1625 E Palm Avenue Avenue, El Segundo, 90245

Residential Income For Sale


MLS® #: SB18205079
Closed, 77 Days on Market

4% CAP and 16.97 GRM! Two beautifully remodeled four-unit buildings (1625 - 1627 E Palm Ave) one block from Pacific Coast Highway and walking distance to El Segundo’s Smoky Hollow district. Both FOURPLEX apartments have their own APN allowing them to be bought/sold together or separately. Each building contains an identical unit mix of three 2 BED 1 BATH and one 3 BED 1.75 BATH for a total of eight units. Additionally, four out of the six 2 BED 1 BATH AND BOTH 3 BED 1.75 BATH come with a large, private yards that are immaculately landscaped and two of the 2 bed 1 baths come with a large private deck. Each unit comes with brand new stainless-steel appliances including: FRIDGE, OVEN/RANGE, MICROWAVE AND DISHWASHER. They also include a BRAND-NEW WASHER AND DRYER in each unit! All eight units are assigned a driveway parking space AND a shared enclosed garage parking spot with brand new automatic modern garage doors. The interiors include BRAND NEW: Shaker white cabinets in the kitchen and bathrooms, grey quartz counters, tile floors in the bathrooms, stylish wood laminate floors throughout, new tub and wall tile, recessed lighting, new fixtures and SMOOTH CEILINGS throughout! The exterior received a fresh and modern make over with NEW: SMOOTH STUCCO, ROOF, COPPER PLUMBING, RAILINGS, INTERIOR DRAINS LINES AND SOME MAIN LINES, DOORS & WINDOWS (some newer than others), 1625 side has brand new electrical sub panels and main service panel, GARAGE DOORS AND NEW LANDSCAPING!

Price & Status History

Date Details
Status Changed from Pending to Closed
Status Changed from Active to Pending
Price Reduced from $5,150,000 to $4,975,000
Price Reduced from $5,200,000 to $5,150,000

Essential Information

MLS® #: SB18205079
Price: $4,975,000
Square Footage: 6,798
Acres: 0.37
Year Built: 1955
Type: Residential Income
Status: Closed

Community Information

Address: 1625 E Palm Avenue Avenue
County: Los Angeles
State: CA
Zip Code: 90245


Parking Spaces: 16
# of Garages: 8


Appliances: Stackable
Stories: Two


Lot Description: Back Yard, Sprinkler System

Additional Information

Date Listed: August 24th, 2018
Days on Market: 77
Zoning: ESR3YY

Listing Details

Listing Agent: Bryan Bohlinger(01522061)
Listing Office: Bohlinger Properties, Inc.


$/SqFt: $732

Welcome to this 0 bedroom 0 bath Residential Income in the El Segundo (141) section of El Segundo located at 1625 E Palm Avenue Avenue built in 1955. It is 0 square feet and the current asking price is $ 4,975,000.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 23rd, 2019 at 3:52pm 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.