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945 Main ST El Segundo, CA 90245
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Key Details
Sold Price $2,748,900
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSB23206907
Sold Date 02/01/24
Originating Board California Regional MLS
Year Built 1977
Lot Size 6,702 Sqft
Property Description
We are pleased to present the opportunity to acquire 945 Main Street, a 5-unit apartment complex. The property is centrally located with proximity to major employment centers, transportation hubs, and recreational amenities. This prime asset offers a compelling blend of stability and growth potential. Situated in the heart of El Segundo, 945 Main Street benefits from a strong rental market, historically low vacancy rates, and a well-maintained property. The subject property is comprised of two buildings totaling 5,012sf and is situated on a 6,700sf lot with an attractive unit mix of (2) one-bed/one-bath (1) 3-bed 2-bath (1)2-bed/1-bath and (1) 2-bed/1.5-bath townhouse style unit. Three (3) of the units will be delivered rent ready providing the investors the opportunity to screen their tenants and immediately mark rents to market. There are six (6) dedicated carports as well as an on-site laundry facility for the tenant's convenience. Both roofs were replaced less than 5 years ago and much of the plumbing and the sewer has been replaced bolstering the property's long-term durability. 945 Main Street is not just an investment; it's an opportunity to participate in a thriving community and capitalize on the live- work-play environment that this location uniquely offers. With
Location
State CA
County Los Angeles
Area 141 - El Segundo
Interior
Laundry Community Facility
Exterior
Garage Carport
Garage Spaces 6.0
Pool None
Building
Water District - Public
Others
Tax ID 4132018003
Special Listing Condition Not Applicable
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Bought with General NONMEMBER • NONMEMBER MRML