115 Penn St El Segundo, CA 90245-3908
Property profile & analytics
115 Penn St, El Segundo, CA 90245-3908
- Manufacturing properties
- 2,850 SF
- 0.13 lot acres
Property ID
US09-6789847
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- South Bay Customs / Hotel & Motel / Resort
Property Details for 115 Penn St
- Year built
- 1953
- Construction
- WOOD
- Lot size
- 0.13 lot acres
- Zone code
- ESM1*
- Property type
- Manufacturing properties
- APN
- 4135-018-016
- APU
- 4135018016
Description
This exceptional 3,570 square foot mixed-use industrial property in El Segundo, California, presents a unique investment opportunity. Situated on a 0.13-acre lot in the desirable Smokey Hollow corridor, this single-story, 1953-built building boasts a 14-foot ceiling height and one dock-high door. Currently 100% occupied, generating a net operating income (NOI) of $96,000, the property offers a strong return on investment. Zoned M-1 for light industrial use, it's ideally suited for manufacturing, warehousing, or creative office space. Its strategic location near LAX, the Port of Los Angeles, and major freeways provides unparalleled access to transportation hubs. The property includes 2.11 parking spaces per 1,000 square feet. The asking price is $2,950,000, with a land value of $950 per square foot. This versatile space is perfect for an owner-user or as a continued investment property with its current tenant. The property's location in El Segundo's thriving industrial area, known for its low vacancy rate and strong cap rates, makes it a compelling investment in a dynamic and growing market. The APN is 4135-018-016. This is a rare opportunity to acquire a well-located, income-producing asset in a highly sought-after area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,940,000
- ML approach
- $1,975,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,970,000
Market price range: $418k - $1.97M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,220,000 Current use
- OFFICE BUILDING
- $2,185,000 Change: +79% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,735,000 Change: +42% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,320,000 Change: +8% Conversion: Easy
- MEDICAL BUILDING
- $1,295,000 Change: +6% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- El Segundo
- County
- Los Angeles
- State
- California
- Longitude
- -118.41
- Latitude
- 33.9169
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$23,545
$1,560,600
$520,200
$2,080,800
-
$0.00
$0.00
$0.00
