El Segundo, CA 90245 848 Penn Street
$1,889,000
2 more
Presented By: Bill Ruane with Estate Properties; 310-877-2374
- MLS# SB25056069
- 03/14/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 4
Baths • 3
SQFT • 1,793
Home Details
Nestled in a quiet neighborhood in El Segundo. R2 LOT 7268 sqft. This very attractive investment opportunity is a Triplex offering three well-maintained units - 2 x 1/1 & 1 x 2/1 - on a month to month basis with long-term tenants, strong & steady rental income. The fact that the ADU permit is in process for a 2-bedroom, 2-bathroom unit (1300 sqft) adds potential for increased value and income. Very well maintained property- Please do not disturb tenants. Drive by only.
Presented By: Bill Ruane with Estate Properties; 310-877-2374
Interior Features for 848 Penn Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall, NoOneAbove, NoOneBelow
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 848 Penn Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate1.7
Carport Y/NNo
CityEl Segundo
Community FeaturesCurbs, Gutters, StormDrains, StreetLights, Suburban, Sidewalks
CountyLos Angeles
DirectionsFrom Main St., East on Walnut, South on Penn St.
Electric On Property Y/NNo
Entry LocationStreet
Garage Spaces0.0
Garage Y/NNo
Gross Income82200.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense5000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet7150.0
Lot Size UnitsSquareFeet
MLS Area141 - El Segundo
MaintenanceExpense1000.0
MobileHomeRemainsYNNo
Net Operating Income49532.0
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
Operating Expense32668.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot30
Taxes$22,668
Total Actual Rent6650.0
Trash Expense1000.0
Water Sewer Expense3000.0
Waterfront Y/NNo
Year Built1943
Year Built SourceAssessor
ZoningESR2YY
Exterior for 848 Penn Street
Building Area Total1793.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesYard
Lot Size Acres0.1641
Lot Size Area7150.0
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate