123 Richmond Street A , B, El Segundo, 90245 - 2 bed, 3 bath

123 Richmond Street A , B home-pic-0
ACTIVE$1,995,000
123 Richmond Street A , B
2Beds
3Baths
2,490Sqft
14,013Lot
Year Built
2005
Close
-
List price
$2M
Original List price
$1.97M
Price/Sqft
$801
HOA
$395
Days on market
-
Sold On
-
MLS number
OC24187069
Home ConditionGood
Features
Good View: City Lights
Spa
ViewCity Lights

About this home

We found 2 Cons,3 Pros. Rank: price - $2.00M(90th), sqft - 2490(90th), beds - 2(40th), baths - 3(50th).

A Unique Lifestyle Opportunity!! Prime Property in the Heart of El Segundo – Discover the perfect blend of work and leisure in this stunning ocean close property. Ideal for the owner-operator, this two-story gem offers the ultimate work/life balance. Enjoy the convenience of a “commute” that’s just a stroll down the stairs to your fully equipped business office on the ground floor, while the luxurious owner’s suite awaits above. This lifestyle property is wired for efficiency and connectivity, featuring CAT 5 wiring throughout and a dedicated server/IT closet with a wall-mounted server rack – ideal for running your business seamlessly from home. Located just steps away from El Segundo’s bustling restaurant and bar scene, you’ll love having countless dining and entertainment options at your fingertips. Feel the ocean breeze with a quick 10-minute walk to the beach or head out for an easy commute with just a 10-minute drive to LAX and 5-minute access to the 105 freeway. After a long day, retreat to your private rooftop Jacuzzi and unwind under the stars. owner’s suite is a true showstopper, featuring a beautifully appointed kitchen with a spacious island, custom bar, and high-end Thermador Pro Range. Enjoy movie nights like never before with an 85” TV in the family room and a 65” TV in the master bedroom, complemented by ceiling and wall-mounted speakers that deliver high-fidelity home theater sound throughout. Embrace the best of both worlds with this one-of-a-kind mixed-use property, offering unparalleled convenience, luxury, and a lifestyle that’s hard to beat. Don’t miss your chance to make this unique property your own!

Condition Rating
Good

The property was built in 2005, placing it within the 10-20 year range. The images show a well-maintained kitchen with modern appliances (Thermador Pro Range), updated bathrooms, and generally good condition throughout. While not brand new, the property appears to be move-in ready with minimal wear and tear. The description mentions CAT 5 wiring and a server closet, indicating some level of modernization.
Pros & Cons

Pros

Mixed-Use Potential: The property offers a unique live/work opportunity with a dedicated business office space on the ground floor and a luxurious owner's suite above, ideal for entrepreneurs and owner-operators.
Prime Location: Located in the heart of El Segundo, the property is within walking distance to restaurants, bars, and a short drive to the beach, LAX, and the 105 freeway, providing convenient access to amenities and transportation.
High-End Features: The owner's suite boasts a beautifully appointed kitchen with a spacious island, custom bar, Thermador Pro Range, and advanced technology including CAT 5 wiring, a server/IT closet, and a home theater system.

Cons

Price Point: The list price of $1,995,000 may be a barrier to entry for some buyers, requiring a significant financial investment.
Specific Use Case: The mixed-use design may not appeal to all buyers, as it is specifically tailored for those seeking a live/work arrangement, potentially limiting the buyer pool.

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