El Segundo, CA 90245,731 Indiana CT
El Segundo, CA 90245,731 Indiana CT
El Segundo, CA 90245,731 Indiana CT
8
$2,275,000
$2,250,000
1.1%
Est.Price: ?

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8,979 Sqft Lot

731 Indiana CT El Segundo, CA 90245

Est. payment /mo
SOLD DATE : 09/26/2024

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Key Details

Sold Price $2,275,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPW24168470

Sold Date 09/26/24

Originating Board California Regional MLS

Year Built 1955

Lot Size 8,979 Sqft

Property Description

731 Indiana Ct is a well-maintained 4-unit apartment building located in the desirable El Segundo submarket and is part of a 45-unit portfolio. This property, perfect for an investor or owner-user, offers a great unit mix with spacious units, including (1) 3-bed/2-bath unit and (3) 2-bed/1-bath units. Two of the units feature private outdoor patio spaces, enhancing the living experience for residents. The two-story building spans 3,399 square feet on a generous 8,979 square foot lot. With a CAP Rate of 4.23% and a Gross Rent Multiplier (GRM) of 16.38, this property presents a strong financial investment opportunity. A carport is available for 4 cars, with tandem parking allowing a total of 12 parking spaces for tenant convenience. Located within the highly-regarded El Segundo Unified School District, 731 Indiana Ct is ideal for families and professionals. The property enjoys a prime location, offering easy access to vibrant downtown El Segundo, with a variety of restaurants, shops, and entertainment options nearby. Additionally, it is less than a 10-minute drive from the beach and LAX, providing excellent accessibility to major attractions and transportation hubs.

Location

State CA

County Los Angeles

Area 141 - El Segundo

Interior

Laundry Laundry Area

Exterior

Garage Spaces 4.0

Pool None

Building

Water District - Public

Others

Tax ID 4139018026

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Woody Stahl • Lyon Stahl Investment Real Est
Bought with Brett Lyon

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Paul Locatelli

Broker Associate | License ID: 1348436

+1(831) 750-9795

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