
El Segundo, California 90245
Analysis of 319 Richmond, El Segundo, California 90245 is currently available with a list price of $2,600,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the El Segundo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1946, this property is well over 20 years old and lacks mention of recent major renovations. While functional as a mixed-use investment, the age indicates that kitchens, bathrooms, and core systems like HVAC and electrical are likely dated and will require minor repairs or modernization to meet current market standards.
Elementary School: Center Street Elementary (9/10). High School: El Segundo High School (10/10).
Situated in the heart of El Segundo's historic Main Street corridor and just four blocks from the ocean, the property benefits from high foot traffic and a vibrant, walkable atmosphere.
The combination of 1,400 square feet of retail space and three residential units offers a diversified revenue stream, making it ideal for both net-leased investors and owner-users.
Originally built in 1946, the property may require ongoing maintenance or significant capital improvements to modernize systems and remain competitive with newer developments.
The residential component is comprised exclusively of one-bedroom units, which may restrict the potential tenant base and lead to higher turnover rates compared to multi-bedroom offerings.
319 Richmond Street, El Segundo Located along the original Main Street corridor of El Segundo, 319 Richmond Street sits in a highly desirable coastal submarket just four blocks from the Pacific Ocean. Richmond Street is known for its vibrant mix of retail, office, restaurants, shops, and boutiques, creating a dynamic and walkable environment. The property totals approximately 3,330 square feet and features 1,400 square feet of retail space, ideal for a variety of commercial uses. The residential component includes three spacious one-bedroom, one-bath units, each with private patios, offering strong rental appeal in this sought-after beachside community. Additional highlights include eight on-site parking spaces and dedicated storage, providing convenience for both tenants and customers. This property presents a compelling opportunity as a net-leased investment or for an owner-user seeking to occupy the retail space while benefiting from stable residential income.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1946 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 28, 2026
$2,600,000
Initial Listing
Feb 25, 2016
$1,727,000
Public Record
May 3, 2006
$1,100,000
Public Record