$2,200,000
Rare value-add fourplex on a quiet cul-de-sac in El Segundo. Exempt from LARSO with all month-to-month tenants presenting immediate 40% upside. Sits on an expansive 8,088 SF lot (.19 acre) with covered carport parking for 4 vehicles plus additional spaces. Spacious units averaging 850 SF each feature washer/dryer hookups and three units offer private patios. All individually metered for gas and electricity. Well-maintained with main sewer line replaced approximately 5 years ago and exterior stairwell fully updated in 2024. Single-family ownership since 1959. Prime walkability to Washington Park, top-rated El Segundo schools, and Downtown El Segundo. Available as a portfolio with twin property next door (723 Indiana Ct) for $4.4M. The properties must be purchased together.
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Listed by Steffan Braunlich with Berkadia (310) 209-3200
Property Type
Residential Income
Status
Active
MLS Number
26648655
Year Built
1955
Lot Size
8,089 sq ft