$3,950,000
$3,995,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
10 Baths
7,635 SqFt
SOLD DATE : 04/26/2022
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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Bought with Matthews Real Estate Investment Services
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1610 R Street, Sacramento, California, 95811, United States