Listed by Lyon Stahl Investment Real Estate
$1,700,000
529 E Walnut
Details
APN 4133013016
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,520
Net Rentable (SqFt) 2,520
Units 4
Cap Rate 5.35%
NOI $90,943
Occupancy 100%
Pro-Forma Cap Rate 6.36%
Pro-Forma NOI $108,159
Price per SqFt $675
Year Built 1940
Buildings 3
Stories 1
Lot Size (SqFt) 7,819
Zoning Public Rec
Multifamily | 4 Units | $425,000/unit
Marketing description
5.35% CAP! - 529 E Walnut Avenue is a well-located multifamily investment opportunity in the heart of El Segundo, one of the most desirable and supply-constrained coastal submarkets in Los Angeles County. Situated on a 7,819 square foot lot, the property features approximately 2,520 rentable square feet, offering a rare bungalow-style layout in a high-barrier-to-entry neighborhood. The property has benefited from recent LAWA-completed capital improvements, including new windows, doors, and central air conditioning across all units, as well as new electrical panels. The property is configured with four 1-bedroom / 1-bathroom units, including two detached front bungalows and a middle building comprised of two additional 1-bedroom / 1-bathroom units. The layout and unit mix appeal to long-term tenants seeking privacy, outdoor separation, and proximity to El Segundos walkable downtown, major employment centers, and the coast. 529 E Walnut Avenue presents a compelling value-add opportunity through rent growth, unit improvements, and operational enhancements in a premier South Bay location. With limited new multifamily development and consistently strong rental demand, the property offers investors the opportunity to acquire a well-positioned asset with meaningful upside in an A-level coastal market.
Investment highlights
Well-Located 4-Unit Multifamily Property in the Heart of El Segundo
(4) 1-Bed / 1-Bath Bungalow Style Units
Owner User Opportunity – (1) 1-Bed Unit Can Be Delivered Vacant
New Electrical System & Panels, New HVAC, New Windows & Doors
(2) Detached 1-Bed / 1-Bath Bungalows in the Front, (1) Middle Building with (2) 1-Bed / 1-Bath Units
Recent Capital Improvements: LAWA-Completed Upgrades Including New Windows, Doors, and Central A/C Across All 4 Units, and New Electrical Panels
Approximately 2,520 SF of Rentable Space on a 7,819 SF Lot
Value-Add Opportunity in a Highly Desirable, Supply-Constrained Coastal Submarket
5.35% CAP & 13.47 GRM | Upside to 6.36% Market CAP & 11.81 Market GRM
Listing Contacts
Listed by Lyon Stahl Investment Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$90,943.00
$7,578.58/mo
Valuation Metrics
0
DSCR
5.35%
Cap Rate
5.35%
ROI
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