Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2120 Park Pl El Segundo, CA 90245

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Fully leased office property in El Segundo, California.

    Lot size:
    2.23 Acres

    Property Features for 2120 Park Pl

    General Information

    Lot size
    2.23 Acres

    We can help!

    Listing Contact
    Bob Healey
    Source: Moodyscre

    Listing Agent: Bob Healey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    El Segundo Office Space

    The property is located at 2120 Park Pl, El Segundo, CA. It is currently 100% leased and has no current availability.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Unbroken Studios (Bike/Boat/Book/etc) Store ChargePoint Charging Station Electric Vehicle Charging Station NEOGOV (Bike/Boat/Book/etc) Store Bandai America Inc Distribution Center Romanez Garage Door ... Building Supply

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    Optech Services, Apple Manhattan Village, South Bay Cinema Rentals, Pod Inc., eBlocks

    Location Insight

    • Map
    • Local Demand
    City
    El Segundo
    County
    Los Angeles
    State
    California
    Longitude
    -118.3871256
    Latitude
    33.9044848

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Spaces El Segundo LAX

      Find fully flexible work and meeting space in Spaces El Segundo LAX
      360 Pacific Coast Hwy, El Segundo, CA 90245
      View Details
    • Contact for pricing

      Continental Grand

      Meet, work or collaborate in our professional Continental Grand business center
      400 Continental Blvd, El Segundo, CA 90245
      View Details
    • $3 SF/Yr

      Creative Space with Indoor/Outdoor Workspace

      Creative space with furniture, patios, and easy freeway access.
      2250 E Maple Ave, El Segundo, CA 90245
      View Details
    • $2 SF/Yr

      El Segundo Office Space Available

      Office space for rent in El Segundo, California.
      200 N Continental Blvd, El Segundo, CA 90245
      View Details
    • Contact for pricing
      10,341 SF

      El Segundo Office Space Available

      Office space for rent in El Segundo, California.
      2301-2321 Rosecrans Ave, El Segundo, CA 90245
      View Details
    • $6 SF/Yr

      Retail Space with Open Plan

      Retail space featuring an open plan, kitchen, and storage.
      309 N Pacific Coast Hwy, El Segundo, CA 90245
      View Details
    • Contact for pricing
      33,738 SF

      El Segundo Freestanding CTU Building

      Freestanding building in El Segundo, sublease through 07/31/2027.
      215 S Douglas St, El Segundo, CA 90245
      View Details
    • Contact for pricing
      11,518 SF

      El Segundo Office Suite Available

      Office suite featuring multiple rooms and open kitchen for rent.
      2330 Utah Ave, El Segundo, CA 90245
      View Details
    • Contact for pricing

      Creative Office Warehouse Space

      Creative office space with heavy power and new bathrooms.
      750 Lairport St, El Segundo, CA 90245
      View Details
    • Contact for pricing
      3,800 SF

      Creative Office Space Available

      Move-in ready creative office space available for sublease.
      123-125 Lomita St, El Segundo, CA 90245
      View Details
    • Contact for pricing
      13,211 SF

      El Segundo Flex Space Available

      Flex space with offices, conference room, and open area.
      2333 Utah Ave, El Segundo, CA 90245
      View Details
    • Contact for pricing
      63,613 SF

      El Segundo Warehouse with Yard

      Freestanding building with fenced yard near PCH & LAX.
      1921 E Mariposa Ave, El Segundo, CA 90245
      View Details

    FAQs

    What type of property is this?
    Office property - Fully leased office property in El Segundo, California.
    Where is this office property located?
    The property is located at 2120 Park Pl El Segundo, CA.
    What are key features of this property?
    This property features: - 100% Leased: Provides immediate and consistent income stream.; - No Current Availability: Demonstrates high demand and occupancy.; - Stable Investment: Offers a reliable and predictable return.
    (310) 880-8171 Call to check price and availability
    Request Owner's contact information
    2120 Park Pl El Segundo, CA 90245
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2120 Park Pl
    El Segundo, CA 90245
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2120 Park Pl El Segundo, CA 90245
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Bob Healey
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!