Property Type:Residential Income (Multi-Family)
Lot Size:0.06 Acres
Craftsman style two-on-a lot offered at a great price point! Owners home is a three-bedroom one-bathroom house built in 1927 and the adjacent home is a two-bedroom one-bathroom house built in 1940. Great proximity to Richmond Elementary School, ES High School, and all the amenities of Downtown El Segundo. Shared laundry area and newly installed solar panels that minimize operating costs. This is an incredible investment or owner-user opportunity to live in one building and subsidize monthly mortgage with rental income from the other building.
Price Change History
|Date||Old Price||New Price||Percent Change|
Address:315 W Palm Avenue El Segundo, CA 90245
Area:(141) El Segundo
Total Units: 2
Unit 1: 1 Unit•3 Beds•1 Bath•Unfurnished•$3,000 actual rent•$3,000 total rent•$3,100 pro forma
Unit 2: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,800 actual rent•$1,800 total rent•$2,500 pro forma
Features / Amenities
Common Walls: No Common Walls
Lot Size: 0.06 Acres / 2517 Sq. Ft.
Lot Features: Landscaped
Lot Number: 7
Sewer: Public Sewer
Directions:Located on the corner of Virginia St and Palm Ave
Tax and Financial Info
Land Lease: No
Gardener Expense: 1200.00
Insurance Expense: 492.00
Maintenance Expense: 1728.00
Other Expense: 1600.00
Total Expenses: 17106.00
Gross Annual Income: 57600.00
WALKING AND TRANSPORTATION
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Listing provided courtesy of J.Woody Stahl, Lyon Stahl Investment Real Estate, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of May 31, 2020. 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. IDX provided by Sierra Interactive.