336 Penn Street, El Segundo, CA 90245

$3,076,750
Sold Price
$3,076,750
List Price
$3,500,000
Closing Date
Sep 08, 2023
Status
CLOSED
MLS#
SB23089126
Year Built
1987
Lot Size
5,721
Acres
0.13
Lot Location
Near Park
Days on Market
27
Property Type
Multifamily
Property Sub Type
Mixed Use

Property Description

Prime 5 unit building located in the heart of the coastal community of El Segundo. This investment opportunity checks all of the boxes: Located next to Recreation Park, all 2 bedroom, 2 bathroom units with open kitchens, fireplaces and balconies, walk to downtown, quiet neighborhood, lots of parking (10- 1 car garages), newer building (1987 built), onsite laundry, No Local Rent Control - Defaults to AB 1482. Recently upgraded on the exterior, this Cape Cod Style property screams the California Beach Life. All units are in great shape with one of the units just having completed a remodel with upside potential for the 4 additional units. Located in a very quiet location close to downtown El Segundo, all major freeways, LAX and Manhattan Beach. Award winning schools. You will not find a better building in all of the South Bay. This is a very unique offering.

Additional Information

Appliances
Dishwasher, Disposal, Refrigerator
Pool Description
None
Fireplace Description
Living Room
Cooling Description
None
Garage Spaces Total
10
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$159,600

Listing courtesy of Listing Agent: Chad Fahlbusch (SouthBayChad@gmail.com) from Listing Office: Strand Hill Properties.

Listing sold by William Joseph from Joseph Group

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.