144 Whiting, El Segundo, CA 90245
Local realty services provided by:ERA North Orange County Real Estate
144 Whiting,El Segundo, CA 90245
$2,110,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: woody stahl, brett lyon
Office: lyon stahl investment real est310-425-9838
MLS#:PW26192864
Source:CRMLS
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Price summary
- Price:$2,110,000
About this home
144 Whiting St is a charming bungalow-style 5-unit apartment property located in the highly desirable El Segundo submarket. Built in 1953, the property features an attractive unit mix of four 2-bedroom/1-bath units and one studio unit, totaling approximately 3,324 square feet of improvements on a 6,455 square foot lot. The property features a unique low-density residential layout with private exterior entrances and four private 1-car garages, providing highly desirable on-site parking for tenants. Offered at $2,200,000, the property represents an attractive basis of $440,000 per unit, below the $466,105 average price per unit of the recent El Segundo multifamily sales comparables.
The property offers new ownership an immediate opportunity to improve income, with four of the five units currently on month-to-month leases and rental increases available upon acquisition. Current monthly rents total $11,150 compared to projected market rents of $14,150, representing approximately 27% remaining rental upside. At the asking price, the property generates a 3.89% current CAP rate with the potential to achieve a projected 5.21% pro forma CAP rate as rents are brought toward market levels.
Ideally situated near Downtown El Segundo, 144 Whiting St benefits from convenient access to the beach, LAX, major employment centers, dining, retail, and entertainment amenities. The property offers investors the opportunity to acquire a well-located, character-rich multifamily asset with strong long-term fundamentals in one of the South Bay’s most desirable coastal rental markets....
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Home facts
- Year built:1953
- Listing ID #:PW26192864
- Added:54 day(s) ago
- Updated:October 28, 2026 at 06:48 AM
Structure and exterior
- Year built:1953
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,110,000
Parking
- Total parking spaces:4
- Garage:Yes
- Garage spaces:4
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