517 & 517 1/2 Maryland St, El Segundo, CA 90245

517 & 517 1/2 Maryland St, El Segundo, CA 90245

El Segundo, CA
$1,850,000

Property Description

Lyon Stahl is pleased to present 517 Maryland Street, a rare opportunity to purchase two homes on a quiet street to alley cul-de-sac lot in a great part of El Segundo. The front house features three bedrooms, two bathrooms, a fireplace, and a private fenced front yard. The rear one-bedroom home has a beautiful private courtyard, a garage space, and was recently remodeled. Other amenities include A/C, mature fruit trees (avocado, grapefruit, etc…) and a shared swimming pool with its own utility meter. The front house is currently rented to a friend of the owner for $3,000/mo. The building can potentially be delivered vacant.

 

INVESTMENT HIGHLIGHTS

  • Two Well-Maintained Homes on an Oversized Lot w/ Shared Pool
  • Rear House: Recently Remodeled 1-Bed/1-Bath w/ A/C, Gas Stove, and Private Courtyard
  • Great Location on a Cul-De-Sac Lot, Near El Segundo Schools and Downtown Retail & Dining
  • Front House: 3-Bed/2-Bath w/ Private Front Yard, Laundry Hook-Ups, A/C + Fireplace
  • Property Includes Mature Avocado & Citrus Trees

Property Features

  • Sale Price: $1,850,000
  • Area Size: 1,915 SF
  • Land Area: 5,717 SF
  • Year Built: 1956
  • Listing Date: January 12, 2021
  • Units: 2
  • Current GRM: 27.05
  • Current Cap Rate: 2.12%
  • Market GRM: 19.76
  • Market Cap Rate: 3.33%

Lyon Stahl Investment Real Estate

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