This fully leased investment property at 240 Center Street offers a rare opportunity to acquire a stabilized asset in the heart of El Segundo, one of Los Angeles’ most business-friendly coastal cities. The two-story, 14,350-square-foot building sits on a prominent 0.47-acre corner lot along a primary east-west corridor, just one mile from the Pacific Ocean. Zoned M1, the property combines long-term tenancy with strong income stability, featuring a well-established veterinarian occupying the upper level and a sports memorabilia retailer on the ground floor.
El Segundo is a thriving hub for Fortune 500 companies, aerospace leaders, and entertainment firms, making it a magnet for both corporate and creative industries. The property benefits from excellent connectivity to Pacific Coast Highway, I-105, and I-405, as well as close proximity to Los Angeles International Airport. The city’s walkable downtown, vibrant dining scene, and proximity to major sports and entertainment venues—including the future home of the LA Clippers and Topgolf—enhance the long-term desirability of this location.
The combination of a prime coastal location, strong tenant mix, and limited supply of comparable properties makes this an exceptional opportunity for 1031 exchange buyers or investors seeking a stable, income-producing asset in the South Bay market.