El Segundo, CA 90245,349 Virginia Street
El Segundo, CA 90245,349 Virginia Street
El Segundo, CA 90245,349 Virginia Street
Listed by Robert Freedman • DOMO Real Estate
$3,500,000
Est. payment /mo
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

6,640 SqFt
SOLD DATE : 11/14/2024

Key Details

Sold Price $3,500,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 6,640 sqft

Price per Sqft $527

MLS Listing ID SB-24049689

Year Built 1978

Lot Size 7,155 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Zoning ESR3YY

Interior

Heating Forced Air

Cooling None

Fireplaces Type None

Laundry Community

Exterior

Parking Features Gated

Garage Spaces 9.0

Pool None

Community Features Biking, Curbs, Dog Park, Park, Sidewalks, Suburban

Utilities Available Sewer Connected, Cable Available, Electricity Connected, Natural Gas Connected

Building

Lot Description Lot 6500-9999

Sewer Public Sewer

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


GET MORE INFORMATION

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.