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Sold for $2,275,000 on 09/26/24
  • Listing Provided by: 

    Woody Stahl DRE #01399621 woody@lyonstahl.com,

    Lyon Stahl Investment Real Est,

    Brett Lyon DRE #01717818 310-706-4066,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with: Lyon Stahl Investment Real Estate, Inc.
    $2,275,000

    731 Indiana Ct, El Segundo, CA 90245

    9beds
    5baths
    3,399sqft
    Mixed Use
    Built in 1955
    -- sqft lot
    $2,197,300 Zestimate®
    $669/sqft
    $3,123 Estimated rent

    Home value

    $2,197,300

    $1.98M - $2.44M

    $3,123/mo

    Zestimate® history
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    What's special

    731 Indiana Ct is a well-maintained 4-unit apartment building located in the desirable El Segundo submarket and is part of a 45-unit portfolio. This property, perfect for an investor or owner-user, offers a great unit mix with spacious units, including (1) 3-bed/2-bath unit and (3) 2-bed/1-bath units. Two of the units feature private outdoor patio spaces, enhancing the living experience for residents. The two-story building spans 3,399 square feet on a generous 8,979 square foot lot. With a CAP Rate of 4.23% and a Gross Rent Multiplier (GRM) of 16.38, this property presents a strong financial investment opportunity. A carport is available for 4 cars, with tandem parking allowing a total of 12 parking spaces for tenant convenience. Located within the highly-regarded El Segundo Unified School District, 731 Indiana Ct is ideal for families and professionals. The property enjoys a prime location, offering easy access to vibrant downtown El Segundo, with a variety of restaurants, shops, and entertainment options nearby. Additionally, it is less than a 10-minute drive from the beach and LAX, providing excellent accessibility to major attractions and transportation hubs.

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2024 at 05:56pm

    Listing Provided by:

    Woody Stahl DRE #01399621 woody@lyonstahl.com,

    Lyon Stahl Investment Real Est,

    Brett Lyon DRE #01717818 310-706-4066,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Brett Lyon, DRE #01717818

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: PW24168470MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,399
    • Total interior livable area: 3,399 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport
    • Carport spaces: 4
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 8,979 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 4139018026
    • Zoning: ESR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Park
    Location
    • Region: El Segundo

    Other

    Other facts
    • Listing terms: Conventional

    Price history

    DateEventPrice
    9/26/2024Sold$2,275,000+88.3%$669/sqft
    Source: CRMLS #PW24168470
    1/16/2018Listing removed$2,300$1/sqft
    Source: Grand Harbor Property Management Inc.
    1/12/2018Listed for rent$2,300$1/sqft
    Source: Grand Harbor Property Management Inc.
    6/3/2008Sold$1,208,000+70.1%$355/sqft
    Source: Public Record
    6/6/2002Sold$710,000$209/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$25,770 +45.2%$2,275,000 +46.2%
    2024$17,743 +2.7%$1,555,806 +2%
    2023$17,278 -1.1%$1,525,305 +2%

    Find assessor info on the county website

    Neighborhood: 90245

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $2,197,300

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,197,300