Mixed-Use Building with
For Sale
$2,600,000
319 Richmond, El Segundo, CA 90245
Retail storefront plus three residential units with on-site parking and storage at a coastal El Segundo address.
Property Size3,300 SF
Price / SF$787.88
Days on Market173
Property Features for 319 Richmond
General Information
Standard status
Active
Size
3,300 SF
Total Parking Spaces
8
Property subtype
Mixed Use
Additional Details
Multifamily Units
3
Building Details
Year Built
1946
Listing Agency:
(310) 647-1635
Listed By:
Estate Properties
Source:
Xome
Added: Feb 9
Changed: Jul 10
Last Checked: Jul 16 at 6:40AM
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 Estate Properties
Investment Insights
Based on property information with market context.
319 Richmond Street is a mixed-use property totaling approximately 3,330 square feet, with about 1,400 square feet of retail space. The residential component consists of one two-bedroom, one-bath unit and two one-bedroom, one-bath units. Dedicated storage is included for residential tenants, supporting day-to-day convenience.
The property is located along the original Main Street corridor in El Segundo and is described as being about four blocks from the Pacific Ocean. The surrounding area is characterized in the remarks by a mix of retail, office, restaurants, shops, and boutiques, creating a walkable environment for customers and residents.
From an operator’s perspective, the building supports a live/work or leased-in-place structure with separate retail and residential income opportunities. The retail space is sized to accommodate a variety of commercial uses, while the three on-site residential units provide additional rental appeal. Eight on-site parking spaces further enhance convenience for both tenants and customers visiting the retail space. The property may be of interest to investors seeking a leased investment or an owner-user looking to occupy the retail portion while maintaining residential income.
The property is located along the original Main Street corridor in El Segundo and is described as being about four blocks from the Pacific Ocean. The surrounding area is characterized in the remarks by a mix of retail, office, restaurants, shops, and boutiques, creating a walkable environment for customers and residents.
From an operator’s perspective, the building supports a live/work or leased-in-place structure with separate retail and residential income opportunities. The retail space is sized to accommodate a variety of commercial uses, while the three on-site residential units provide additional rental appeal. Eight on-site parking spaces further enhance convenience for both tenants and customers visiting the retail space. The property may be of interest to investors seeking a leased investment or an owner-user looking to occupy the retail portion while maintaining residential income.
Key Highlights
- Approximately 3,330 SF property with 1,400 SF of retail space plus three residential units.
- Residential mix: one 2‑bedroom 1‑bath unit and two 1‑bedroom 1‑bath units.
- Eight on‑site parking spaces for tenants and retail customers.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.7k | $33.84 |
| − Vacancy | −$7.4k | −$2.23 |
| EGI | $104.3k | $31.61 |
| − OpEx | −$31.3k | −$9.48 |
| NOI | $73.0k | $22.12 |
3,300 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.04M
$912.6K – $1.22M
NOI $73,011 @ 7.0% cap · market cap 2.81%
Second Best
Mixed Use
$954.6K
$835.3K – $1.11M
NOI $66,825 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,677 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,486
Businesses Nearby
Explore this area
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
$1,521,600
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA
Properties on Market for Mixed-use properties in Los Angeles County
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail storefront plus three residential units with on-site parking and storage at a coastal El Segundo address.
Where is this mixed-use property located?
The property is located at 319 Richmond El Segundo, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Approximately 3,330 SF property with 1,400 SF of retail space plus three residential units.; Residential mix: one 2‑bedroom 1‑bath unit and two 1‑bedroom 1‑bath units.; Eight on‑site parking spaces for tenants and retail customers.
