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. 1,200–1,300 sq ft, pending city approval). All permit fees have been paid by the seller, and documentation from the Assessor’s Office is available upon request.
This is a rare chance to invest in a turnkey property with immediate upside potential.
Sold for $1,650,000 on 12/17/25
Listing Provided by:
Bill Ruane DRE #00972400 310-877-2374,
Estate Properties,
Heba Abulazm DRE #01391926 310-940-1999,
Real Estate Source, Inc.
Bought with: CENTURY 21 Affiliated
$1,650,000
848 Penn St, El Segundo, CA 90245
4beds
3baths
1,793sqft
Triplex
Built in 1943
-- sqft lot
$-- Zestimate®
$920/sqft
$5,659 Estimated rent
Home value
Not available
Estimated sales range
Not available
$5,659/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 18, 2025 at 12:05pm
Listing Provided by:
Bill Ruane DRE #00972400 310-877-2374,
Estate Properties,
Heba Abulazm DRE #01391926 310-940-1999,
Real Estate Source, Inc.
Bought with:
Dimuth Wijemanne, DRE #01224890
CENTURY 21 Affiliated
Source: CRMLS,MLS#: SB25056069
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & 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 sqft
- 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 & neighborhood
Community
- Community features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
Location
- Region: El Segundo
HOA & financial
Other financial information
- Total actual rent: 6650
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2025 | Sold | $1,650,000-2.9%$920/sqft |
Source:  CRMLS #SB25056069 | ||
| 12/11/2025 | Pending sale | $1,699,000$948/sqft |
Source: CRMLS #SB25056069 | ||
| 9/26/2025 | Price change | $1,699,000-2.3%$948/sqft |
Source: CRMLS #SB25056069 | ||
| 9/14/2025 | Price change | $1,739,000-3.3%$970/sqft |
Source: CRMLS #SB25056069 | ||
| 5/8/2025 | Price change | $1,799,000-4.8%$1,003/sqft |
Source: CRMLS #SB25056069 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,708 +2.2% | $1,656,580 +2% |
| 2024 | $18,298 +2.7% | $1,624,108 +2% |
| 2023 | $17,813 -1.1% | $1,592,272 +2% |
Find assessor info on the county website
Neighborhood: 90245
Nearby schools
GreatSchools rating
- 9/10Center Street ElementaryGrades: K-5Distance: 0.4 mi
- 9/10El Segundo Middle SchoolGrades: 6-8Distance: 0.6 mi
- 10/10El Segundo High SchoolGrades: 9-12Distance: 0.4 mi
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