529 E Walnut Ave - Apartments FOR SALE


El Segundo, CA 90245
$1,995,000 USD
310-710-3829
529 E Walnut Ave, El Segundo, CA for Sale
$1,995,000 USD
Apartments - FOR SALE
1/28
null | 4.19% Cap Rate

529 E Walnut Ave
El Segundo, CA 90245


HIGHLIGHTS

  • Well-Located 4-Unit Multifamily Property in the Heart of El Segundo | 4.19% CAP & 16.35 GRM | Upside to 5.26% Market CAP & 13.85 Market GRM
  • (4) 1-Bed / 1-Bath Bungalow Style Units + Additional Detached Nonconforming Studio Unit
  • Recent Capital Improvements: LAWA-Completed Upgrades Including New Windows, Doors, and Central A/C Across All 4 Units, and New Electrical Panels
  • Approximately 2,520 SF of Rentable Space on a 7,819 SF Lot
  • Value-Add Opportunity in a Highly Desirable, Supply-Constrained Coastal Submarket

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$641 USD /SF

# OF UNITS

4

PRICE/UNIT

$498,750

CAP RATE

4.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,819 SF

ZONING

ESR3YY

APN/PARCEL ID

4133-013-016

ASK ABOUT THIS PROPERTY

Woody StahlLyon Stahl Investment Real Estate, Inc.More Info
310-710-3829

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Woody StahlLyon Stahl Investment Real Estate, Inc.More Info
310-710-3829

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.