945 Main Street $2,595,000

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    945 Main Street El Segundo, CA 90245

    Active Under Contract
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    • 0 Beds
    • 0 Baths
    • 5,012 sq. ft.
    • Multi-Family
    • MLS# 21755676
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    Views: 126 Days On Market: 106

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    Property Details

    $200,000 Price Reduction. Motivated sellers. Property is located in the coveted city El Segundo. The two buildings are comprised of two (2) 1 bed/1 bath units, one (1) 2 bed/1 bath unit, one (1) 2 bed/1.5 bath townhome, and one (1) 3 bed/2 bath unit with 5,012 rentable sq ft on a 6,700 sq ft lot. With an annual income of approximately $152,000, the property is being offered at above market averages for cap rate and GRM. New roofs were installed in 2019, and much of the plumbing and sewer lines have been replaced. Each unit is individually metered for gas and electric. There is an onsite laundry facility with owner owned machines. Walking distance to El Segundo High School and downtown El Segundo, with an abundance of shops and restaurants. Close proximity to the beach and 105, 405, 10 and 110 freeways. El Segundo is home to more Fortune 500 companies than any other city outside of San Francisco.

    • General Features
      • Buyer Compensation 2.000 %
      • County Or Parish Los Angeles
      • Number Of Buildings 2
      • Number Of Units Total 5
      • YearBuilt 1969
    • Building Features
      • Carport Spaces 6.00
      • Cooling None
      • Heating Forced Air
    • Property Features
      • Lot Size Acres 0.15
      • Parking Total 6.00

    Contact

    Jennifer Caras

    Jennifer Caras

    Global Real Estate Advisor

    DRE# 01466213

    1144 Highland

    Mobile Phone: 310-367-9129

    Neighborhood

    90245 (El Segundo) Demographics

    37 Median Age
    2,862 Population Density (per sq. mile)
    65% College Educated
    $109,577 Estimated Median Income
    2,792 Estimated Total Home Owners
    3,625 Estimated Total Renters
    44% / 56% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    16,731 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,560,000 Median Sales Price
    11 Homes Sold
    13 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,595,000
        8/23/2021 6:02:05 PM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        8/11/2021 1:16:29 PM Status Changed Source: Multiple Listing Service New Value: Active
        8/5/2021 4:16:43 PM Status Changed Source: Multiple Listing Service New Value: Pending
        7/27/2021 8:06:34 AM Price Reduced Source: Multiple Listing Service New Value: $2,595,000 -7.16%
        7/1/2021 2:05:00 PM New in Database Source: Multiple Listing Service New Value: $2,795,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 10/22/2021 6:33:21 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.