SOLD
$2,748,900
Date 02/01/2024

945 Main Street
El Segundo, CA 90245

Apartment
Residence
5,012
Sqft
0.1539
Lot Size
Listing Agent: Christopher Van Vuuren CalDRE: 02060007 - Lyon Stahl Investment Real Estate, Inc., 714-655-0098
We are pleased to present the opportunity to acquire 945 Main Street, a 5-unit apartment complex. The property is centrally located with proximity to major employment centers, transportation hubs, and recreational amenities. This prime asset offers a compelling blend of stability and growth potential. Situated in the heart of El Segundo, 945 Main Street benefits from a strong rental market, historically low vacancy rates, and a well-maintained property.The subject property is comprised of two buildings totaling 5,012sf and is situated on a 6,700sf lot with an attractive unit mix of (2)one-bed/one-bath (1) 3-bed 2-bath (1)2-bed/1-bath and (1) 2-bed/1.5-bath townhouse style unit. Three (3) of the units will bedelivered rent ready providing the investors the opportunity to screen their tenants and immediately mark rents to market. Thereare six (6) dedicated carports as well as an on-site laundry facility for the tenant's convenience. Both roofs were replaced lessthan 5 years ago and much of the plumbing and the sewer has been replaced bolstering the propertys long-term durability.945 Main Street is not just an investment; it's an opportunity to participate in a thriving community and capitalize on the live-work-play environment that this location uniquely offers. With its strategic positioning, this property allows you to tap into thesteady demand for housing driven by nearby employment hubs while enjoying the coastal lifestyle that makes El Segundo asought-after destination. As an investor, you'll benefit from the property's consistent rental income, potential for valueappreciation, and the long-term stability provided by this dynamic and resilient market. Don't miss out on the chance to be partof the success story that is El Segundo's real estate market and the countless advantages it can bring to your investmentportfolio.
SB23206907
Apartment, 2 Story
Los Angeles
1977
0.1539 Acres
Public
2
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Listing Agent: Christopher Van Vuuren CalDRE: 02060007 - Lyon Stahl Investment Real Estate, Inc., 714-655-0098
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