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$1,830,175

Est. payment - /mo

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3 Beds

3 Baths

1,840 SqFt

Price Dropped by $96K

137 Arena Street El Segundo, CA 90245

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Wendy Carter

wendy@wendycarter.com +1(858) 716-6750

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Key Details

Property Type Single Family Home

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 1,840 sqft

Price per Sqft $994

MLS Listing ID P1-26499

Bedrooms 3

Full Baths 3

Year Built 1949

Lot Size 5,724 Sqft

Property Sub-Type All Other Attached

Property Description

A rare chance to acquire a freestanding multi-unit commercial building in the heart of El Segundo's most actively evolving submarket -- the Smoky Hollow West Specific Plan (SH-W). Situated on a 5,724 SF parcel at 137 Arena Street, this 1,840 SF property offers immediate owner-user utility today and meaningful redevelopment optionality on a 3-5 year horizon. SH-W permitted uses include creative office, R&D, light flex, and a range of commercial and studio applications -- making this an ideal fit for design firms, tech-adjacent tenants, production studios, and entrepreneurial owner-operators seeking a foothold in one of the South Bay's most supply-constrained districts. The building comprises three independently configured suites, each with a private full bathroom and kitchenette, well-suited for boutique multi-tenant occupancy or single-user creative operations. Interiors feature white walls, hardwood floors, and abundant natural light from multiple window exposures. The property includes five surface parking spaces plus a two-car garage with an overhead door -- a meaningful amenity in a walkable urban corridor. Exterior improvements include ramp access and landscaped surroundings. For the land-forward buyer: The SH-W parcel represents a compelling redevelopment basis in a submarket with demonstrated absorption of new creative and flex product. Allowable FAR, height limits, setback requirements, and parking ratios under the Specific Plan are available upon request. Permitted use confirmation from the El Segundo Planning Department is in process and will be provided in the du

Location

State CA

County Los Angeles

Direction From PCH turn West on E El Segundo BlvdTurn right on Arena StProperty located between E El Segundo Blvd and E Franklin Ave

Interior

Heating Forced Air Unit

Cooling Wall/Window

Flooring Linoleum/Vinyl

Fireplace No

Appliance Dishwasher, Refrigerator, N/K, Gas Stove

Exterior

Parking Features Garage - Single Door

Garage Spaces 2.0

Fence Wrought Iron, Wood

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

Roof Type Common Roof

Porch Patio

Total Parking Spaces 5

Building

Story 2

Sewer Public Sewer, Sewer Paid

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 4135009017

Acceptable Financing Cash, Conventional, Cash To New Loan

Listing Terms Cash, Conventional, Cash To New Loan

Special Listing Condition Probate Sbjct to Overbid

Listed by Mark MacFarlane, DRE#01795440 Vimvi California

Nearby School & Business

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Wendy Carter

Real Estate Agent | CA DRE#02059416

+1(858) 716-6750

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