El Segundo, CA 90245,848 Penn ST
El Segundo, CA 90245,848 Penn ST
El Segundo, CA 90245,848 Penn ST
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$1,699,000
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7,148 Sqft Lot
Price Dropped by $40K

848 Penn ST El Segundo, CA 90245

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Key Details

Property Type Single Family Home, 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.

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


CRMLS – RECore
Listed by Bill Ruane Estate Properties 310-877-2374

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Mary Beth Kellee

Mary Beth Kellee

Agent | License ID: DRE#01241022

+1(858) 442-8002

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848 Penn ST