$1,889,000

848 Penn St El Segundo, CA 90245

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 848 Penn St

Nestled in a quiet neighborhood in El Segundo. R2 LOT 7268 sqft. This very attractive investment opportunity is a Triplex offering three well-maintained units - 2 x 1/1 & 1 x 2/1 - on a month to month basis with long-term tenants, strong & steady rental income. The fact that the ADU permit is in process for a 2-bedroom, 2-bathroom unit (1300 sqft) adds potential for increased value and income. Very well maintained property- Please do not disturb tenants. Drive by only.

Highlights

Home typeTriplex
StatusActive
Lot size0.1641 Acres
Year built1943
MLS #SB25056069

Summary

  • MLS Number: SB25056069
  • MLS Name: CRMLS
  • Office Name: Estate Properties
  • Office Phone: (310) 877-2374
  • Listing Agent: Bill Ruane

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/18/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of side of property with stucco siding

$1,889,000

848 Penn St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 06, 2021
Home Sold
$1,530,000
Mar 24, 1993
Home Sold
$43,000
Nov 30, 1989
Home Sold
$108,000
Nov 30, 1989
Home Sold
$292,000
Jun 03, 1988
Home Sold
$108,500

Tax history

YearAssessmentProperty Tax
2024$1,624,108$18,298
2023$1,592,272$17,812
2022$1,561,060$18,011
2021$584,606$6,966
2020$578,157$6,653
2019$566,822$6,219
2018$555,709$6,369
2017$544,814$6,369

History based on county public records data.

Nearby schools

9

Center Street Elementary School

Public District KG-5

0.4 mi

700 Center St

9

Richmond Street Elementary School

Public District KG-5

0.6 mi

615 Richmond St

3

Loyola Village Elementary

Public Magnet KG-5

2.1 mi

8821 Villanova Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $117,005. The most common annual income of people living in El Segundo, CA is between $100k-200k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

9%
<35k
29%
35k-100k
39%
100k-200k
23%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
9%
Single, with Kids
26%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
11%
12-17 yrs old
18%
18-34 yrs old
47%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • MercedesMercedes
  • AudiAudi
  • ToyotaToyota

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 848 Penn St in El Segundo, CA and zip code 90245 in the South Bay neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 15, 2025 and is currently priced at $1,889,000.

In February 2025, from all listings sold in El Segundo, CA there were more than 4 sold above asking price, over 5 sold below and more than 1 were sold right at the asked price. The number of listings in El Segundo, CA decreased by 3.7% between January and February 2025. The median list price of listings available in February 2025 was $1,695,000, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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