NOT LISTED FOR SALE

834 Penn St El Segundo, CA 90245

Estimated Value: $1,769,000 - $2,030,568

4 Beds
3 Baths
1,793 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $1,835,000 $1,023 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,779/month

6 Days on Market

Highlights

  • Bike Trail
  • Center Street Elementary Rated A+
  • Back Yard

About This Home

As of August 2022

834 Penn Street is a well-positioned triplex located on a quiet residential street in El Segundo situated on a huge 55’ x 136’ lot. The private backyard offers room for a potential ADU for an investor to maximize income. El Segundo has a very strong rental market, great restaurants, top tier schools, and easy access to the beach and freeways. This building is in immaculate condition and great asset for an owner-user or investor that wants a solid hedge against inflation!

Last Agent to Sell the Property

Woody Stahl

Lyon Stahl Investment Real Est License #01399621 Listed on: 07/11/2022

Lyon Stahl Investment Real Est

Co-Listed By

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818

Last Buyer's Agent

Barry Host

Vista Sotheby’s International Realty License #01427294

Vista Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,019

Year Built

  • Built in 1943

Lot Details

  • 7,489 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Home Design

  • 1,793 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 2589
  • Assessor Parcel Number 4133015010
  • $264 per year additional tax assessments

Community Details

Overview

  • 3 Units

Recreation

  • Bike Trail

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $897
  • Maintenance Expense $4,347
  • Other Expense $2,400
  • New Taxes Expense $21,678
  • Operating Expense $30,522
  • Gross Income $84,332
  • Net Operating Income $53,810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,019

Year Built

Built in 1943

Lot Details

0

Listing Details

  • CapRate: 2.87
  • Price Per Unit: 625000
  • Property Attached: Yes
  • Zoning: ESR2YY
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4133015010
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 1023.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7489.00
  • Lot Size Acres: 0.1719

Multi Family

  • Gross Income: 84332.00
  • Gross Multiplier: 21.57
  • Gross Scheduled Income: 86940.00
  • Insurance Expense: 897.00
  • Lot Size Area: 7489.0000 Square Feet
  • Maintenance Expense: 4347.00
  • Net Operating Income: 53810.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 30522.00
  • Other Expense: 2400.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Actual Rent: 7245.00
  • Total Expenses: 30522.00

Tax Info

  • New Taxes Expense: 21678.00
  • Tax Census Tract: 6200.01
  • Tax Lot: 26
  • Tax Tract Number: 2589
  • TaxOtherAnnualAssessmentAmount: 264.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 8, 2022
Sold by
Dimaria Michael T and Dimaria Mary A
Bought by
Hilby Family Revocable Trust
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Barry Host
Vista Sotheby’s International Realty
List Price
$1,875,000
Sold Price
$1,835,000
Premium/Discount to List
-$40,000
-2.13%
Views
6
Current Estimated Value
$1,891,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,142
Avg. Annual Appreciation
1.02%
Original Mortgage
$1,101,000
Outstanding Balance
$1,040,263
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$853,141

Purchase Details

Listed on
Jun 28, 2017
Closed on
Aug 17, 2017
Sold by
Robinson Matthew A
Bought by
Dimaria Michael T and Dimaria Mary A
Seller's Agent
Scot Nicol
Compass
Buyer's Agent
Stacey Valnes
Create
List Price
$1,399,000
Sold Price
$1,347,018
Premium/Discount to List
-$51,982
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$570,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 3, 2011
Sold by
Robinson Laurence C
Bought by
Robinson Matthew A and Robinson Kelsey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2009
Sold by
Robinson Laura W
Bought by
Robinson Laurence C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2009
Sold by
Smalley Diane C and Estate Of Deborah L Smalley
Bought by
Robinson Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
5.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hilby Family Revocable Trust $1,835,000 Lawyers Title
Dimaria Michael T $1,347,500 Progressive Title
Robinson Matthew A -- Progressive Title Company
Robinson Laurence C -- Provident Title Company
Robinson Matthew A $745,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilby Family Revocable Trust $1,101,000
Previous Owner Dimaria Michael T $570,000
Previous Owner Robinson Matthew A $600,000
Previous Owner Robinson Laurence C $562,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $1,835,000 -2.1% $1,023 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $1,875,000 +39.2% $1,046 / Sq Ft
09/30/2017 09/30/17 Sold $1,347,018 -3.7% $751 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $1,399,000 -- $780 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,019 $1,909,134 $832,320 $1,076,814
2024 $21,019 $1,871,700 $816,000 $1,055,700
2023 $20,459 $1,835,000 $800,000 $1,035,000
2022 $16,659 $1,444,254 $1,011,086 $433,168
2021 $16,435 $1,415,936 $991,261 $424,675
2019 $15,874 $1,373,940 $961,860 $412,080
2018 $14,928 $1,347,000 $943,000 $404,000
2016 $9,099 $805,073 $429,729 $375,344
2015 $8,986 $792,981 $423,275 $369,706
2014 $8,807 $777,448 $414,984 $362,464
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22147176

California Regional Multiple Listing Service (CRMLS)

APN: 4133-015-010