Compare Listings

315-317 W Palm Ave, El Segundo, CA 90245

$1,049,000

Description

Lyon Stahl is pleased to present 315 – 317 West Palm Ave, a Craftsman style two-on-a lot offered at a great price point! Owners home is a three-bedroom one-bathroom house built in 1927 and the adjacent home is a two-bedroom one-bathroom house built in 1940. Great proximity to Richmond Elementary School, ES High School, and all the amenities of Downtown El Segundo. Shared  laundry area and newly installed solar panels that minimize operating costs. This is an incredible investment or owner-user opportunity to live in one building and subsidize monthly mortgage with rental income from the other building.

Investment Highlights:
• (1) 3-Bed/1-Bath House & (1) 2-Bed/1-Bath House
• Newly Installed Solar Panels
• Separately Metered Gas & Electricity
• Both Roofs Replaced within Past 10 Years
• Located Just Minutes Away From Schools, Shops, Restaurants, and Downtown El Segundo
• Nicely Landscaped & Pride of Ownership

 

Property Downloads

Address

  • City: El Segundo
  • State/county: CA
  • Country: United States

Detail

Updated on October 10, 2019 at 12:08 am

  • Price: $1,049,000
  • Property Size: 1,231 Sq Ft
  • Land Area: 2,517 Sq Ft
  • Year Built: 1940
  • Property Type: Multifamily, Duplex
  • Property Status: Active
  • Numbers of Units: 2
  • GRM: 18.21
  • CAP RATE: 3.86%
  • Market GRM: 15.61
  • Market CAP RATE: 4.58%

Contact info

Brett Lyon
Brett Lyon
(310) 880-5328(310) 780-1899
Linkedin
Woody Stahl
Woody Stahl
(310) 880-0926(310) 710-3829
Linkedin

Inquire about this property

Agent Properties