Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    424 Main St El Segundo, CA 90245-3002
    Back to Search
    Property profile & analytics

    424 Main St, El Segundo, CA 90245-3002

    View on Map
    • Retail space
    • 2,640 SF
    • 0.08 lot acres
    Off-Market
    Property ID
    US09-7693933
    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.
    Value Estimations
    $605,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Full Moon & High Tide Studios / Film Production / Television Studio

    Property Details for 424 Main St

    Year built
    1954
    Construction
    WOOD
    Lot size
    0.08 lot acres
    Zone code
    ESCRS*
    Property type
    Retail space
    APN
    4135-004-007
    APU
    4135004007

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 31, 2002 — David Sons Segal,m Tr Grant Deed · related —
    Dec 4, 2000 $625,000 Buck Trust 424 Main Street Grant Deed —
    Aug 30, 1996 $300,000 424 Main St. B K Associates Grant Deed $240k · First Coastal Bank
    — — B K Assoc — Deed Of Trust · related $750k · American Pacific State Bank
    — — B K Assoc — Deed Of Trust · related $100k · American Pacific State Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $815,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    El Segundo
    County
    Los Angeles
    State
    California
    Longitude
    -118.416
    Latitude
    33.9216
    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
    $10,623
    $553,979
    $369,315
    $923,294
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,420,000
      8,928 SF

      501 Main St

      RETAIL STORES (PERSONAL SERVICES)
      501 Main St, El Segundo, CA 90245-3006
      View Details
    • Value Estimation by Request
      1,650 SF

      121 Main St

      RETAIL STORES (PERSONAL SERVICES)
      121 Main St, El Segundo, CA 90245
      View Details
    • Value Estimation
      $905,000
      3,500 SF

      201 Grand Ave

      RETAIL STORES (PERSONAL SERVICES)
      201 Grand Ave, El Segundo, CA 90245-3740
      View Details
    • Value Estimation by Request
      1,250 SF

      305 Richmond St

      RETAIL STORES (PERSONAL SERVICES)
      305 Richmond St, El Segundo, CA 90245-3729
      View Details
    • Value Estimation
      $545,000
      2,125 SF

      401 Main St

      RETAIL STORES (PERSONAL SERVICES)
      401 Main St, El Segundo, CA 90245-3003
      View Details
    • Value Estimation
      $615,000
      1,920 SF

      446 Main St

      RETAIL STORES (PERSONAL SERVICES)
      446 Main St, El Segundo, CA 90245-3002
      View Details

    Similar Nearby for Sale

    • $2,600,000
      3,330 SF

      El Segundo Mixed-Use Opportunity

      Mixed-use property with retail and residential units in El Segundo.
      319 Richmond St, El Segundo, CA 90245
      View Details
    • $2,600,000
      3,300 SF

      Mixed-Use Property in Coastal El Segundo

      Mixed-use property with retail and residential units near the ocean.
      319 Richmond St, El Segundo, CA 90245
      View Details
    • $7,950,000
      14,350 SF

      El Segundo Commercial Building For Sale

      Commercial building with tenants in El Segundo, California.
      240 Center St, El Segundo, CA 90245
      View Details
    • $2,250,000
      4,459 SF

      El Segundo Multifamily Investment Opportunity

      Well-maintained 6-unit property in prime El Segundo location.
      1116 E Imperial Ave, El Segundo, CA 90245
      View Details
    • $2,250,000
      4,459 SF

      El Segundo Multifamily Investment Opportunity

      Well-maintained 6-unit property in prime El Segundo location.
      1112 E Imperial Ave, El Segundo, CA 90245
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      2,660 SF

      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
      3,600 SF

      Retail End Cap Space

      Retail space available for lease.
      821-837 N Douglas St, El Segundo, CA 90245
      View Details
    • $4 SF/Yr

      Prime Retail Space in El Segundo

      Free-standing retail opportunity in the heart of El Segundo.
      220 East Grand Ave, El Segundo, CA 90245
      View Details
    • Contact for pricing

      Prime Retail Junior Box Space

      17,710 SF retail space with excellent signage and accessibility.
      220 E Grand Ave, El Segundo, CA 90245
      View Details
    • Contact for pricing
      21,938 SF

      Furnished Office Space Available

      Plug-n-play, furnished office with amenities in El Segundo.
      400 N Continental Blvd, El Segundo, CA 90245
      View Details
    • Contact for pricing

      Office Space for Lease

      Office property available for rent in El Segundo, CA.
      898 Pacific Coast Hwy, El Segundo, CA 90245
      View Details
    Request Owner's contact information
    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.
    424 Main St
    El Segundo, CA 90245-3002
    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
    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

    Thank You for Inquiry
    424 Main St, El Segundo, CA, 90245
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!