$10,000 Closing Credit¹
#SB25105600, Alejandro Abad, Listing office: Tower-60
#SB25056069·
Listing office: Estate Properties·
Listing agent: Bill Ruane·
Listing office phone: 310-877-2374
$1,799,000 List price
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. Plans for two story ADU up to 1,200 sq ft per city's approval. Will provide documentation from assesor's office.All permit fees paid by seller.
Highlights
Home typeTriplex
StatusActive
Lot size0.1641 Acres
Year built1943
MLS #SB25056069
Summary
- Private Pool: No
- Parking: None
- List Price: $1,799,000
- HOA Amount: $0
- Annual Tax Amount: $18,298
- Tax Year: 2024
- Directions: From Main St., East on Walnut, South on Penn St.
- Year Built: 1943
- Stories: 1
- Lot Size: 0.1641 Acres
- MLS Number: SB25056069
- MLS Name: CRMLS
- Office Name: Estate Properties
- Office Phone: (310) 877-2374
- Listing Agent: Bill Ruane
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: 7/1/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,799,000
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
| Date | Event | Price |
|---|---|---|
| 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
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $117,005. The majority of El Segundo, CA residents have income between $100k-200k annually. The majority of 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 Theatre
Hiking/backpacking
Major League Soccer (MLS)
Where do the neighbors shop?
Bloomingdales
Banana Republic
H&M
Where do the neighbors go to eat?
Boston Market
Starbucks
Jack In The Box
What do the neighbors drive?
Mercedes
Audi
Toyota
What do the neighbors listen to?
News
Alternative
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
#DW25097812, Alfred Alcala, Listing office: Resolution Brokers
3 days on Rocket
$10,000 Closing Credit¹
#SB25140106, Bill Ruane, Listing office: Estate Properties
Frequently asked questions
About 848 Penn St
The listing price of 848 Penn St property is $1,799,000.
The property 848 Penn St is a multi located in El Segundo, California, 90245.
Active Listing: 848 Penn St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 848 Penn St are: Center Street Elementary School (GreatSchools Rating 9/10), Richmond Street Elementary School (GreatSchools Rating 9/10), Loyola Village Elementary (GreatSchools Rating 3/10), El Segundo Middle School (GreatSchools Rating 8/10), Katherine Johnson STEM Academy (GreatSchools Rating 5/10), Richard Henry Dana Middle School (GreatSchools Rating 9/10), Arena High (Continuation) (GreatSchools Rating 3/10), El Segundo High School (GreatSchools Rating 10/10), Da Vinci Science (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $18,298 (source: MLS/based on county public records data).
The last sale was on January 6, 2021 for $1,530,000 (source: MLS/tax record).
The year of construction for 848 Penn St is 1943.
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 $1,799,000.
Over 2 listings were sold over their listed price in May 2025 in El Segundo, CA. In the same period over 4 listings were sold below the listed price and 2 listings were sold for the listed price. In May 2025 in El Segundo, CA there were 8.8% less homes for sale than in April. Listings spent 11 days on the market in May 2025, and had a median list price of $1,565,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.