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.
Multi-familyProperty Type
1987Year Built
5,726 sq ftLot Size
$516Price/Sq.Ft.
1 garage spacesParking
Listed by Adam Peterson•DRE #01815802• CB Richard Ellis, Inc.
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
Interior features
Ceiling fan
Bedrooms
Multiple 2-bedroom units (five unit types listed)
Bathrooms
Each unit listed with 2 bathrooms
Kitchen
No specific kitchen appliance list provided
Laundry & utility
Propane dryer hookup
Gas dryer hookup
Heating & cooling
No heat
Ceiling fan (cooling)
Exterior features
Balcony
Deck(s)
Home design
Residential income property
Multi-level building (3 total floors)
One building on the lot
Parking
Driveway
Covered parking
1-car garage
Total of 10 parking spaces
Construction
No other structures
HOA & community
Complex contains 5 units
Financial info
Gross income reported at $176,654
Gross operating income reported at $176,654
Net operating income reported at $99,912
Total annual expenses reported at $71,443
Cap rate reported at 3.39%
Gross rent multiplier reported at 16.7
Vacancy rate reported at 1%
Rents by unit (actual): Units shown with rents approximately $2,700–$2,916; projected rents listed at $3,500 for units where provided
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...