Introducing an exceptional investment opportunity: a charming rental property boasting two spacious 3-bedroom, 2-bathroom units with garage parking, ideally situated within walking distance of the beach. This income-generating gem offers the perfect blend of coastal living and lucrative rental potential. Each unit is thoughtfully designed for comfort and convenience, with modern amenities and a prime location that appeals to tenants seeking a beachside lifestyle. Don't miss out on this rare chance to own a high-income property with excellent cash flow potential in a highly desirable beachfront community.
Rare Opportunity to Own a Non-Rent Control 4-Unit Apartment Building in El Segundo. No local rent control, state and county rent control only. Discover this exceptional 4-unit apartment building in El Segundo, ideally situated within walking distance to the beach. Just minutes from downtown El Segundo, renowned for its diverse shopping, grocery options, and dining experiences, this property perfectly combines coastal charm with urban convenience. Located merely one block from the beach, the front unit includes a private yard, offering a serene retreat in this highly sought-after coastal community. Additionally, the property boasts 5 garage spaces, ensuring ample parking and convenience for residents.
The median home value in El Segundo, CA is $1,359,000. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in El Segundo, CA is $1,359,000. Approximately 39.99% of El Segundo homes are owned, compared to 55.24% rented, while 4.77% are vacant. El Segundo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a El Segundo real estate agent to arrange a tour today!
El Segundo, California has a population of 17,243. El Segundo is more family-centric than the surrounding county with 33.75% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in El Segundo, California is $126,683. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in El Segundo is 36.8 years.
The average high temperature in July is 76 degrees, with an average low temperature in January of 48.5 degrees. The average rainfall is approximately 13.5 inches per year, with 0 inches of snow per year.