Millman Team Real Estate

$1,799,000
0.16 Acre Lot

848 Penn Street, El Segundo, California 90245

  • Residential Income Property Type
  • None Cars Garage
  • 1943 Year Built
Property Description

Nestled in a quiet neighborhood in El Segundo. R2 LOT 7268 sqft. This very attractive investment opportunity is a Triplex offering three well-maintained units – 2 x 1/1 & 1 x 2/1 – on a month to month basis with long-term tenants, strong & steady rental income. The fact that the ADU permit is in process for a 2-bedroom, 2-bathroom unit (1300 sqft) adds potential for increased value and income. Very well maintained property- Please do not disturb tenants. Drive by only.

Plans for two story ADU up to 1,200 sq ft per city’s approval. Will provide documentation from assesor’s office.All permit fees paid by seller.

Basic Details
Residential Income
For Sale
SB25056069
$1,799,000
1943
0.16 Acre
Active
1
Triplex
Features
: None
: None
: None
: Public Sewer
$0
Address Map
CA
Los Angeles
El Segundo
90245
Penn
848
Street
From Main St., East on Walnut, South on Penn St.
141 - El Segundo
ESR2YY
Additional Information
$0
$0
$0
$0
$0
1793
: Sidewalks, Street Lights, Curbs, Suburban, Gutter(s), Storm Drain(s)
1
: One
: Yard
3
2025-03-14
1755000
1
1
: Public
Broker/Agent Information
Estate Properties
Bill Ruane
Listing Information
Heba Abulazm
CLW-C105986
CLW-X81660
Real Estate Source, Inc.
SRUANWIL
S5228
Cash,Cash to New Loan,Conventional
Active
2025-08-15T19:24:54Z
CRMLS
: Standard
2025-03-14T16:34:28Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us