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524 E Palm Avenue El Segundo, CA 90245
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Key Details
Sold Price $2,100,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN22183205
Sold Date 10/12/22
Bedrooms 2
HOA Y/N No
Lot Size 0.373 Acres
Lot Dimensions 67.2 x 242.38
Property Description
LOCATION, LOCATION, LOCATION on this unique property zoned R2! One of the highest elevations in El Segundo! Enjoy unobstructed views from the front home picture window! block to El Segundo High School, rated in the top 2.5% of CA High Schools! 2 blocks to an outstanding Recreation Park! 1.7 miles to the ocean to watch a sunset and less than 7 miles to SoFi Stadium, home of the L.A. Rams! Front home is a 1957 built 2-bedroom 1.5-bath home with bonus room, game room and approx. 1,592 sq. ft. on the 67 wide by 242 deep lot (16,265 sq. ft) with up-slope to the back of the property. Large living room with brick/rock fireplace over 2-car garage. Pool in back yard is filled in. Concrete driveway on side of lot leads to the Duplex, 2nd detached 2-car garage and storage room on back half of the lot. Duplex units are 2 bedrooms, 1 bath with approx. 775 sq. ft. each. Shared laundry room with fenced back yard. Lots of work needed here but a great opportunity for investor, contractor or DIY for an income property, personal residence with additional income or what best fits your vision for this unique property in a safe and prosperous city with quality Police and Fire Departments. Don't let this opportunity slip by!
LOCATION, LOCATION, LOCATION on this unique property zoned R2! One of the highest elevations in El Segundo! Enjoy unobstructed views from the front home picture window! block to El Segundo High School, rated in the top 2.5% of CA High Schools! 2 blocks to an outstanding Recreation Park! 1.7 miles to the ocean to watch a sunset and less than 7 miles to SoFi Stadium, home of the L.A. Rams! Front home is a 1957 built 2-bedroom 1.5-bath home with bonus room, game room and approx. 1,592 sq. ft. on the 67 wide by 242 deep lot (16,265 sq. ft) with up-slope to the back of the property. Large living room with brick/rock fireplace over 2-car garage. Pool in back yard is filled in. Concrete driveway on side of lot leads to the Duplex, 2nd detached 2-car garage and storage room on back half of the lot. Duplex units are 2 bedrooms, 1 bath with approx. 775 sq. ft. each. Shared laundry room with fenced back yard. Lots of work needed here but a great opportunity for investor, contractor or DIY for an income property, personal residence with additional income or what best fits your vision for this unique property in a safe and prosperous city with quality Police and Fire Departments. Don't let this opportunity slip by!
Location
State CA
County Los Angeles
Area El Segundo (90245)
Zoning Public Rec
Interior
Heating Natural Gas, Wood
Appliance Fireplace, Forced Air Unit, Other/Remarks
Exterior
Exterior Feature Stucco
Roof Type Composition,Rolled/Hot Mop
Building
Lot Description Curbs, Sidewalks
Story 1
Level or Stories 1 Story
Others
Acceptable Financing Cash, Exchange
Space Rent $15,000
Listing Terms Cash, Exchange
Financing Conventional
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Bought with Darren Pujalet • Re/Max Estate Properties