7
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$1,699,000
Est. payment /mo
1,793 SqFt
Pending
848 Penn Street El Segundo, CA 90245
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,793 sqft
Price per Sqft $947
MLS Listing ID SB-25056069
Year Built 1943
Lot Size 7,150 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
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
Laundry None
Exterior
Parking Features None
Pool None
Community Features Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
Building
Lot Description Yard
Sewer Public Sewer
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