1625 E Palm Ave Ave, El Segundo, CA 90245

Property Description

4% CAP and 16.97 GRM! Two beautifully remodeled four-unit buildings (1625 - 1627 E Palm Ave) one block from Pacific Coast Highway and walking distance to El Segundo’s Smoky Hollow district. Both FOURPLEX apartments have their own APN allowing them to be bought/sold together or separately. Each building contains an identical unit mix of three 2 BED 1 BATH and one 3 BED 1.75 BATH for a total of eight units. Additionally, four out of the six 2 BED 1 BATH AND BOTH 3 BED 1.75 BATH come with a large, private yards that are immaculately landscaped and two of the 2 bed 1 baths come with a large private deck. Each unit comes with brand new stainless-steel appliances including: FRIDGE, OVEN/RANGE, MICROWAVE AND DISHWASHER. They also include a BRAND-NEW WASHER AND DRYER in each unit! All eight units are assigned a driveway parking space AND a shared enclosed garage parking spot with brand new automatic modern garage doors. The interiors include BRAND NEW: Shaker white cabinets in the kitchen and bathrooms, grey quartz counters, tile floors in the bathrooms, stylish wood laminate floors throughout, new tub and wall tile, recessed lighting, new fixtures and SMOOTH CEILINGS throughout! The exterior received a fresh and modern make over with NEW: SMOOTH STUCCO, ROOF, COPPER PLUMBING, RAILINGS, INTERIOR DRAINS LINES AND SOME MAIN LINES, DOORS & WINDOWS (some newer than others), 1625 side has brand new electrical sub panels and main service panel, GARAGE DOORS AND NEW LANDSCAPING!