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Closed
- Listed price
- $1,995,000
- Listed Apr 3, 2012
- Sold price
- $1,875,000
- Sold Sep 12, 2012
8,808 sqft lot|1960 Built|144 MLS days on market
308 Maryland St, El Segundo, CA 90245
Property Description
PRICE REDUCED. 11.23 GRM for El Segundo on actual income. 5.33% Cap Rate. This is a perfect "Value Add" opportunity. Same owners/managers for over 23 years. Originally constructed as two 5-unit buildings, and currently, and for the last 23 years the property has been rented as two, 7-unit buildings. The reconfiguration was not done with a permit however the modification consisted simply of closing off an interior doorway between the converted units (Please see the flyer for details). Due to the original gas and electric metering for 10 units, the owner pays untilities for the eight restructured units. If converted back to 10 units the owner would no longer need to pay these utilities (Refer to the flyer for an proforma as a 10-unit building). The rear units have views to the east of the city and mountains. The property is near the highest point in El Segundo and is across the street from Hilltop Park which features a pool and playground. A buyer will be able to secure new financing at historically low interest rates. The unit mix consists of: 4 x Bachelors, 2 x Studios, 8 x 1-Bed, 1-Bath (One of the one-bedroom units is furnished). PLEASE DO NOT DISTURB RESIDENTS.
Listing agent: Michael McKinneyDRE #00634672mmckinney@hpapts.com, Listing office: Hendricks & Partners
MLS data updated 11/3/2026, 1:08:11 PM PT
Source: CRMLSMLS #: S12043485
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,875,000
Sep 12, 2012
Available records32012
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90245 · Nov 2026
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ZIP 90245 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
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