El Segundo, CA 90245,526 Illinois St
El Segundo, CA 90245,526 Illinois St
El Segundo, CA 90245,526 Illinois St
12
$3,950,000
$3,995,000
1.1%
Est.Price: ?

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12 BD
10 BA
7,635 SqFt

526 Illinois St El Segundo, CA 90245

Est. payment /mo
SOLD DATE : 04/26/2022

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Key Details

Sold Price $3,950,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 7,635 sqft

Price per Sqft $517

MLS Listing ID 21-108341

Sold Date 04/26/22

Bedrooms 12

Year Built 1988

Lot Size 6,963 Sqft

Acres 0.1598

Property Description

REDUCED PRICE: $3,995,000 (motivated seller). Matthews is pleased to present 526 Illinois Street, a 7,635 square foot, 6-unit apartment building located in El Segundo. Built-in 1988, this condo-quality asset sits on an R3-zoned, 6,962 square foot lot located just 1.5 miles from the Pacific Ocean. The building is comprised of two-story townhome units: (3)two-bed/two-bath, (2) three-bed/two-bath, and (1) oversized studio units (non-conforming). The property offers tenants a gated, subterranean parking garage with 11 spaces total, as well as a washer/dryer and individual waters heaters in each unit. All units have been fully upgraded and include a balcony, private patio, fireplace, and office. Additionally, the exterior has been fully remodeled, and the roof is only around 5 years old. With strong in-place rents, 526 Illinois offers investors cash-flowing trophy assets in a truly irreplaceable South Bay Los Angeles location. ***5 UNITS PLUS 1 NON-CONFORMING STUDIO UNIT

Location

State CA

County Los Angeles

Area El Segundo

Zoning ESR3YY

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Laundry In Unit

Exterior

Garage Garage

Garage Spaces 11.0

Building

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Matthews Real Estate Investment Services
Bought with Matthews Real Estate Investment Services

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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