Listing Agent:      Broker/Office:
529 Walnut E El Segundo CA 90245
$ 1,995,000
  4   |    4   |    2520 Sq Feet

Listing ID

#PW26040061

Status

Active

Property Type

Quadruplex

County

Los Angeles

Year Built

1940

Days on website

2

Description
529 E Walnut Avenue is a well-located multifamily investment opportunity in the heart of El Segundo, one of the most desirable and supply-constrained coastal submarkets in Los Angeles County. Situated on a 7,819 square foot lot, the property features approximately 2,520 rentable square feet across four separate structures, offering a rare bungalow-style layout in a high-barrier-to-entry neighborhood. The property has benefited from recent LAWA-completed capital improvements, including new windows, doors, and central air conditioning across all units, as well as new electrical panels.

The property is configured with four 1-bedroom / 1-bathroom units, including two detached front bungalows and a middle building comprised of two additional 1-bedroom / 1-bathroom units. A detached rear structure includes a nonconforming studio unit, providing additional income potential. The layout and unit mix appeal to long-term tenants seeking privacy, outdoor separation, and proximity to El Segundo’s walkable downtown, major employment centers, and the coast.

529 E Walnut Avenue presents a compelling value-add opportunity through rent growth, unit improvements, and operational enhancements in a premier South Bay location. With limited new multifamily development and consistently strong rental demand, the property offers investors the opportunity to acquire a well-positioned asset with meaningful upside in an A-level coastal market.
Location
Financial Information
List Price:  $ 1995000
Property Features
Community Features:  Biking
High School District:  El Segundo Unified
Levels:  One
Senior Community YN:  false
Structure Type:  Quadruplex
Water Source:  Public
High School District:  El Segundo Unified
MLS Area Major:  141 - El Segundo
City:  El Segundo
Senior Community YN:  false