221 Concord Street 221 Concord Street El Segundo, California 90245 Stati Uniti
221 Concord Street El Segundo, California 90245 Stati Uniti
$4,350,000
Ottenere le indicazioni stradali
Price reduced by $145,000. New asking price is $4,350,000. 221 Concord is a 1912 construction property in a prime downtown El Segundo location that is currently operated as an apartment building. Previously the property was operated as a hotel....
- .13 Acri
- Esterno
- Reddito Residenziale
- Tipo di immobile
- 1912
- Anno di costruzione
- 21798152
- ID Web
- 21798152
- ID del MLS
- 473
- giorni fa
A proposito di 221 Concord Street
Price reduced by $145,000. New asking price is $4,350,000. 221 Concord is a 1912 construction property in a prime downtown El Segundo location that is currently operated as an apartment building. Previously the property was operated as a hotel. The three-story wood frame and stucco structure has 34 rooms that are considered SROs (Single Room Occupancy) as they share common bathrooms. Each floor has 1 or 2 bathrooms as well as a kitchen area for tenants to use. Units are leased furnished with a month-to-month term. There are various value-added opportunities remaining including converting a large recreational room in the basement into additional units potentially as ADUs. The property is being offered at an unheard of 6.23% cap rate and 9.47 GRM with a low cost per unit of $127,911. Please submit all offers as the property is priced to sell immediately.
Listing Courtesy of Brent Sprenkle, Berkadia, 01290116, Active
Listing Courtesy of Brent Sprenkle, Berkadia, 01290116, Active
PROPERTY INFORMATION
- Parking Description
- Uncovered
INTERIOR
- Interior Features
- Ceiling Fan(s)
ADDITIONAL INFORMATION
- Number of Units
- 34
Listing Courtesy of Berkadia
Based on information from CRISNet MLS as of at the data was obtained. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
