308 Loma Vista Street, El Segundo, 90245

Residential Income For Sale

$2,599,000

Beds
Baths
5,734Sqft
.15Acres
4Garages
1978Built
30DOM
MLS® #: SB14120464
Closed, 30 Days on Market

This is a great opportunity to buy an income property in a PRIME location. This 7 unit property is located West of Main Street near downtown El Segundo. This property is owner occupied and all the units are 2 bedrooms and 1 bath. The units are good sized, averaging 820 SQ. FT. Note: UPSIDE!! ALL of the rents are below market. The Gross Scheduled Income (GSI) is currently $130K. The annual rents should be about 24% higher, at $160K. The GRM should be about 16 at market rents. There have been recent upgrades to several of the units with new carpeting and paint. Each unit has a fireplace and the floors are partially carpeted; with linoleum being in the kitchen and bathroom areas. There are 4 garages located in the front with 4 parking spaces in front of those and 5 carports in the back (13 total parking spaces). This property also has a laundry room that has a washer and dryer that is provided free of charge to all the tenants (more upside!!). Note: built in 1978 with copper plumbing.

Price & Status History

Date Details
Status Changed from Pending to Closed
Status Changed from Pending Sale to Pending
Status Changed from Pending to Pending Sale
Status Changed from Active to Pending

Essential Information

MLS® #: SB14120464
Price: $2,599,000
Square Footage: 5,734
Acres: 0.15
Year Built: 1978
Type: Residential Income
Status: Closed

Community Information

Address: 308 Loma Vista Street
County: Los Angeles
State: CA
Zip Code: 90245

Amenities

Parking Spaces: 13
# of Garages: 4

Interior

Appliances: Dishwasher, Garbage Disposal, Gas & Electric Range, Refrigerator
Heating: Wall Heater
Cooling: None
Fireplace: Yes
# of Stories: 2

Exterior

Lot Description: 6-10 Units/Acre
Windows: Window Blinds, Wood Frame Windows (N)
Roof: Composition
Foundation: Concrete Block

Additional Information

Date Listed: June 9th, 2014
Days on Market: 30
Zoning: ESR3YY

Listing Details

Listing Agent: Christopher Mclemore(01803449)
Listing Office: Peters Realty Center, Inc

Financials

$/SqFt: $453

Welcome to this 0 bedroom 0 bath Residential Income in the 141 - El Segundo section of El Segundo located at 308 Loma Vista Street built in 1978. It is 0 square feet and the current asking price is $ 2,599,000.

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Based on information from California Regional Multiple Listing Service, Inc. as of June 22nd, 2017 at 2:40pm PDT. 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.