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Multifamily at 627 E Grand Avenue
$1,699,000
627 E Grand Avenue
El Segundo, Los Angeles, 90245
Active · 45 days on market

Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms
2
Building size
1,520 sqft
Lot size
7,007 sqft
Year built
1950
Stories
0
Garage spaces
2
Style
Bungalow
Heating
Wall Furnace
Cooling
None
Status
Active
Days on market
45
MLS #
246588295

About this property

Rare opportunity to own a charming El Segundo duplex featuring two detached cottages with private yards on one lot. This distinctive layout offers added privacy, flexibility, and character, with appealing possibilities for an owner-user or investor. The front cottage, which will be delivered vacant, offers approximately 800 sq. ft. with two bedrooms plus a flexible additional room ideal for a home office or den. A beautiful covered front porch adds classic cottage charm, while the private yard offers an inviting space to relax and enjoy the Southern California lifestyle. The second cottage is currently tenant-occupied, providing existing rental income. Live in the front cottage while benefiting from income generated by the second residence, or explore the property's potential as an investment. Both homes offer opportunities to renovate, restore, and personalize over time.Enjoy nearby restaurants, cafes, and boutiques along Main Street and Grand Avenue, with the beach just minutes away. Recreation Park is also close by, offering pickleball and tennis courts, baseball fields, playgrounds, green spaces, picnic areas, and community activities. Located within the El Segundo Unified School District, the property combines cottage charm with convenient access to local amenities. Whether you're seeking a home with built-in rental income or an investment with future possibilities, this detached duplex offers a distinctive opportunity in El Segundo.

Location

627 E Grand Avenue

El Segundo, Los Angeles, CA, 90245

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

627 E Grand Ave, El Segundo CA | Multifamily for Sale