(310) 853-3073
  • 308 Loma Vista Street

  • El Segundo, CA 90245
  • $2,599,000
  • 5,734 SqFt
  • $453.26 / SqFt
  • HOA: $0.00
  • : SB14120464
  • Year Built: 1978
  • Days Listed: 30
SOLD

Description of 308 Loma Vista Street, El Segundo

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.

The Residential Income located at 308 Loma Vista Street is an exquisite property built in 1978 on a 6765 square foot lot. This Residential Income has bedroom(s) and bathroom(s) on 2 floor(s) encompassing 5,734 square feet of space. South Bay Residential is the agency to contact if you are interested in buying this property in El Segundo, CA. As one of the best real estate agencies in El Segundo, we have an unmatchable record of providing outstanding service to our clients. You can contact us at (310) 853-3073 in order to speak with one of our agents!
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Greg GeilmanReal Estate Expert (310) 251-7725

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Vital Stats

  • MLS® #SB14120464
  • Price$2,599,000
  • Square Footage5,734
  • Lot Size (SqFt)6,765
  • Units7
  • Year Built1978
  • TypeResidential Income
  • StyleTraditional
  • StatusClosed

Interior Features

  • HeatingWall Heater
  • CoolingNone
  • FireplaceYes
  • # of Stories2

Windows

Window Blinds, Wood Frame Windows (N)

Neighborhood Information

Appliances

Dishwasher, Garbage Disposal, Gas & Electric Range, Refrigerator

Additional Information

  • Date ListedJune 9th, 2014
  • Days on Market30
  • ZoningESR3YY

Amenities

  • Parking Spaces13
  • # of Spaces4

Exterior Features

  • Lot Description6-10 Units/Acre
  • RoofComposition
  • FoundationConcrete Block

Listing Info

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

Property Location for 308 Loma Vista Street, El Segundo

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Similar Sold Listings To: 308 Loma Vista Street, El Segundo

Based on information from California Regional Multiple Listing Service, Inc. as of May 24th, 2017 at 12:35pm 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.

Last updated on May 24th, 2017 at 12:35pm PDT