Sold
526 Illinois Street
El Segundo CA, 90245
$3,950,000
$517.35 per sqft
Sold
7,635 sqft
Multi-family
Built in 1988
Listed by Daniel Withers with Matthews Real Estate Investment Services 866-889-0550
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
21108341
MLSⓇ ID
November 13, 2021
Listed
August 31, 2023
Updated
Map
526 Illinois Street
El Segundo CA, 90245
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
None
Heating
Yes
Heating Description
None
Exterior/Building Features
Lot Size
0.16 acres
Other Property Details
Days on Market
104
Garage
Yes
Garage Spaces
11
Parking
Garage
Parking Total
11
View
No
County
Los Angeles
Pool
No
Listing Contact: 866-889-0550
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/31/2023. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/31/2023 at 1:42 AM UTC