848 Penn St El Segundo, CA 90245
Estimated payment $10,436/month
Highlights
- No Units Above
- Private Yard
- 1-Story Property
- Center Street Elementary Rated A+
- No HOA
About This Home
Nestled 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.
Listing Agent
Estate Properties Brokerage Phone: 310-877-2374 License #00972400 Listed on: 03/14/2025
Co-Listing Agent
Real Estate Source, Inc. Brokerage Phone: 310-877-2374 License #01391926
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,298
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 |
Purchase History
| Date | Type | Sale Price | 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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $550,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25056069
APN: 4133-015-014
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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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