221 Concord St, El Segundo, CA 90245
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221 Concord St El Segundo, CA 90245

$3,895,000
  • 0 Beds
  • 0 Baths
  • 7,824 Sq.Ft.
For Sale
$3,895,000 Get Pre-Qualified

Map preview of 221 Concord St, El Segundo, CA 90245

Property Overview: 221 Concord St El Segundo, CA has -- bedrooms, -- bathrooms, 7,824 living square feet and 5,726 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Three story Boutique Hotel. Upon entering, the ground floor features 10 rooms, restrooms and showers, a full size kitchen and lounge area. The top two floors each have 12 rooms. Each floor has shared restrooms, kitchens and showers. Hardwood floors throughout. Amazing opportunity to own a hotel in Downtown El Segundo near restaurants, shops and the Los Angeles Airport.

Listed by Bill Ruane | BRE #00972400 | RE/MAX Estate Properties
Co-listed by Lynn O'Neil | BRE #00880080 | Beach City Brokers
Last checked: 8 minutes ago | Last updated: May 18th, 2024 | Source CRMLS | DOM: 110
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
5,726
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
SB24018593
City
El Segundo
County
Los Angeles
Time on Site
109 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 34
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 34
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $475,200
  • Total Rent: $475,200
  • Pro Forma/Market Rent: $530,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $475,200
  • Net Operating Income: $188,347
  • Gross Operating Income: $427,680
  • Vacancy Allowance: $47,520
Annual Expense Breakdown
  • Total Operating Expense: $239,333
  • Electric: $10,728
  • Gas/Fuel: $2,331
  • Trash: $10,371
  • Insurance: $6,117
  • Professional Management: $0
  • Water/Sewer: $6,022

Open Houses for 221 Concord St

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Property Details for 221 Concord St

Interior Features
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Wood
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 34
  • Parcel Number: 4136023013
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W Grand Ave. to Concord St.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local El Segundo Agent

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Sale History for 221 Concord St

View property's historical transactions
  • January, 2024

  • Jan 31, 2024

    Date

    Active

    CRMLS: SB24018593

    $3,950,000

    Price

Tax History for 221 Concord St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

221 Concord St is listed 132.54% higher than the median list price for the city of El Segundo which has a median list price of $1,675,000. The median price per/sqft for El Segundo is $758 and this home is listed at $497.83 per/sqft which puts the price per square foot 34.32% lower than the median price per square foot for the city of El Segundo.

About 221 Concord St

Detailed summary of property

221 Concord St is a mixed use located in El Segundo, CA 90245 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 7,824 living square feet, and sits on an approximately 5,726 square foot lot. 221 Concord St was first listed on ArdentRealEstateGroup.com on February 1, 2024. The homeowner is currently asking $3,895,000 and was originally asking $3,950,000. The median priced home in El Segundo is $1,675,000 with a median price per square foot of $758. Based on Ardent Real Estate Group's El Segundo Market Data, this home is listed 132.54% higher than the median priced home. Local competing homes currently for sale include 315 Cherry Ave, 245 Temple Ave and 1108 Termino Ave. While the average home in El Segundo, CA is selling in 86 days, 221 Concord St has a days on market of 110 days. There are currently 26 homes for sale in the El Segundo real estate market and 16 of them are single family homes while 6 of them are condos and 4 are townhomes. For more information on this home for sale at 221 Concord St 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 221 Concord St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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
$1,675,000
Median List Price/Sq.Ft.
$758
Median Sold Price
$1,210,000
Median Sold Price/Sq.Ft.
$758
Total Inventory
26
Median Sale to List Price %
110.1%
Avg Days on Market
29
Loan Type
Conventional (62.5%), FHA (0%), VA (0%), Cash (12.5%), Other (25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.