$1,950,000
$2,299,000
15.2%For more information regarding the value of a property, please contact us for a free consultation.
5,662 Sqft Lot
SOLD DATE : 05/18/2020
Key Details
Sold Price $1,950,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC20071221
Sold Date 05/18/20
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1964
Lot Size 5,662 Sqft
Property Description
325 Sierra Street is truly a rare opportunity located in the highly desirably city of El Segundo, Ca walking distance to Main Street and less than 1.5 miles to the Ocean. This fully vacant 4 unit property was beautifully remodeled recently and offers an investor and/or owner-occupier an opportunity to acquire a pride of ownership investment in an extremely strong and trendy rental market. The property has a terrific unit mix of (3) 2 bed/1 bath units and (1) 2 bed/1.5 bath townhouse style unit with (5) individual garages. This amazing building was built in 1964 with a total size of 2,935 SF, sitting on 5,724 SF lot zoned ES-R3. All 4 Units will be Delivered Vacant at Close of Escrow. NOT subject to LA Rent Control! Prime Location in El Segundo near Main Street, Ocean, Manhattan Beach, LAX, Freeway, Silicon Beach, LA Lakers & Kings Facilities, Top Schools, Parks & Recreation, and Restaurants & Shops
Location
State CA
County Los Angeles
Area 141 - El Segundo
Zoning ESR3YY
Interior
Interior Features Ceiling Fan(s), Recessed Lighting
Heating Wall Furnace
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Range, Microwave, Refrigerator, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Driveway, Garage, On Site
Garage Spaces 5.0
Garage Description 5.0
Fence Wood
Pool None
Community Features Curbs, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N Yes
Roof Type Composition
Total Parking Spaces 7
Private Pool No
Building
Lot Description 2-5 Units/Acre, Front Yard, Lawn
Story 2
Sewer Public Sewer
Water Public
Architectural Style Traditional
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 4135016017
Security Features Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Federico Quevedo • Turin Trade, Inc.