
El Segundo, California 90245
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $2,449,000. While currently priced slightly above the $2,415,189 Fair Market Value, the property offers immense upside through its 10,513 sq. ft. lot and ADU-ready infrastructure. With a Condition Rating of 3, the home features critical system updates, providing a stable foundation for expansion. Located in the El Segundo Unified School District with top-rated schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to maximize long-term value through strategic development.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 202 W Sycamore Subject | $2,449,000* List Price | 3 | 1 | 1,278 | $1,890 | - |
A 705 W Palm Sold | $1,760,000 | 3 | 2 | 1,175 | $1,498 | 0.5 mi |
B 443 Loma Vista Street Sold | $2,025,000 | 3 | 2 | 1,453 | $1,394 | 0.5 mi |
C 423 Loma Vista Sold | $2,269,000 | 3 | 2 | 1,564 | $1,451 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1947, the property is well-maintained and move-in ready. It features critical system updates including HVAC, roof, and electrical. The kitchen and interior finishes appear to be functional renovations within the 5-15 year range, and the exterior decking and landscaping are in high-quality condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10513, living area = 1278.
Elementary School: Center Street Elementary (9/10). High School: El Segundo High School (10/10).
The rare 10,511 sq. ft. flat lot features a south-facing backyard and pre-installed utilities for an ADU, offering significant room for expansion, a pool, or a second-story addition.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,278 square feet and a single bathroom, the current layout is undersized for the price point and may be insufficient for larger families.
The list price of nearly $2.45M reflects the land value and potential rather than the existing modest residence, necessitating further capital investment to maximize the property's utility.
Rarely does a property like this become available in El Segundo. Situated on an expansive, flat 10,511 sq. ft. lot with a sun-filled south-facing backyard, this updated 3-bedroom, 1-bath home offers endless possibilities for today and the future. The 1,278 sq. ft. home has been thoughtfully updated with major improvements, including the A/C, roof, sewer, and electrical systems, allowing you to move in and enjoy while planning your dream expansion. The true showpiece is the incredible backyard. Whether you’ve always envisioned a resort-style pool, a spacious ADU for guests or rental income, a stunning second-story addition, or even building your kids their very own soccer field, this property provides the rare space to bring your vision to life. Utilities are already in place for an ADU, making future development even easier. The beautifully landscaped grounds feature mature avocado and lemon/lime trees, a charming 120 sq. ft. she shed/man cave, and an extra-long driveway with room for an RV. Located west of Main Street, just blocks from downtown El Segundo and the beach, and within the award-winning El Segundo Unified School District, this is more than a home—it’s an opportunity to create the lifestyle you’ve always imagined on one of the city’s most desirable oversized lots.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 1.0 | 2.1 |
| Square foot | 1,278 | 1,609.276 |
| Lot Size | 10,513 | 5,590.966 |
| Price | $2.45M | $1.86M |
| Price per sq ft | $1.9K | $1.2K |
| Built year | 1947 | 1952 |
| HOA | $0 | $0 |
| Days on market | 23 | 60 |
Aug 17, 2026
$2,449,000
Initial Listing
Aug 11, 2022
$2,220,000
Public Record
May 24, 2013
$890,000
Public Record