34-Unit Apartment
For Sale
Contact for pricing
221 Concord St, El Segundo, CA 90245
Three-story furnished SRO property with shared bathrooms, tenant kitchens, and month-to-month occupancy.
Property SizeContact for details
Days on Market143
Property Features for 221 Concord St
General Information
Standard status
Active
Property subtype
Hospitality
Listing Agency:
Northmarq
(310) 621-8221
Listed By:
Brent Sprenkle · License #01290116
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 7:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq
Investment Insights
Based on property information with market context.
Located at 221 Concord St in downtown El Segundo, this 1912 three-story wood-frame and stucco apartment property contains 34 furnished SRO rooms. The units share common bathrooms, with each floor providing one or two bathrooms and a kitchen area for tenant use. Occupancy is structured on a month-to-month basis.
The property was previously operated as a hotel and is currently used as an apartment building. A basement recreational room is identified for possible conversion into additional ADUs, subject to applicable approvals. The offering reflects a 6% cap rate and a 9.79 GRM.
The property was previously operated as a hotel and is currently used as an apartment building. A basement recreational room is identified for possible conversion into additional ADUs, subject to applicable approvals. The offering reflects a 6% cap rate and a 9.79 GRM.
Key Highlights
- 34 SRO rooms in a three‑story, 1912 wood‑frame and stucco building
- Furnished units leased on a month‑to‑month basis
- Shared bathrooms, with 1 or 2 bathrooms on each floor
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,486
Businesses Nearby
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Business Placement
Demographics for 90245, CA
17,272
Population
7,677
Households
2.2
Avg Household Size
39
Median Age
63%
College-Educated
98%
High-School Grad
5.3 sq mi
ZIP Area
3,259
Density / Sq Mi
$149,149
Median Household Income
$83,427
Median Earnings
$2,547
Median Rent
$1,521,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story furnished SRO property with shared bathrooms, tenant kitchens, and month-to-month occupancy.
Where is this apartment building located?
The property is located at 221 Concord St El Segundo, CA.
What are key features of this property?
This property features: 34 SRO rooms in a three‑story, 1912 wood‑frame and stucco building; Furnished units leased on a month‑to‑month basis; Shared bathrooms, with 1 or 2 bathrooms on each floor
