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    848 Penn St El Segundo, CA 90245

    New
    Under Contract
    For Sale
    $1,699,000

    Triplex - El Segundo, CA

    Type:Triplex
    Property size:
    1,793 SF
    Lot size:
    7,150.00 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 848 Penn St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active Under Contract
    Zoning
    ESR2YY
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    4133015014
    Parking features
    None
    Exterior features
    Community Features Included: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban, Yard
    Size
    1,793 SF
    Lot size
    7,150.00 Acres

    Building Details

    Year built
    1943
    Floors in Building
    1
    Number of units
    3
    Architectural style
    Other

    Estate Properties (310) 378-9494 [email protected]

    Listing agent Bill Ruane (310) 378-9494 License #00972400

    Listing date Dec 11, 2025

    MLS# SB25056069 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    El Segundo Triplex with ADU Potential

    Located in a quiet neighborhood of El Segundo, this property presents an investment opportunity. It features a well-maintained triplex consisting of two 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit. The units are currently occupied by long-term tenants on a month-to-month basis, providing a steady rental income. The property is situated on an R2 lot measuring 7268 square feet. A significant advantage is the in-process ADU permit for a 2-bedroom, 2-bathroom unit spanning 1300 square feet, which offers the potential to increase the property's value and income. Plans are in place for a two-story ADU, up to 1,200 square feet, pending city approval. The seller has already paid all permit fees. The property is very well maintained.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Segundo
    County
    Los Angeles
    State
    California
    Longitude
    -118.409434
    Latitude
    33.928512

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    FAQs

    What type of property is this?
    Triplex - Triplex in El Segundo with ADU permit in process.
    Where is this triplex located?
    The property is located at 848 Penn St El Segundo, CA.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: - ADU permit in process for a large 2-bedroom, 2-bathroom unit (1300 sqft) with permit fees paid by seller, adding significant value and income potential.; - Triplex with three well-maintained units (2- 1/1 & 1- 2/1) providing strong and steady rental income from long-term tenants.; - R2 lot with 7268 sqft in a quiet El Segundo neighborhood.
    (310) 378-9494
    Request Owner's contact information
    848 Penn St El Segundo, CA 90245
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    El Segundo, CA 90245
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    848 Penn St El Segundo, CA 90245
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