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945 Main St

El Segundo, CA 90245
  • $2,595,000
  • STATUS: Active Under Contract
  • ON SITE: 105 Days
  • MLS #: 21-755676
Under Contract
UPDATED: 13 min ago
$2,595,000
  • 9
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,012
    SQFT
  • $518
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:
Area:

School Ratings & Info

Description

$200,000 Price Reduction. Motivated sellers. Property is located in the coveted city El Segundo. The two buildings are comprised of two (2) 1 bed/1 bath units, one (1) 2 bed/1 bath unit, one (1) 2 bed/1.5 bath townhome, and one (1) 3 bed/2 bath unit with 5,012 rentable sq ft on a 6,700 sq ft lot. With an annual income of approximately $152,000, the property is being offered at above market averages for cap rate and GRM. New roofs were installed in 2019, and much of the plumbing and sewer lines have been replaced. Each unit is individually metered for gas and electric. There is an onsite laundry facility with owner owned machines. Walking distance to El Segundo High School and downtown El Segundo, with an abundance of shops and restaurants. Close proximity to the beach and 105, 405, 10 and 110 freeways. El Segundo is home to more Fortune 500 companies than any other city outside of San Francisco.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-15T15:43:11.76. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/118908387
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945 Main St El Segundo, CA 90245

  • Price: $2,595,000
  • Status: Active Under Contract
  • Updated: 13 min ago
  • MLS #: 21-755676
9
Beds
0
Baths
0
½ Baths
0.15
Acres
5,012
SQFT
$518
$/SQFT
1969
Built
Neighborhood:
El Segundo
County:
Los Angeles
Area:
El Segundo
Property Description
$200,000 Price Reduction. Motivated sellers. Property is located in the coveted city El Segundo. The two buildings are comprised of two (2) 1 bed/1 bath units, one (1) 2 bed/1 bath unit, one (1) 2 bed/1.5 bath townhome, and one (1) 3 bed/2 bath unit with 5,012 rentable sq ft on a 6,700 sq ft lot. With an annual income of approximately $152,000, the property is being offered at above market averages for cap rate and GRM. New roofs were installed in 2019, and much of the plumbing and sewer lines have been replaced. Each unit is individually metered for gas and electric. There is an onsite laundry facility with owner owned machines. Walking distance to El Segundo High School and downtown El Segundo, with an abundance of shops and restaurants. Close proximity to the beach and 105, 405, 10 and 110 freeways. El Segundo is home to more Fortune 500 companies than any other city outside of San Francisco.
Exterior Features

Carport Spaces Total 6 Lot Size Area 6700 Other Structures None Parking Garage Carport Total Parking 6

Interior Features

Baths Total 7.00 Cooling None Equipment None Heating Forced Air

Property Features

Assessed Total Value 123247 Gross Income 152100 Gross Operating Income 148337 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 102032.00 Number Of Buildings 2 Number Of Units 5 Owner Pays WaterGardener Sale Type Standard Source Living Area Title Company Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricityCable Tv Total Annual Expense 46305 Type Of Units 12And 3 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Esr3yy

Listing provided courtesy of Daniel Shieh DRE#01978847 of Lyon Stahl Investment Real Estate, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-15T15:43:11.76. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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