537-539 Sheldon Street, El Segundo CA 90245

537-539 Sheldon Street, El Segundo CA 90245

El Segundo CA
$1,913,000

Property Description

537-539 Sheldon Ave is a duplex located in El Segundo. The property consists of a (1) 3-bed/2-bath house and (1) 2-bed/1-bed house. The front house is 1,530 SF and features a gated front yard, hardwood floors, brick fireplace, tiled kitchen & bathrooms, and a washer & dryer. The back house is 852 SF and was built above the four-car garage. 537-539 Sheldon Ave is in great proximity to Richmond Elementary School, ES Highs School, El Segundo Parks & Recreation, and all the amenities of Downtown El Segundo.

Given the ideal location and the potential to obtain 30-year fixed residential financing, this is an excellent opportunity for an owner-user opportunity to live in one building and subsidize monthly mortgage with rental income from the other building.

 

Property Features

  • Sale Price: $1,913,000
  • Land Area: 5,602 SF
  • Year Built: 2005
  • Listing Date: 2/15/2021
  • Closing Date: 4/29/2021
  • Units: 2
  • Current GRM: 25.89
  • Current Cap Rate: 2.28%
  • Price Per Unit: $947,000
  • Market GRM: 23.57
  • Market Cap Rate: 2.65%
  • Current NOI: $43,223

Lyon Stahl Investment Real Estate

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