Property Description

610-614 & 616 -620 Sheldon Street consists of two side-by-side triplexes conveniently located in El Segundo, one of the least traded submarkets in Los Angeles. The unit mix includes (4) 1-bed/1-bath units and (2) 2-bed/1-bath units on two separate parcels, for a combined lot size of 14,745 square feet. Both 2-bedroom units have been fully remodeled with new bathrooms, kitchens, countertops, floors, and appliances. These units also include their own private backyards with new landscaping and well-maintained gardens, an ideal area for outdoor entertainment. The property has very strong in-place rents, currently grossing just under $15k in monthly income. Since each triplex is on a separate parcel, an investor would be able to obtain favorable residential financing with two 30-year fixed-rate mortgages while rates are still at a historic low. Located just blocks from local schools and Downtown El Segundo, this rare opportunity is ideal for an investor seeking growth, stability, and a hedge against inflation.