Property Detail

848 Penn

El Segundo CA 90245

$1,699,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Bill Ruane of Estate Properties. Last updated 2025-11-11 09:11:47.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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