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411 E Franklin, El Segundo, CA 90245

$2,450,000
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  • —

    bed

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    bath

Multi-family for sale 30 days

About 411 E Franklin

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 6,436 Sqft
Movoto estimate
Parking 5 garage spaces
Rental estimate
Property description
Rare opportunity to own a well-appointed four-unit property just a few blocks from the heart of Downtown El Segundo. Each residence offers a desirable 2-bedroom, 1-bathroom single-level floor plan with its own private entrance, in-unit laundry and dedicated one-car garage, creating a residential feel rarely found in multifamily properties. The standout owner’s unit has been beautifully and extensively renovated, featuring a fresh, elevated interior, multiple ductless mini-split heating and air conditioning systems, and an incredible private backyard—an exceptional outdoor space perfect for entertaining, dining and relaxing. The owner’s unit also includes two private one-car garages, with EV charging installed in one, and will be delivered vacant at close of escrow, creating an ideal opportunity for an owner-user or the ability to place a new tenant at current market rent. With four thoughtfully laid-out residences, private entrances, in-unit laundry, abundant garage parking and a total of five one-car garages, 411 E Franklin Avenue offers a unique combination of lifestyle and investment potential in an exceptional El Segundo location just blocks from Downtown’s restaurants, shops and community amenities.
Listed by
Listing Agent - Julie Lyon
Listing Agent Contact: 3103451239
Listing Office - Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS mls logo
MLS#SB26202814 • last updated 1 month ago
Movoto checked CRMLS for data 1 minute ago
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Overview
Type Residential Income
SubType Commercial/Residential
Status Active
Lot Size (Acres) 0.1478
Lot Size (SqFt) 6436
Year Built 1963
Interior
Laundry Inside
Exterior
Building Area Square Feet, 3360
# Parking Spaces 10
# Garage Spaces 5
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs
Directions Corner Of Franklin And Arena St
APN 4135011012
Multifamily Details
Vacancy Allowance Rate 5
Vacancy Allowance 7974
Expense: Trash 3953
Operating Expense 51062
Cap Rate 4.1
Expense: Insurance 6000
Total Expenses 51062
Expense: Maintenance 4784
Expense: Water/ Sewer 5700
Gross Income 159480
Gross Operating Income 151506
Gross Multiplier 15.36
Gross Scheduled Income 159480
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  • Real Estate
  • CA
  • Los Angeles County
  • El Segundo
  • 90245
  • 411 E Franklin

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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