524 E Palm Avenue, El Segundo, CA 90245

$2,345,000
List Price
$2,345,000
Price Change
▼ $167,000 1661594124
Status
PENDING
MLS#
SN22183205
Year Built
1957
Lot Size
16,265
Acres
0.3734
Lot Location
Item25UnitsAcre, Back Yard, Front Yard, Gentle Sloping, Sprinklers In Front, Paved, Rectangular Lot, SprinklersTimer, Sloped Up, Yard
Days on Market
22
Property Type
Multifamily
Style
Contemporary
Property Sub Type
Triplex
Stories
One Level

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! ½ block to El Segundo High School, rated in the top 2.5% of CA High Schools! 2 ½ 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!

Additional Information

Taxes
$4,703
Other Buildings
Second Garage, Storage
Appliances
Double Oven, Electric Cooktop, Gas Water Heater, Range Hood, Vented Exhaust Fan
Pool Description
None
Fireplace Description
Living Room, Wood Burning
Heat
Forced Air, Fireplace(s), Natural Gas, See Remarks, Wood
Cooling Description
None
View
Neighborhood, PeekABoo
Exterior Construction
Frame, Glass, Concrete, Plaster, Stucco
Roof
Composition, Rolled/Hot Mop, Shingle
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Tile Counters, Unfurnished, AllBedroomsDown, BedroomonMainLevel, UtilityRoom
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$15,000
Operating Expense
2800

Listing courtesy of Listing Agent: Michael Moller (mrgchico@sbcglobal.net) from Listing Office: Moller Realty Group.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.