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 Segundo’s 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.
Bedrooms
4
Bathrooms
4
Square Feet
2,520
Lot Size
7,819 sqft
Year Built
1940
Property Type
Quadruplex
Days on Market
80
HOA Fee
N/A
Garage Total
4
MLS #
PW26040061
Interior Features
All Bedrooms Down
Laundry
Common Area
Main Level Master
Yes
| Rating | School Name |
|---|---|
N/A | Arena High (Continuation) High School |
10 | El Segundo High High School |
10 | Center Street Elementary Elementary School |
10 | Richmond Street Elementary Elementary School |
10 | El Segundo Middle Middle School |
Based on price, location, and features