349 Virginia Street , El Segundo, CA 90245
El Segundo, CA 90245
Description
Located on a beautiful, tree-lined street in an idyllic location, this 7-unit walk-up apartment building is surrounded by well maintained apartments, townhomes, condominiums and single family homes, and offers an amazing opportunity for investment in one of the most highly sought after suburbs in Los Angeles. Built in 1978 by the family that still owns it, and meticulously maintains it, this is the first time this building has been on the market. There is 6,640 square feet of living space on a 50 X 143 Street to alley lot with 9 private garages (garages have been earthquake retrofit) and an additional 4 tandem parking spaces. This location in El Segundo is ideal, because it’s far away from any detrimental factors yet in close proximity to the downtown restaurants, the beach, employment hubs and transportation. All of the units offer two bedrooms, and most offer more than one bath. All but one of the units have been substantially refurbished, and the building itself has been lovingly maintained, including lush landscaping that gives the courtyard a welcoming, homey feel. 5 of the units are flats, and two are townhome style. 6 of the 7 units have fireplaces! All units have individual hot water heaters. There is a spacious on-site laundry for the units to share, and the building has been recently painted, replumbed, reroofed, and has new windows. The rents are mostly balanced, but there is still some upside. The building is professionally managed by First Light Property Management, a trusted name in local management for over 15 years. This is a property that you will be proud to own.
Details
| MLS# | SB24049689 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1978 |
| Days On Site | 214 |
| Listing Provided By | DOMO Real Estate 310-251-7725 | Robert Freedman |
Features
| SQ Feet | 6,640 |
|---|---|
| Garage | 9 |
| Story(s) | 3 |
| Units | 7 |
| Building(s) | 1 |
| Zoning | ESR3YY |
| Acreage | 0.16 |
Market Activity 90245
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | El Segundo |
| Zip Code | 90245 |
| Area | 141 El Segundo |
| Listing VS Median (in 90245) | |
Price: $3,695,000 low | high Med: $1,579,000 SqFt: 6,640 low | high Med: 1,508 $ / SqFt: $556 low | high Med: $1,047 On Site: 214 low | high Med: 74.000000 | |
