529 E Walnut, El Segundo, CA 90245
List Price: $1.7M
Listing Status: Active
Original List Price: $2M
0Days on Market: 85
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1940
Lot Size: 7,819 sq ft
Garage Spaces: 4
Private Pool: Yes
MLS Number: PW26029869
About This Property
5.35% CAP! - 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.
Listing provided by: Woody Stahl DRE #01399621 310-425-9838 broker@lyonstahl.com,