848 Penn Street El Segundo, CA 90245
Sold
Listing Courtesy of: CRMLS / Estate Properties / Bill Ruane - Contact:  310-877-2374

  848 Penn Street El Segundo, CA 90245

Sold on 12/17/2025
$1,650,000 (USD)

Description

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.

MLS #:
SB25056069
Lot Size
7,150 SQFT
Type
Multifamily
Year Built
1943
County
Los Angeles County

Listed By

Bill Ruane, Estate Properties, Contact: 310-877-2374
Bought with
Dimuth Wijemanne, Century 21 Affiliated
Source
CRMLS
Last checked Dec 24 2025 at 10:01 PM GMT+0000
Bathroom Details
Lot Information
  • Yard
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Stories
  • 1

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 26, 2025
Price Changed
$1,699,000
-2%
-$40,000
Sep 14, 2025
Price Changed
$1,739,000
-3%
-$60,000
May 08, 2025
Price Changed
$1,799,000
-5%
-$90,000
Mar 11, 2025
Listed
$1,889,000
-
-
Additional Information: Estate Properties | 310-877-2374
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.