Seller's Agent in 2025
Bill Ruane
RE/MAX
(310) 877-2374
238 in this area
431 Total Sales
848 Penn St El Segundo, CA 90245
4
Beds
3
Baths
1,793
Sq Ft
7,150
Sq Ft Lot
Highlights
- No Units Above
- Private Yard
- 1-Story Property
- Center Street Elementary Rated A+
- No HOA
About This Home
As of December 2025Nestled in a quiet El Segundo neighborhood, this well-maintained triplex sits on a 7,268 sq ft R2 lot and offers strong income potential. The property features three units: two 1-bed/1-bath units and one 2-bed/1-bath unit. The property has a history of steady and reliable rental income. A major value-add opportunity is in progress: plans and permits are underway for a two-story 2-bed/2-bath ADU (approx. 1,200–1,300 sq ft, pending city approval). All permit fees have been paid by the seller, and documentation from the Assessor’s Office is available upon request. This is a rare chance to invest in a turnkey property with immediate upside potential.
Last Agent to Sell the Property
Estate Properties Brokerage Phone: 310-877-2374 License #00972400 Listed on: 03/14/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1943
Lot Details
- 7,150 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Private Yard
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 1,793 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 30
- Tax Tract Number 2589
- Assessor Parcel Number 4133015014
- $289 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- Insurance Expense $5,000
- Maintenance Expense $1,000
- Trash Expense $1,000
- Water Sewer Expense $3,000
- New Taxes Expense $22,668
- Operating Expense $32,668
- Gross Income $82,200
- Net Operating Income $49,532
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2025
Closed on
Dec 11, 2025
Sold by
Z & M Investment Partners Llc
Bought by
Karunaratne Lalanke Thilochane and Gunawardena Sajeema Neranji
Seller's Agent
Bill Ruane
Estate Properties
Buyer's Agent
Dimuth Wijemanne
CENTURY 21 Affiliated
List Price
$1,889,000
Sold Price
$1,650,000
Premium/Discount to List
-$239,000
-12.65%
Views
189
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.79%
Original Mortgage
$1,625,500
Outstanding Balance
$1,625,500
Interest Rate
6.22%
Mortgage Type
Seller Take Back
Estimated Equity
$167,115
Purchase Details
Closed on
Feb 22, 2018
Sold by
Wall Margaret Roxanne Grant
Bought by
Wall Margaret and Grant Edward B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 12, 2018
Sold by
Wall Richard H
Bought by
Wall Margaret and Grant Edward B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 2, 2012
Sold by
Wall Margaret Roxanne Grant
Bought by
The 1776 Group Llc
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 |
|---|---|---|---|
| Grant Deed | $1,650,000 | Upward Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,625,500 | Seller Take Back | |
| Previous Owner | $550,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/17/2025 12/17/25 | Sold | $1,650,000 | -2.9% | $920 / Sq Ft | |
| 12/01/2025 12/01/25 | Pending | -- | -- | -- | |
| 09/25/2025 09/25/25 | Price Changed | $1,699,000 | -2.3% | $948 / Sq Ft | |
| 09/14/2025 09/14/25 | Price Changed | $1,739,000 | -3.3% | $970 / Sq Ft | |
| 07/24/2025 07/24/25 | Price Changed | $1,799,000 | +2.5% | $1,003 / Sq Ft | |
| 07/24/2025 07/24/25 | Price Changed | $1,755,000 | -2.4% | $979 / Sq Ft | |
| 05/08/2025 05/08/25 | Price Changed | $1,799,000 | -4.8% | $1,003 / Sq Ft | |
| 03/14/2025 03/14/25 | For Sale | $1,889,000 | +23.5% | $1,054 / Sq Ft | |
| 01/06/2021 01/06/21 | Sold | $1,530,000 | -4.3% | $853 / Sq Ft | View Prior Sale |
| 10/31/2020 10/31/20 | Pending | -- | -- | -- | |
| 05/07/2020 05/07/20 | For Sale | $1,598,000 | +4.4% | $891 / Sq Ft | |
| 05/06/2020 05/06/20 | Off Market | $1,530,000 | -- | -- | |
| 04/27/2020 04/27/20 | For Sale | $1,598,000 | -- | $891 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $18,298 | $1,656,120 | $1,082,432 | $573,688 |
| 2024 | $18,298 | $1,623,648 | $1,061,208 | $562,440 |
| 2023 | $17,813 | $1,591,812 | $1,040,400 | $551,412 |
| 2022 | $18,011 | $1,560,600 | $1,020,000 | $540,600 |
| 2021 | $6,966 | $584,146 | $476,624 | $107,522 |
| 2020 | $6,838 | $578,617 | $471,737 | $106,880 |
| 2019 | $6,654 | $567,282 | $462,488 | $104,794 |
| 2018 | $6,219 | $556,169 | $453,420 | $102,749 |
| 2016 | $6,031 | $534,132 | $435,814 | $98,318 |
| 2015 | $5,956 | $526,110 | $429,268 | $96,842 |
| 2014 | $5,846 | $515,805 | $420,860 | $94,945 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Ruane
-
Heba Abulazm
H
Seller Co-Listing Agent in 2025
Heba Abulazm
Real Estate Source, Inc.
(310) 940-1999
3 in this area
28 Total Sales
-
Dimuth Wijemanne
Buyer's Agent in 2025
Dimuth Wijemanne
CENTURY 21 Affiliated
(949) 551-7000
1 in this area
123 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25056069
APN: 4133-015-014
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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
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