1625 E Palm Ave El Segundo, CA 90245

$4,900,000 Sold Price as of 12/31/2018

9 Beds
5 Baths
3,399 Sq.Ft.

Off Market

$4,900,000 Sold Price as of 12/31/2018 Refinance Your Mortgage

Map preview of 1625 E Palm Ave, El Segundo, CA 90245

Property Overview: 1625 E Palm Ave El Segundo, CA has 9 bedrooms, 5 bathrooms, 3,399 living square feet and 8,256 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1625 E Palm Ave is currently an off market home in the city of El Segundo. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of El Segundo has a median list price of $1,699,000. The median price per/sqft for El Segundo is $769. With those numbers in mind, if you are looking to purchase a median priced home in El Segundo, CA and put 20% down you will need to save up $339,800 for the down payment and will need roughly $33,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in El Segundo the commission could be as much as $60,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1625 E Palm Ave

Last sold for $4,900,000 on December 31st, 2018

December, 2018
Dec 31, 2018

Date

Sold

CRMLS: SB18205079

$4,900,000

Price
Dec 3, 2018

Date

Pending

CRMLS: SB18205079

$4,975,000

Price
Oct 24, 2018

Date

Price Change

CRMLS: SB18205079

$4,975,000

Price
Sep 13, 2018

Date

Price Change

CRMLS: SB18205079

$5,150,000

Price
Aug 24, 2018

Date

Active

CRMLS: SB18205079

$5,200,000

Price
Listing provided courtesy of CRMLS

4% CAP and 16.97 GRM! Two beautifully remodeled four-unit buildings (1625 - 1627 E Palm Ave) one block from Pacific Coast Highway and walking distance to El Segundo’s Smoky Hollow district. Both FOURPLEX apartments have their own APN allowing them to be bought/sold together or separately. Each building contains an identical unit mix of three 2 BED 1 BATH and one 3 BED 1.75 BATH for a total of eight units. Additionally, four out of the six 2 BED 1 BATH AND BOTH 3 BED 1.75 BATH come with a large, private yards that are immaculately landscaped and two of the 2 bed 1 baths come with a large private deck. Each unit comes with brand new stainless-steel appliances including: FRIDGE, OVEN/RANGE, MICROWAVE AND DISHWASHER. They also include a BRAND-NEW WASHER AND DRYER in each unit! All eight units are assigned a driveway parking space AND a shared enclosed garage parking spot with brand new automatic modern garage doors. The interiors include BRAND NEW: Shaker white cabinets in the kitchen and bathrooms, grey quartz counters, tile floors in the bathrooms, stylish wood laminate floors throughout, new tub and wall tile, recessed lighting, new fixtures and SMOOTH CEILINGS throughout! The exterior received a fresh and modern make over with NEW: SMOOTH STUCCO, ROOF, COPPER PLUMBING, RAILINGS, INTERIOR DRAINS LINES AND SOME MAIN LINES, DOORS & WINDOWS (some newer than others), 1625 side has brand new electrical sub panels and main service panel, GARAGE DOORS AND NEW LANDSCAPING!

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December, 2018
Dec 31, 2018

Date

Sold (Public Records)

Public Records

$4,900,000

Price
September, 2016
Sep 29, 2016

Date

Sold (Public Records)

Public Records

$1,585,000

Price

Tax History for 1625 E Palm Ave

Assessed Value (2020): $2,499,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,224,000	$1,275,000	$2,499,000

About 1625 E Palm Ave

Detailed summary of property

1625 E Palm Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in El Segundo, CA 90245 and last sold on December 31, 2018 for $4,900,000. This property has 9 bedrooms, 5 bathrooms, roughly 3,399 living square feet, and sits on an approximately 8,256 square foot lot. Homes in El Segundo are selling for a median price of $1,210,000 and a median price per square foot of $758. Based on Ardent Real Estate Group's El Segundo Market Data, this home is sold 304.96% higher than the current median priced home. 1625 E Palm Ave was last sold on December 31, 2018 for $4,900,000. Local nearby listings include 8005 Airlane Ave, 8038 Stewart Ave and 8108 Holy Cross Pl. The average home in El Segundo, CA is selling in 73 days. There are currently 28 homes for sale in the El Segundo real estate market and 18 of them are single family homes while 6 of them are condos and 4 are townhomes. If you are the homeowner and looking to sell the home at 1625 E Palm Ave El Segundo, CA 90245 contact Ardent Real Estate Group and we will put you in touch with one of our El Segundo agents.

Public Facts for 1625 E Palm Ave

Public county record property details

Beds: 9
Baths: 5
Year built: 1955
Sq. Ft.: 3,399
Lot Size: 8,256
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 19
APN: 4139-018-027

The source for these homes facts are from public records.

90245 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,850,000

Median List Price/Sq.Ft.

$769

Median Sold Price

$1,210,000

Median Sold Price/Sq.Ft.

$758

Total Inventory

Median Sale to List Price %

110.1%

Avg Days on Market

Loan Type

Conventional (62.5%), FHA (0%), VA (0%), Cash (12.5%), Other (25%)

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