Sold
349 Virginia ST
EL SEGUNDO CA, 90245
$3,500,000
$527.11 per sqft
Sold
14 Beds
10 Baths
6,640 sqft
Multi-family
Built in 1978
Located on a beautiful, tree-lined street in an idyllic location, this 7-unit walk-up apartment building is surrounded by well maintained apartments, townhomes, condominiums and single family homes, and offers an amazing opportunity for investment in one of the most highly sought after suburbs in Los Angeles. Built in 1978 by the family that still owns it, and meticulously maintains it, this is the first time this building has been on the market. There is 6,640 square feet of living space on a 50 X 143 Street to alley lot with 9 private garages (garages have been earthquake retrofit) and an additional 4 tandem parking spaces. This location in El Segundo is ideal, because it s far away from any detrimental factors yet in close proximity to the downtown restaurants, the beach, employment hubs and transportation. All of the units offer two bedrooms, and most offer more than one bath. All but one of the units have been substantially refurbished, and the building itself has been lovingly maintained, including lush landscaping that gives the courtyard a welcoming, homey feel. 5 of the units are flats, and two are townhome style. 6 of the 7 units have fireplaces! All units have individual hot water heaters. There is a spacious on-site laundry for the units to share, and the building has been recently painted, replumbed, reroofed, and has new windows. The rents are mostly balanced, but there is still some upside. The building is professionally managed by First Light Property Management, a trusted name in local management for over 15 years. This is a property that you will be proud to own.
SB24049689MR
MLSⓇ ID
March 12, 2024
Listed
November 22, 2024
Updated
Map
349 Virginia ST
EL SEGUNDO CA, 90245
Interior Features
Total Stories
3
Bedrooms
14
Total Bathrooms
10
Appliances
Community, Dishwasher
Laundry Description
Community
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.16 Acres
Sewer
Public Sewer
Other Property Details
Area Name
El Segundo
Days on Market
71
Garage
Yes
Garage Spaces
9
Parking Total
9
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
ESR3YY
Listing History
Date | Event | Price |
---|---|---|
11/14/2024 | Sold | $3,500,000 |
9/29/2024 | Pending | — |
6/5/2024 | Under contract | — |
4/13/2024 | Price change | $3,695,000 -3% |
4/13/2024 | Active | — |
4/3/2024 | Pending | — |
Listed by Robert Freedman with DOMO Real Estate
Listing Contact: 310-291-7779
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Jagger Kroener shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/22/2024