NOT LISTED FOR SALE

924 Main St El Segundo, CA 90245

8 Beds
12 Baths
5,500 Sq Ft
5,433 Sq Ft Lot

Last Sold October 27, 2023

Last sale price $2,500,000 $455 Per Sq Ft

4 Days on Market

Highlights

  • Neighborhood Views
  • Laundry Room
  • Level Lot
  • Richmond Street Elementary School Rated A
  • Central Heating
  • Wood Burning Fireplace

About This Home

As of October 2023

First time on the market! Great investment opportunity 5 unit apartment complex just a short walk to downtown El Segundo. All units are townhome style, no one above or below you. This complex consists of one 3 bedroom with 2 1/2 baths, one 2 bedroom with 2 1/2 baths and 3 one bedrooms with 1 1/2 baths. Each unit has it's own garage and the 3 bedroom is currently using 2 garages. There is a laundry room on site for all units to use.

Last Listed By

Julie DeCoste

Estate Properties License #01866764 Listed on: 08/26/2023

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1978

Lot Details

  • 5,433 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 6 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 5,500 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Neighborhood Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 6 / 104
  • Tax Tract Number 1
  • Assessor Parcel Number 4132019011

Community Details

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $189
  • Gardener Expense $1,125
  • Insurance Expense $3,965
  • Professional Management Expense $5,702
  • Trash Expense $4,399
  • Water Sewer Expense $2,953
  • Operating Expense $33,254
  • Gross Income $99,333
  • Net Operating Income $66,078

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1978

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Price Per Unit: 500000
  • Professional Management Expense: 5702.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2953.00
  • Zoning: ESR3YY
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1125.00
  • Parcel Number: 4132019011
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Wood Burning
  • Levels: Two
  • Price Per Square Foot: 454.55

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Common Area, Dryer Included, Individual Room, Washer Included
  • Sewer: Sewer Paid
  • Trash Expense: 4399.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5433.00
  • Lot Size Acres: 0.1247

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 904 Square Feet
  • Average2 Bed Area: 1243 Square Feet
  • Average3 Bed Area: 1409 Square Feet
  • Electric Expense: 189.00
  • Gross Income: 99333.00
  • Gross Operating Income: 99333.00
  • Gross Scheduled Income: 99333.00
  • Insurance Expense: 3965.00
  • Lot Size Area: 5433.0000 Square Feet
  • Net Operating Income: 66078.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Number With Carpet: 5
  • Number With Dishwasher: 5
  • Number With Disposal: 5
  • Number With Patio: 3
  • Number With Range: 5
  • Number With Refrigerator: 1
  • Operating Expense: 33254.00
  • Rent Control: No
  • Total Expenses: 33254.00

Tax Info

  • Tax Block: 104
  • Tax Census Tract: 6201.01
  • Tax Lot: 6
  • Tax Tract Number: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $2,500,000 0.0% $455 / Sq Ft
08/30/2023 08/30/23 For Sale $2,500,000 0.0% $455 / Sq Ft
08/29/2023 08/29/23 Off Market $2,500,000 -- --
08/26/2023 08/26/23 For Sale $2,500,000 -- $455 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23159496

California Regional Multiple Listing Service (CRMLS)