Estate Properties
Buyer's Agent
Julie DeCoste
Estate Properties
List Price
$2,200,000
Sold Price
$1,825,000
Premium/Discount to List
-$375,000
-17.05%
Views
92
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$995,206
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$890,368
Purchase Details
Closed on
Apr 9, 2009
Sold by
Lidster Linda L and Linda L Lidster Trust
Bought by
Vasak Richard C and Vasak Helen M
Purchase Details
Closed on
Apr 7, 2003
Sold by
Kaiser Laura Ann
Bought by
Toellner Jon D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.38%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 28, 2003
Sold by
Toellner Jon D
Bought by
Lidster Linda L and Linda L Lidster Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.38%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Apr 22, 2002
Sold by
Rossi Fermo A and F A Rossi Family Trust
Bought by
Toellner Jon D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
7.5%
Purchase Details
Closed on
Apr 24, 1995
Sold by
Rossi Fermo A and Rossi Joe G
Bought by
Rossi Fermo A and F A Rossi Family Trust
Similar Homes in El Segundo, CA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Monarch Title | |
| Grant Deed | $1,825,000 | Monarch Title | |
| Grant Deed | $1,105,000 | Progressive Title Company | |
| Interfamily Deed Transfer | -- | Fidelity | |
| Grant Deed | $640,000 | Fidelity | |
| Grant Deed | $465,000 | Fidelity Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Previous Owner | $199,000 | Credit Line Revolving | |
| Previous Owner | $480,000 | Negative Amortization | |
| Previous Owner | $348,750 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Sold | $1,825,000 | -8.7% | $576 / Sq Ft |
| 02/09/2025 02/09/25 | Pending | -- | -- | -- |
| 01/07/2025 01/07/25 | Price Changed | $1,998,000 | -9.2% | $631 / Sq Ft |
| 08/18/2024 08/18/24 | For Sale | $2,200,000 | 0.0% | $695 / Sq Ft |
| 08/07/2024 08/07/24 | Pending | -- | -- | -- |
| 07/23/2024 07/23/24 | For Sale | $2,200,000 | 0.0% | $695 / Sq Ft |
| 07/12/2024 07/12/24 | For Sale | $2,200,000 | +20.5% | $695 / Sq Ft |
| 07/11/2024 07/11/24 | Pending | -- | -- | -- |
| 07/11/2024 07/11/24 | Off Market | $1,825,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $15,907 | $1,422,969 | $1,030,208 | $392,761 |
| 2024 | $15,907 | $1,395,068 | $1,010,008 | $385,060 |
| 2023 | $15,490 | $1,367,714 | $990,204 | $377,510 |
| 2022 | $15,659 | $1,340,897 | $970,789 | $370,108 |
| 2021 | $15,447 | $1,314,605 | $951,754 | $362,851 |
| 2019 | $14,924 | $1,276,295 | $923,525 | $352,770 |
| 2018 | $13,984 | $1,251,284 | $905,417 | $345,867 |
| 2016 | $13,542 | $1,202,043 | $870,259 | $331,784 |
| 2015 | $13,373 | $1,183,988 | $857,187 | $326,801 |
| 2014 | $13,100 | $1,160,796 | $840,396 | $320,400 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Ruane
Seller's Agent in 2025
Bill Ruane
RE/MAX
(310) 877-2374
243 in this area
436 Total Sales
-
Julie DeCoste
Buyer's Agent in 2025
Julie DeCoste
RE/MAX
(310) 308-2831
2 in this area
57 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24139586
APN: 4131-011-013
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.
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
Nearby Homes
- 224 Whiting St
- 360 Hillcrest St
- 118 Virginia St
- 631 W Pine Ave
- 724 W Pine Ave
- 123 Richmond St
- 412 Richmond St
- 573 W Palm Ave
- 715 W Palm Ave
- 742 Loma Vista St
- 536 W Maple Ave
- 403 E Pine Ave
- 618 Arena St
- 125 W Sycamore Ave
- 208 W Walnut Ave
- 622 Sheldon St
- 709 Redwood Ave
- 318 E Maple Ave
- 931 Hillcrest St
- 900 Cedar St Unit 308