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Listed by Bill Ruane • Estate Properties
$ 1,699,000
Est. payment /mo
Active
848 Penn Street El Segundo, CA 90245
1,793 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,793 sqft
Price per Sqft $947
MLS Listing ID CRSB25056069
HOA Y/N No
Year Built 1943
Lot Size 7,150 Sqft
Property Sub-Type Triplex
Source Datashare California Regional
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
Interior
Fireplace No
Laundry No Hookups
Building
Lot Description Other
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