330 Bungalow Drive, El Segundo, CA 90245

330 Bungalow Drive, El Segundo, CA 90245

El Segundo, CA

Property Description

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<p class=”text-base”>330 Bungalow Drive is a well-located triplex in El Segundo with an easy ADU opportunity. The property consists of (1) 3-bed/1-bath unit and (2) 2-bed/1-bed units. The 2,782 SF building is situated on a 4,401 SF lot with: (3) 1-car garages, an oversized laundry room, and a large storage area that can be converted into a 500+ SF 1-bed ADU (based on feedback from city planner and architect). The property is located in close proximity to El Segundo Schools, Smoky Hollow, and the restaurants and retail in Downtown El Segundo. This is an excellent opportunity for both owner-users and investors looking to maximize long-term growth potential in one of the least traded and desirable submarkets in Los Angeles.</p>

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Property Features

  • Sale Price: $1,895,000
  • Area Size: 2782 SF
  • Land Area: 4401 SF
  • Listing Date: 5/5/2021
  • Units: 3
  • Current GRM: 22.47
  • Current Cap Rate: 2.93%
  • Market GRM: 14.91
  • Market Cap Rate: 4.99%

Lyon Stahl Investment Real Estate

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