REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,699,000
Est. payment /mo
Price Dropped by $40K
848 Penn ST El Segundo, CA 90245
7,148 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25056069
HOA Y/N No
Year Built 1943
Lot Size 7,148 Sqft
Lot Dimensions Assessor
Property Sub-Type Triplex
Property Description
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.
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.
Location
State CA
County Los Angeles
Area 141 - El Segundo
Zoning ESR2YY
Interior
Fireplace No
Laundry None
Exterior
Parking Features None
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
Private Pool No
Building
Lot Description Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4133015014
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Bill Ruane Estate Properties 310-877-2374
