NO LOCAL RENT CONTROL! 1-Unit Delivered Vacant! Ideally situated in El Segundo, a city renowned for its aerospace and technology corridors, providing high demand for rental housing. The five-unit configuration offers a manageable scale for investors, while the 10-bedroom/10-bathroom total floor plan provides flexibility in tenant offerings. Balcony inspection has been completed. Washer/Dryer Hook-Up in every unit For more information reach out to Listing Brokers.
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Richmond Street Elementary School
Public K-5 • Assigned • 0.5mi
10/10
El Segundo Middle School
Public 6-8 • Assigned • 0.9mi
9/10
El Segundo High School
Public 9-12 • Assigned • 0.5mi
10/10
Provided by GreatSchools
About
Downtown
Downtown, located between El Segundo Beach and Los Angeles International Airport, is a walkable and historic El Segundo neighborhood with a compact main street grid and a strong small-town feel. The neighborhood’s character concentrates around Main Street at Grand Avenue, where sidewalk patios, independent boutiques, and coffee counters keep the blocks active. Local pillars include El Segundo Brewing Company, Old Town Music Hall, and the Automobile Driving Museum. Early-20th-century storefronts and low-rise commercial buildings frame a tidy, pedestrian-first core. Tree-lined residential streets sit just beyond the retail spine, with pocket parks and civic buildings close by. The coastal edge and industrial heritage remain visible in the flat, breezy landscape.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Bedrooms
Five units, each with 2 bedrooms
Bathrooms
Five units, each with 2 bathrooms
Laundry & utility
Propane and gas dryer hookups
Heating & cooling
Ceiling fans
No heat
Exterior features
Balconies
Decks
Home design
Residential income property
Three stories
Multi-level
Parking
Driveway
One-car garage
Covered parking
10 total parking spaces
HOA & community
Five units in the complex
Financial info
Gross income: $183,660
Gross operating income: $183,660
Net operating income: $106,368
Total annual expenses: $71,782
Cap rate: 3.61%
Gross rent multiplier: 16.06
Vacancy rate: 2%
Actual figures reported
Unit rents: $2,700, $2,700, $3,500, and $2,905; one unit has no rent listed
Projected rent: $3,500 per unit
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of this zone is to provide consistency with and implement policies related to those locations which are designated Multi-Family on the General Plan land use map and in the General Plan text. This zone is to provide for the development of multi-family complexes with amenities for children and adults and promote a safe and healthy environment for existing and future residents.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Park & open space
Local insights from Redfin agents
The Los Angeles County market is becoming more balanced, giving buyers a little more room to negotiate while well-priced homes can still attract strong interest. With homes taking longer to sell and buyers becoming more selective, pricing and...