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539 Penn ST
EL SEGUNDO, CA 90245


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Property Remarks

539 Penn St. consists of two individual homes located in El Segundo. This turn-key property features a unit mix consisting of (1) 2-bed/2-bath and (1) 2-bed/1-bath units with 2,120 SF of total living area. The front of the property includes a landscaped yard area enclosed by a picket fence for additional privacy, and in the rear there are (2) 1-car garages. Both of the units are very well-maintained and have copper plumbing. The property generates excellent rental income and has upside market rent potential. This is the perfect investment opportunity for anyone looking to build their portfolio, and acquire prime real estate in the South Bay!

Property Details

MLS#
SB18021470MR
Days on Market
23
Year Built
1924

Location

State
CA
County
Los Angeles
Area
El Segundo

Presented By:

Listing provided courtesy of J.Woody Stahl , Lyon Stahl Investment Real Estate, Inc.


Exterior

Garage Spaces
2
Lot Acreage
2
Paved
No
Waterfront
No


Additional Property Details

Total Expense
$24,064
ADA Compliance
No

Community Features
Sidewalks

El Segundo

Biography: Known for its iconic lotus-covered lake, which has dramatic views of the Los Angeles skyline, Echo Park is an urban community that is known for attracting creative types seeking a home in the heart of everything.

Real Estate: Echo Park plays an early role in Los Angeles’ history and features many stately older homes. Echo Park real estate is varied and includes apartments, single family and multi-family residences. The neighborhood of Angelino Heights is famous for its Victorian homes. Newer urban lofts and developments are starting to pop up throughout the area including along Sunset Boulevard.

Community Life: Echo Park is packed with restaurants old and new, independent retail boutiques, art galleries and nightlife especially in the Sunset Boulevard area. Residents can get a great workout climbing some of Echo Park’s many steep staircases. The Friday evening farmers market always attracts a lively crowd.

Education: Echo Park is served by the Los Angeles Unified School District and local schools included Elysian Heights Elementary, Clifford Street Elementary, and Logan Street Span School. Private schools include Golden West Christian and Baxter Montessori.

Transportation: This area is surrounded by the 2, 5, 110 and 101 freeways and has many bus lines and public transportation options.

Local Attractions: The lake is a major attraction and is home to many festivals and events throughout the year. Echo Park also borders Elysian Park and Dodger Stadium. Early moviemaking took place in the area known as Edendale which spanned Silver Lake and Echo Park.

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