Local rules require you to be signed in to see more photos.

Off market dec 2025 for $1.6M

—

Est. refi paymentEst. refi $2,689/mo

•

1,793

sq ft

848 Penn St, El Segundo, CA 90245

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.

Multi-familyProperty Type

1943Year Built

7,150 sq ftLot Size

$920Price/Sq.Ft.

Listed by Bill Ruane •DRE #00972400 • Estate Properties

Listed by Heba Abulazm •DRE #01391926 • Real Estate Source, Inc.

Contact: 310-877-2374

Bought with Dimuth Wijemanne •DRE #01224890 • CENTURY 21 Affiliated

Redfin checked: 2 minutes ago

•Source:CRMLS #SB25056069

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 90245, CA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.7%

1.6% MoM

Median sale price

$1.7M

$55K MoM

Avg. days on market

48d

17 days MoM

Recently sold homes

9 MoM

Provided by Redfin

Sale history for 848 Penn St

Date

Event

Price

CRMLS #SB25056069

Dec 17, 2025

Sold

$1,650,000

$920/sq ft

Dec 11, 2025

Pending

—

Sep 25, 2025

Price Changed

$1,699,000

$948/sq ft

Sep 14, 2025

Price Changed

$1,739,000

$970/sq ft

Jul 24, 2025

Price Changed

$1,799,000

$1,003/sq ft

Jul 24, 2025

Price Changed

$1,755,000

$979/sq ft

May 8, 2025

Price Changed

$1,799,000

$1,003/sq ft

Mar 14, 2025

Listed

$1,889,000

$1,054/sq ft

CRMLS #SB20077447

Jan 6, 2021

Sold

$1,530,000

$853/sq ft

Dec 7, 2020

Pending

—

Nov 8, 2020

Contingent

—

May 7, 2020

Relisted

—

May 6, 2020

Delisted

—

Apr 27, 2020

Listed

$1,598,000

$891/sq ft

848-850-852 Penn St -Three well-maintained units with vintage charm and modern upgrades in a large lot. This triplex has hardwood floors throughout, double-pane windows, forced air heat with wall thermostats. Electric and gas are separately metered. 848 Penn St is one bedroom/ one bath unit. The kitchen and bathroom recently upgraded and has a fenced back patio area. 850 Penn St is one bedroom/ one bath unit with a fenced back patio area. 852 Penn St is two bedrooms/ one bathroom unit. The kitchen and bathroom recently upgraded and has covered patio and large, fenced, private backyard. (Can also be purchased together with the Triplex: 842 Penn St, MLS ID: SB20077442)

CRMLS #S159923

Dec 22, 2012

Price Changed

$164,900

$92/sq ft

Dec 22, 2012

Price Changed

$164,900

$92/sq ft

Dec 22, 2012

Price Changed

$164,900

$92/sq ft

Dec 22, 2012

Price Changed

$164,900

$92/sq ft

Dec 1, 1998

Price Changed

$365,000

$204/sq ft

Dec 1, 1998

Price Changed

$365,000

$204/sq ft

Dec 1, 1998

Price Changed

$365,000

$204/sq ft

Dec 1, 1998

Price Changed

$365,000

$204/sq ft

Dec 1, 1998

Price Changed

$365,000

$204/sq ft

Aug 26, 1998

Listed

$164,900

$92/sq ft

CRMLS #S130534

Aug 13, 1997

Listing Removed

—

May 7, 1997

Listed

$349,900

$195/sq ft

Public Records

Nov 30, 1989

Sold

$108,000

$60/sq ft

Public Records

Nov 30, 1989

Sold

$292,000

$163/sq ft

Public Records

Aug 10, 1988

Sold

$108,500

$61/sq ft

Public Records

Jun 3, 1988

Sold

$108,500

$61/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$18,708 (+2.2%)

$1,425,000 + $225,000

$1,650,000

2024

$18,298 (+2.7%)

$1,082,432 + $573,688

$1,656,120

2023

$17,813 (−1.1%)

$1,061,208 + $562,440

$1,623,648

2022

$18,011 (+158.5%)

$1,040,400 + $551,412

$1,591,812

2021

$6,966 (+1.9%)

$1,020,000 + $540,600

$1,560,600

2020

$6,838 (+2.8%)

$476,624 + $107,522

$584,146

2019

$6,654 (+7.0%)

$471,737 + $106,420

$578,157

2018

$6,219 (−2.4%)

$462,488 + $104,334

$566,822

2017

$6,369 (+5.6%)

$444,530 + $100,284

$544,814

2016

$6,030 (+1.3%)

$444,530 + $100,284

$544,814

2015

$5,955 (+1.9%)

$435,814 + $98,318

$534,132

2014

$5,845 (+3.1%)

$420,860 + $94,945

$515,805

2012

$5,672 (+4.4%)

$418,958 + $94,516

$513,474

2011

$5,434 (−2.4%)

$410,744 + $92,663

$503,407

2010

$5,565 (+2.7%)

$402,691 + $90,847

$493,538

2009

$5,421 (+1.1%)

$399,682 + $90,169

$489,851

2008

$5,362

$400,632 + $90,384

$491,016

Tax history for 848 Penn St

Year

Property tax

Land + Additions

Assessment*

2025

$18,708 (+2.2%)

$1,425,000 + $225,000

$1,650,000

2024

$18,298 (+2.7%)

$1,082,432 + $573,688

$1,656,120

2023

$17,813 (−1.1%)

$1,061,208 + $562,440

$1,623,648

2022

$18,011 (+158.5%)

$1,040,400 + $551,412

$1,591,812

2021

$6,966 (+1.9%)

$1,020,000 + $540,600

$1,560,600

2020

$6,838 (+2.8%)

$476,624 + $107,522

$584,146

2019

$6,654 (+7.0%)

$471,737 + $106,420

$578,157

2018

$6,219 (−2.4%)

$462,488 + $104,334

$566,822

2017

$6,369 (+5.6%)

$444,530 + $100,284

$544,814

2016

$6,030 (+1.3%)

$444,530 + $100,284

$544,814

2015

$5,955 (+1.9%)

$435,814 + $98,318

$534,132

2014

$5,845 (+3.1%)

$420,860 + $94,945

$515,805

2012

$5,672 (+4.4%)

$418,958 + $94,516

$513,474

2011

$5,434 (−2.4%)

$410,744 + $92,663

$503,407

2010

$5,565 (+2.7%)

$402,691 + $90,847

$493,538

2009

$5,421 (+1.1%)

$399,682 + $90,169

$489,851

2008

$5,362

$400,632 + $90,384

$491,016

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

7,150 Sq. Ft.

Year renovated

1944

Sq. Ft.

1,793

Year built

1943

Style

Multi-Family (2-4 Unit)

County

Los Angeles County

APN

4133015014

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 6, 2026.

R-2

Two-Family Residential Zone

The purpose of this zone is to provide consistency with and implement policies related to those locations which are designated Two-Family on the General Plan land use map and in the text. This zone is to provide for and promote the development of single-family and two-family homes within a safe and healthy environment for existing and future residents.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Other
Park & open space

Property details

Parking

Parking / Garage Information
None

Interior

Laundry Information
None

Interior Features
Entry Level: 1
Entry Location: Street
Levels: One

Unit Type 1 Information
Unit Key Numeric: 402041542
Listing Key Numeric: 374084948
Actual Rent: $2,250
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $2,250
Total # of Units: 1

Unit Type 2 Information
Unit Key Numeric: 402041543
Listing Key Numeric: 374084948
Actual Rent: $1,900
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $1,900
Total # of Units: 1

Unit Type 3 Information
Listing Key Numeric: 374084948
Unit Key Numeric: 402041544
Actual Rent: $2,850
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $2,850
Total # of Units: 1

Expenses
Trash: $1,000
Total: $32,668
Maintenance: $1,000
Insurance: $5,000
Water Sewer: $3,000
New Taxes: $22,668

Multi-Unit Information
Net Operating Income: $49,532
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 1,793
Gross Scheduled Income: $82,200
Gross Multiplier: 22.98
Gross Income: $82,200
# Of Leased Units: 3
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
# Of Buildings: 1

Exterior

Exterior Features
Pool Features: None

Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Yard
Lot Dimensions Source: Assessor

Property Information
Total # of Units: 3
Common Walls: 1 common wall, No one above, No one below
Parcel Number: 4133015014
Attached Property
Total # of Stories: 1
Year Built Source: Assessor
Property ADU: No

Financial

Lease / Rental Details
Operating Expense: $32,668
Rent Control
Total Actual Rent: $6,650

Utilities

Utilities Information
Sewer: Public Sewer
Water Source: District/Public

Location

Neighborhood Information
Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lighting, Suburban

Location Information
Latitude: 33.92851200
Longitude: -118.40943500
Directions: From Main St., East on Walnut, South on Penn St.
Zoning: ESR2YY

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 1,793
Stories: —
Lot Size: 7,150 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1943
Year Renovated: 1944
County: Los Angeles County
APN: 4133015014

Home facts updated by county records on Oct 6, 2026

Other

Listing Information
IDX Contact Info: 310-877-2374
Days Active in MLS: 262
Continuous Days Active in MLS: 262

Listing Agent Information
List Agent First Name: Bill
List Agent Last Name: Ruane
Co-List Agent First Name: Heba
Co-List Agent Last Name: Abulazm

Listing Office Information
List Office Name: Estate Properties
Co-List Office Name: Real Estate Source, Inc.

Selling Agent Information
Buyer Agent First Name: Dimuth
Buyer Agent Last Name: Wijemanne

Selling Office Information
Buyer Office Name: CENTURY 21 Affiliated

Around this home

Schools

Center Street Elementary

Public K-5 • Assigned • 0.4mi

9/10

El Segundo Middle School

Public 6-8 • Assigned • 0.6mi

9/10

El Segundo High School

Public 9-12 • Assigned • 0.5mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 11-17% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 83° expected this year, 19 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

El Segundo, CA • 90245

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 6.7 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

6.7 hrs

JuneDecember

Provided by Shadowmap

Work with an experienced agent and save on fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$6,495,000

7 beds3 baths2,628 sq ft

223 32nd St, Manhattan Beach, CA 90266

$1,499,000

5 beds3 baths1,919 sq ft

8132 Pershing Dr, Playa Del Rey, CA 90293

$1,750,000

4 beds2 baths1,520 sq ft

627 E Grand Ave, El Segundo, CA 90245

$7,300,000

5 beds5 baths4,713 sq ft

5317 Ocean Front Walk, Marina del Rey, CA 90292

$3,045,000

6 beds5 baths3,692 sq ft

1250 Manhattan Bch, Manhattan Beach, CA 90266

Marcus & Millichap

$859,000

5 beds3 baths1,980 sq ft

9024 Reading Ave, Los Angeles, CA 90045

Home values near 848 Penn St

Data from public records.

Address	Redfin Estimate
857 Penn Street, El Segundo, CA 5 Beds \| 3 Baths \| 2230 Sq. Ft.	$1,811,648
845 Penn Street, El Segundo, CA 4 Beds \| 5 Baths \| 3512 Sq. Ft.	$1,476,079

Address	Redfin Estimate
853 Penn Street, El Segundo, CA 2 Beds \| 1 Baths \| 926 Sq. Ft.	$1,219,308
841 Penn Street, El Segundo, CA 4 Beds \| 2 Baths \| 1690 Sq. Ft.	—

Address	Redfin Estimate
849 Penn Street, El Segundo, CA 2 Beds \| 1 Baths \| 714 Sq. Ft.	$1,333,474
837 Penn Street, El Segundo, CA 6 Beds \| 4.5 Baths \| 3775 Sq. Ft.	$2,287,936

Property information provided by CRMLS when last listed in 2025. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

90045 homes for sale
90080 homes for sale
90083 homes for sale
90266 homes for sale
90245 homes for sale

Houses for rent in El Segundo	Agents near me	Irvine, CA homes for sale	El Segundo Housing Market
Houses for sale near me	San Diego, CA homes for sale	Fremont, CA homes for sale
Land for sale near me	San Francisco, CA homes for sale	Sacramento, CA homes for sale
Open Houses near me	Los Angeles, CA homes for sale	El Segundo Property Records
Condos for sale near me	San Jose, CA homes for sale	CA New Listings

Aviation Corridor homes for sale
Silicon Beach homes for sale

Pasadena homes for sale
Los Angeles homes for sale
Long Beach homes for sale

About this home

Redfin Estimate

Market trends in 90245, CA

Sale history for 848 Penn St

Tax history for 848 Penn St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

Home values near 848 Penn St

More real estate resources