848 Penn Street, El Segundo, CA

$1,699,000

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4

Beds

3

Baths

0.16

Acres

About 848 Penn Street

Nestled in a quiet El Segundo neighborhood, this well-maintained triplex sits on a 7,268 sq ft R2 lot and offers strong income potential. The property features three units: two 1-bed/1-bath units and one 2-bed/1-bath unit. The property has a history of steady and reliable rental income. A major value-add opportunity is in progress: plans and permits are underway for a two-story 2-bed/2-bath ADU (approx. 1,2001,300 sq ft, pending city approval). All permit fees have been paid by the seller, and documentation from the Assessors Office is available upon request. This is a rare chance to invest in a turnkey property with immediate upside potential.

Features of 848 Penn Street

MLS® # SB25056069
Price $1,699,000
Bedrooms 4
Bathrooms 3.00
Acres 0.16
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 848 Penn Street
Area EL SEGUNDO (90245)
City El Segundo
County Los Angeles
State CA
Zip Code 90245

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 1 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Date Listed March 11th, 2025
Days on Market 218
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEstate Properties

Listing Map

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