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412 Richmond Street, El Segundo, California 90245, El Segundo, 90245 - bed, bath

412 Richmond Street, El Segundo, California 90245 home-pic-0
ACTIVE$1,775,000
412 Richmond Street, El Segundo, California 90245
0Bed
0Bath
1,680Sqft
6,302Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Nestled on a desirable street in El Segundo, just steps from vibrant shops, top-rated restaurants, award-winning schools, parks, and beaches, offering unparalleled convenience and California coastal living.
Top Cons:
Unit Configuration: All three units are 1-bedroom, 1-bath, which might limit the tenant pool compared to properties offering larger unit configurations suitable for families.

Compared to the nearby listings

Price:$1.77M vs avg $1.77M (+$0)50%
Size:1,680 sqft vs avg 1,714 sqft43%
Price/sqft:$1.1K vs avg $98071%

More Insights

Built in 1950 (75 years old).
Condition: The property was built in 1950, making it 74 years old. While the exterior appears beautifully maintained with neat landscaping and good curb appeal, there are no interior images provided to assess the condition, style, and features of the kitchens, bathrooms, flooring, or other internal systems. Given its age, it's highly probable that interior components, even if functional and well-kept as suggested by 'beautifully maintained,' are outdated and would likely require minor updates to meet current standards. This aligns with the 'Fair' condition criteria for an aged but maintained property where major components are functional but show signs of being outdated.
Year Built
1950
Close
-
List price
$1.77M
Original List price
$1.86M
Price/Sqft
$1,057
HOA
-
Days on market
-
Sold On
-
MLS number
SB25105600
Home ConditionFair
Features
Deck
View-

About this home

Charming Coastal Triplex in Prime El Segundo Location Welcome to a rare opportunity in the heart of El Segundo—this beautifully maintained Triplex is nestled on one of the most desirable and picturesque streets in town. Just steps from vibrant shops, top-rated restaurants, award winning schools, lush parks, and the stunning local beaches, this property offers the ultimate in convenience and California coastal living. Each of the three units is a spacious 1-bedroom, 1-bath retreat, thoughtfully designed with comfort and style in mind. Generous interior layouts provide plenty of room to relax, entertain, or work from home. Adding to the appeal, each unit includes its own enclosed private garage—a highly sought-after feature in this beachside community. Residents will love the inviting shared rear patio, perfect for outdoor dining or unwinding with friends in the ocean breeze. A beautifully landscaped grassy area runs along the side of the property, offering a charming side yard feel that enhances the overall living experience. Whether you're an investor seeking strong rental potential or a homeowner looking for a versatile multi-unit property in an unbeatable location, this Triplex is a true gem. Come experience all that makes El Segundo so special!

Nearby schools

9/10
Richmond Street Elementary School
Public,•K-5•0.2mi
9/10
Center Street Elementary
Public,•K-5•0.7mi
8/10
El Segundo Middle School
Public,•6-8•0.7mi
10/10
El Segundo High School
Public,•9-12•0.2mi

Price History

Date
Event
Price
05/16/05
Sold
$900,000
Condition Rating
Fair
The property was built in 1950, making it 74 years old. While the exterior appears beautifully maintained with neat landscaping and good curb appeal, there are no interior images provided to assess the condition, style, and features of the kitchens, bathrooms, flooring, or other internal systems. Given its age, it's highly probable that interior components, even if functional and well-kept as suggested by 'beautifully maintained,' are outdated and would likely require minor updates to meet current standards. This aligns with the 'Fair' condition criteria for an aged but maintained property where major components are functional but show signs of being outdated.
Pros & Cons

Pros

Prime Coastal Location: Nestled on a desirable street in El Segundo, just steps from vibrant shops, top-rated restaurants, award-winning schools, parks, and beaches, offering unparalleled convenience and California coastal living.
Income-Generating Triplex: A beautifully maintained triplex, ideal for investors seeking strong rental potential or homeowners desiring a versatile multi-unit property in a high-demand area.
Private Garages Per Unit: Each of the three units includes its own enclosed private garage, a highly sought-after and valuable amenity in this beachside community.
Desirable Outdoor Spaces: Features an inviting shared rear patio perfect for outdoor dining and a beautifully landscaped grassy side yard, enhancing the overall living experience.
Well-Maintained Property: Described as a 'beautifully maintained Triplex,' suggesting good upkeep and potentially fewer immediate repair needs for a new owner.

Cons

Unit Configuration: All three units are 1-bedroom, 1-bath, which might limit the tenant pool compared to properties offering larger unit configurations suitable for families.
Property Age: Built in 1950, the property's age suggests potential for older infrastructure (plumbing, electrical, HVAC) that may require future upgrades or significant capital expenditures not explicitly detailed as recently updated.
Recent Price Reduction: The property has undergone a price reduction from its original list price, which could indicate initial overpricing or extended market time, potentially influencing buyer perception.

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