Nestled in a quiet neighborhood in El Segundo. R2 LOT 7268 sqft. This very attractive investment opportunity is a Triplex offering three well-maintained units - 2 x 1/1 & 1 x 2/1 - on a month to month basis with long-term tenants, strong & steady rental income. The fact that the ADU permit is in process for a 2-bedroom, 2-bathroom unit (1300 sqft) adds potential for increased value and income. Very well maintained property- Please do not disturb tenants. Drive by only.
Plans for two story ADU up to 1,200 sq ft per city's approval. Will provide documentation from assesor's office.All permit fees paid by seller.
For sale
Listing Provided by:
Bill Ruane DRE #00972400 310-877-2374,
Estate Properties,
Heba Abulazm DRE #01391926 310-940-1999,
Real Estate Source, Inc.
$1,799,000
848 Penn St, El Segundo, CA 90245
4beds
3baths
1,793sqft
Est.:
Triplex
Built in 1943
-- sqft lot
$1,775,700 Zestimate®
$1,003/sqft
$-- HOA
What's special
Quiet neighborhoodWell-maintained units
- 158 days
- on Zillow |
- 719 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 12:24pm
Listing Provided by:
Bill Ruane DRE #00972400 310-877-2374,
Estate Properties,
Heba Abulazm DRE #01391926 310-940-1999,
Real Estate Source, Inc.
Source: CRMLS,MLS#: SB25056069
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 1 Common Wall,No One Above,No One Below
Interior area
- Total structure area: 1,793
- Total interior livable area: 1,793 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Entry location: Street
- Pool features: None
Lot
- Size: 7,150 Square Feet
- Features: Yard
Details
- Parcel number: 4133015014
- Zoning: ESR2YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
Location
- Region: El Segundo
Financial & listing details
- Price per square foot: $1,003/sqft
- Tax assessed value: $1,624,108
- Annual tax amount: $18,298
- Date on market: 3/14/2025
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 6650
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