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349 Virginia Street

El Segundo, CA 90245

– beds
– baths
– sqft
7,155 sqft lot
1978 build
– on site

Located on a beautiful, tree-lined street in an idyllic location, this 7-unit walk-up apartment building is surrounded by well maintained apartments, townhomes, condominiums and single family homes, and offers an amazing opportunity for investment in one of the most highly sought after suburbs in Los Angeles. Built in 1978 by the family that still owns it, and meticulously maintains it, this is the first time this building has been on the market. There is 6,640 square feet of living space on a 50 X 143 Street to alley lot with 9 private garages (garages have been earthquake retrofit) and an additional 4 tandem parking spaces. This location in El Segundo is ideal, because it’s far away from any detrimental factors yet in close proximity to the downtown restaurants, the beach, employment hubs and transportation. All of the units offer two bedrooms, and most offer more than one bath. All but one of the units have been substantially refurbished, and the building itself has been lovingly maintained, including lush landscaping that gives the courtyard a welcoming, homey feel. 5 of the units are flats, and two are townhome style. 6 of the 7 units have fireplaces! All units have individual hot water heaters. There is a spacious on-site laundry for the units to share, and the building has been recently painted, replumbed, reroofed, and has new windows. The rents are mostly balanced, but there is still some upside. The building is professionally managed by First Light Property Management, a trusted name in local management for over 15 years. This is a property that you will be proud to own.

Listed By CRMLS_CA / Robert Freedman / DOMO Real Estate / 310-291-7779

Last checked: Checking… • Last updated Apr 13, 2024 •

MLS# SB24049689 —

The Building

Year Built:

1978
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

No Common Walls
Building Area Total:

6640.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

7
Stories Total:

3
# of Separate Gas Meters:

8
# of Separate Water Meters:

1
# of Separate Electric Meters:

8

Interior

Levels:

Three Or More
Entry Location:

walk up
Fireplace:

No
Fireplace:

None
Laundry:

Community
Laundry:

1

Location

Directions:

Vista del Mar to Grand, east to Virginia, north to address
Latitude:

33.92029900
Longitude:

-118.41980400

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

ESR3YY
Lot Features:

Lot 6500-9999
Lot Size Area:

7155.0000
Lot Size Acres:

0.1643
Lot Size SqFt:

7155.00
Lot Size Source:

Assessor
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

6201.02
Tax Tract:

2667
Tax Lot:

26

The Listing

Buyer's Brokerage Compensation:

2.500%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2.50
Parcel Number:

4136018050

Heating & Cooling

Heating:

1
Heating:

Forced Air
Cooling:

No
Cooling:

None

Utilities

Utilities:

Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Disposal, Gas Oven, Gas Range
Included:

Yes

The Community

Senior Community:

No
Features:

Biking, Curbs, Dog Park, Park, Sidewalks, Suburban
Pool:

None
Private Pool:

No
Association:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking Spaces:

9.00
Garage Spaces:

9.00

Extra Units

Average 2 Bed Area:

950
Number With Carpet:

1
Number With Disposal:

7
Number With Dishwasher:

7
Number With Refrigerator:

7

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/13/24 Apr 13, 2024	Relisted	CRMLS_CA	$3,695,000	-2.8%
4/3/24 Apr 3, 2024	Pending	CRMLS_CA	$3,800,000
3/13/24 Mar 13, 2024	Listed / Active	CRMLS_CA	$3,800,000

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This multifamily located in Silicon Beach, El Segundo, CA 90245 is currently for sale for $3,695,000. 349 Virginia Street is a – square foot multifamily with – beds and – baths that has been on Estately for 46 days. 349 Virginia Street is in the Silicon Beach neighborhood of El Segundo and has a WalkScore® of 88, making it very walkable. This multifamily is in the attendance area of Richmond Street Elementary School, El Segundo High School, and El Segundo Middle School.

Listing Courtesy of: CRMLS_CA and DOMO Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 08:58 on Apr 27.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.