Compare Listings

416 Richmond St, El Segundo, CA 90245

$1,100,000

Description

Lyon | Stahl is pleased to present this beautiful duplex located just one block behind Main Street in one of the South Bays most desired beach communities, El Segundo. 416 Richmond Street sits on a 3,500 SF lot, featuring two large one-bedroom/one-bathroom units, a huge backyard patio, laundry machines, two-car garage, wine fridge and bar (in the back unit), and A+ prime location!

Located less than a mile from the beach, one of the best school districts in California, easy access to LAX and all major freeways, as well as close proximity to all of El Segundo’s restaurants, bars, gyms and coffee shops. Just to name a few: Kreation Juicery, El Gringo, Rinaldi’s, Rock n Brews, Blue Butterfly Cafe are all only a minute walk away.

This is a wonderful “turn-key” opportunity with the potential to be a perfect owner occupied duplex for anyone looking to live and work in the South Bay!

Investment Highlights:
● 1,140 SF building situated on 3,500 SF of land
● Beautiful duplex with excellent curb appeal | (2) 1-bed/1-bath units
● Features a huge backyard patio, laundry machines, two-car garage, wine fridge and bar (in the back unit)
● Great in-place income | Plenty of street parking surrounding the property
● A+ prime location less than 1-mile from the beach | Close proximity restaurants, bars, gyms, etc.
● One block behind Main Street in one of South Bays most desired beach communities

Address

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

Detail

Updated on October 24, 2018 at 3:43 pm

  • Price: $1,100,000
  • Property Size: 1,140 Sq ft
  • Land Area: 3,500 Sq ft
  • Garage Size: 2
  • Year Built: 1949
  • Property Type: Duplex
  • Property Status: Sold
  • Numbers of Units: 2
  • NOI: $26,921
  • GRM: 24.12
  • CAP RATE: 2.45%
  • Price per Unit: $550,000

Features

Contact info

Kevin Kretzmer
Kevin Kretzmer
(310) 491-7937(310) 283-8891
Linkedin
Woody Stahl
Woody Stahl
(310) 880-0926(310) 880-0926
Linkedin

Inquire about this property

Agent Properties

2215 Voorhees Ave, Redondo Beach, CA 90278

372 Pershing Dr, Playa del Rey, CA 90293

123 Montreal St, Playa del Rey, CA 90293