134 Concord St, El Segundo, CA 90245

134 Concord St, El Segundo, CA 90245

El Segundo, CA
$2,350,000

Property Description

134 Concord Street is a recently updated 4-unit in El Segundo. The building was built in 1971 and consists of 4,949 SF of living space situated on a 5,603 SF lot. 134 Concord Street offers an ideal unit mix consisting of (1) 3-bed/2.5-bath home and (3) 2-bed/1-bath units. The property also features an on-site laundry facility and (8) total parking spaces – (3) 1-car garages, (1) 2-car garage, and (3) tandem spaces. The property is approximately 500 feet from all the restaurants and retail in Downtown El Segundo. This is an excellent opportunity for both owner-users and investors looking to maximize long-term growth potential in one of the least traded and desirable submarkets in Los Angeles.

Property Features

  • Sale Price: $2,350,000
  • Area Size: 4494 SF
  • Year Built: 1971
  • Listing Date: 6/21/2021
  • Closing Date: September 24, 2021
  • Units: 4
  • Current GRM: 18.39
  • Current Cap Rate: 3.86%
  • Market GRM: 16.67
  • Market Cap Rate: 4.24%

Lyon Stahl Investment Real Estate

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