731 Indiana Ct, El Segundo, CA 90245

731 Indiana Ct, El Segundo, CA 90245

El Segundo, CA
$2,275,000

Property Description

731 Indiana Ct is a well-maintained 4-unit apartment building located in the desirable El Segundo submarket and is part of a 45-unit portfolio. This property, perfect for an investor or owner-user, offers a great unit mix with spacious units, including (1) 3-bed/2-bath unit and (3) 2-bed/1-bath units. Two of the units feature private outdoor patio spaces, enhancing the living experience for residents. The two-story building spans 3,399 square feet on a generous 8,979 square foot lot. With a CAP Rate of 4.23% and a Gross Rent Multiplier (GRM) of 16.38, this property presents a strong financial investment opportunity. A carport is available for 4 cars, with tandem parking allowing a total of 12 parking spaces for tenant convenience. Located within the highly-regarded El Segundo Unified School District, 731 Indiana Ct is ideal for families and professionals. The property enjoys a prime location, offering easy access to vibrant downtown El Segundo, with a variety of restaurants, shops, and entertainment options nearby. Additionally, it is less than a 10-minute drive from the beach and LAX, providing excellent accessibility to major attractions and transportation hubs.

Property Features

  • Sale Price: $2,275,000
  • Area Size: 3,399 sq ft
  • Land Area: 8,979 sq ft lot
  • Year Built: 1955
  • Closing Date: 9/26/2024
  • Units: 4
  • Current GRM: 16.38
  • Current Cap Rate: 4.23%

Lyon Stahl Investment Real Estate

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