848 Penn Street, El Segundo, CA 90245

Local realty services provided by:ERA Excel Realty
848 Penn Street,El Segundo, CA 90245
$1,699,000
  • - Beds
  • - Baths
  • 1,793 sq. ft.
  • Multi-family
  • Active
Listed by: bill ruane, heba abulazm
Office: estate properties
MLS#:SB25056069
Source:CRMLS

Price summary

  • Price:$1,699,000
  • Price per sq. ft.:$947.57

About this home

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.

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Home facts

  • Year built:1943
  • Listing ID #:SB25056069
  • Added:250 day(s) ago
  • Updated:November 20, 2025 at 02:18 PM

Rooms and interior

  • Living area:1,793 sq. ft.

Structure and exterior

  • Year built:1943
  • Building area:1,793 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,699,000
  • Price per sq. ft.:$947.57
Based on information from California Regional Multiple Listing Service, Inc. as of November 20, 2025 . 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 information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.