27
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$1,700,000
Est. payment /mo
4 Beds
4 Baths
7,819 Sqft Lot
Price Dropped by $195K
529 E Walnut El Segundo, CA 90245
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26029869
Bedrooms 4
Lot Size 7,819 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
5.35% CAP! - 529 E Walnut Avenue is a well-located multifamily investment opportunity in the heart of El Segundo, one of the most desirable and supply-constrained coastal submarkets in Los Angeles County. Situated on a 7,819 square foot lot, the property features approximately 2,520 rentable square feet across four separate structures, offering a rare bungalow-style layout in a high-barrier-to-entry neighborhood. The property has benefited from recent LAWA-completed capital improvements, including new windows, doors, and central air conditioning across all units, as well as new electrical panels. The property is configured with four 1-bedroom / 1-bathroom units, including two detached front bungalows and a middle building comprised of two additional 1-bedroom / 1-bathroom units. A detached rear structure includes a nonconforming studio unit, providing additional income potential. The layout and unit mix appeal to long-term tenants seeking privacy, outdoor separation, and proximity to El Segundos walkable downtown, major employment centers, and the coast. 529 E Walnut Avenue presents a compelling value-add opportunity through rent growth, unit improvements, and operational enhancements in a premier South Bay location. With limited new multifamily development and consistently strong rental demand, the property offers investors the opportunity to acquire a well-positioned asset with meaningful upside in an A-level coastal market.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Near the Corner of Sheldon St and E Walnut Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 4133013016
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Woody Stahl, DRE#01399621 Lyon Stahl Investment Real Est
Nearby School & Business
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