NOT LISTED FOR SALE
8 Beds
12 Baths
5,500 Sq Ft
5,433 Sq Ft Lot

Sale Details

Date Sold: October 27, 2023

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

4 Days on Market

Highlights

  • Neighborhood Views
  • Central Heating
  • Wood Burning Fireplace
  • Laundry Room
  • Level Lot
  • Carpet

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 Agent to Sell the Property

Julie DeCoste

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

Estate Properties

Last Buyer's Agent

Bill Ruane

Estate Properties License #00972400

Estate Properties
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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

  • Entry on the 1st floor
  • 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

5,433 Sq Ft Lot

Parking

6

Listing Details

  • Assessments: Yes
  • 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
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2023
Closed on
Oct 3, 2023
Sold by
Bought by
Seller's Agent
Julie DeCoste
Estate Properties
Buyer's Agent
Bill Ruane
Estate Properties
List Price
$2,500,000
Sold Price
$2,500,000
Views
16

Purchase Details

Closed on
Sep 7, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 2017
Sold by
Bought by

Purchase Details

Closed on
May 1, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,500,000 Wfg National Title
-- None Available
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $25,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $29,328 $2,550,000 $1,708,500 $841,500
2024 $28,678 $2,500,000 $1,675,000 $825,000
2023 $6,477 $501,830 $111,010 $390,820
2022 $6,536 $491,991 $108,834 $383,157
2021 $6,444 $482,345 $106,700 $375,645
2019 $6,259 $468,040 $103,536 $364,504
2018 $5,838 $458,863 $101,506 $357,357
2016 $5,576 $441,046 $97,565 $343,481
2015 $5,515 $434,422 $96,100 $338,322
2014 $5,441 $425,913 $94,218 $331,695
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23159496

California Regional Multiple Listing Service (CRMLS)
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