349 Virginia Street, El Segundo
El Segundo Home For Sale
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.
Property Details
Additional Information
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- City:
- El Segundo
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- County:
- Los Angeles
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- Zip:
- 90245
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- MLS® #:
- SB24049689
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- Bedrooms:
- 14
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- Bathrooms:
- 10
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- Lot Size:
- 0.16
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- Levels:
- Three Or More
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- Garages:
- 9
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- HOA Dues:
- $
Price Change History for 349 Virginia Street, El Segundo, (MLS® #SB24049689)
| Date | Details | Price | Change |
|---|---|---|---|
| Active | – | – | |
| Price Reduced (from $3,800,000) | $3,695,000 | $105,000 (2.76%) | |
| Pending (from Active) | – | – |
Based on information from California Regional Multiple Listing Service, Inc. as of May 9th, 2024 at 6:55am PDT. 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.