539 Penn St, El Segundo, CA 90245

539 Penn St, El Segundo, CA 90245

El Segundo, CA
$1,365,000

Property Description

Lyon | Stahl is excited to present 539 Penn St., two individual homes located in El Segundo.

This turn-key property features a unit mix consisting of (1) 2-bed/2-bath and (1) 2-bed/1-bath units with 2,120 SF of total living area. The front of the property includes a landscaped yard area enclosed by a picket fence for additional privacy, and in the rear there are (2) 1-car garages. Both of the units are very well-maintained and have copper plumbing. The property generates excellent rental income and has upside market rent potential. This is the perfect investment opportunity for anyone looking to build their portfolio, and acquire prime real estate in the South Bay!

Property Features

  • Sale Price: $1,365,000
  • Area Size: 2,120 SF
  • Land Area: 6,002 SF
  • Year Built: 1924
  • Closing Date: 6/4/2018
  • Units: 2
  • Current GRM: 19.43
  • Current Cap Rate: 3.38%
  • Price Per Unit: $725,000
  • Market GRM: 17.26
  • Market Cap Rate: 3.96%

Lyon Stahl Investment Real Estate

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