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Retail-Residential Mixed-Use Property
For Sale
$2,600,000

319 Richmond, El Segundo, CA 90245

COMMERCIAL - El Segundo, CA

Property Size3,330 SF
Lot Size0.08 Acres
Price / SF$780.78
Days on Market113

Property Features for 319 Richmond

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 3
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 3, Laundry Room, Bathroom 4, Bedroom 1, Bedroom 3
Parking 7
Lot features Level with Street, Rectangular Lot
Directions 1 block West of Main St. 1 block North of Grand Ave.
Subdivision 141 - El Segundo
Standard status Active
APN 4136017019
Lot size 0.08 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1946
Floors in Building 2
Number of units 4
Listing Agency: Estate Properties
Listed By: Bill Ruane · License #00972400
Added: Apr 11 Changed: Jul 28 Last Checked: Aug 1 at 1:06AM
MLS# SB26091945

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

319 Richmond Street in El Segundo is a mixed-use property totaling approximately 3,330 square feet, with an approximately 1,400-square-foot retail component and residential space comprising three one-bedroom, one-bath units. Each unit includes a private patio, supporting tenant appeal for long-term living arrangements.

The property is located along El Segundo’s original Main Street corridor, in a walkable coastal submarket about four blocks from the Pacific Ocean. Richmond Street is described as a vibrant mix of retail, office, restaurants, shops, and boutiques, providing a complementary environment for both retail and residential uses.

For convenience, the property offers eight on-site parking spaces and dedicated storage for the residential units and/or tenants.

Key Highlights

  • Approx. 3,330 SF mixed‑use property with approx. 1,400 SF retail space plus residential units
  • Residential income: three spacious 1‑bedroom, 1‑bath units, each with a private patio
  • 8 on‑site parking spaces and dedicated storage for tenants and 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 $112.7k $33.84
− Vacancy −$7.4k −$2.23
EGI $105.2k $31.61
− OpEx −$31.6k −$9.48
NOI $73.7k $22.12
3,330 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.05M
$920.9K – $1.23M (±1% cap)
NOI $73,675 @ 7.0% cap · market cap 2.83%
Second Best
Multifamily LT 5
$830.8K
$726.9K – $969.2K (±1% cap)
NOI $58,154 @ 7.0% cap · market cap 2.24%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M (±1% cap)
NOI $124,801 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Farmers Insurance - Sylvia ... Insurance Agency

Suggested Use

Top Pick Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Catering Service Storage Facility Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,486
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Mixed-use building with retail space and three one-bedroom units, each with private patios, plus eight on-site parking spaces.
Where is this triplex 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: Approx. 3,330 SF mixed‑use property with approx. 1,400 SF retail space plus residential units; Residential income: three spacious 1‑bedroom, 1‑bath units, each with a private patio; 8 on‑site parking spaces and dedicated storage for tenants and customers
More about this property
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