
El Segundo, California 90245
This Multifamily Value-Add Asset represents a Strong Value Opportunity with a List Price of $1,895,000—positioned well below the $1,995,000 Fair Market Value by 5%. This strategic pricing offers $100,000 in Instant Equity for incoming owners. While the property maintains a Condition Rating of 4 due to significant LAWA-completed infrastructure upgrades including new windows and central AC, the dated interiors provide a clear path for forced appreciation. Situated in the elite El Segundo Unified district with 10/10 rated schools, this rare bungalow-style quadruplex is a premier acquisition for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 529 E Walnut Subject | $1,895,000* List Price | 4 | 4 | 2,520 | $792 | - |
A 742 Loma Vista Street Sold | $1,750,000 | 5 | 3 | 2,048 | $854 | 0.7 mi |
B 848 Penn Street Sold | $1,650,000 | 0 | 0 | 1,793 | $920 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1940s bungalow-style quadruplex that has received significant recent infrastructure upgrades, including new windows, doors, electrical panels, and central air conditioning. However, the interior condition remains in 'fair' territory as the kitchens and bathrooms show signs of age with dated cabinetry, older appliances, and basic tile work. While the units are functional and move-in ready, the overall aesthetic and interior finishes require modernization to meet current 'good' or 'excellent' standards, consistent with the listing's description as a value-add opportunity.
Elementary School: Center Street Elementary (9/10). High School: El Segundo High School (10/10).
Situated in a highly desirable, supply-constrained El Segundo submarket with top-tier schools and proximity to major employment hubs and the coast.
The property benefits from LAWA-completed improvements, including new windows, doors, electrical panels, and central air conditioning across all units, reducing immediate CapEx.
The rear studio is noted as nonconforming, which may present challenges regarding legal occupancy, future permitting, or specific financing requirements.
Originally built in 1940, the property may require ongoing maintenance or additional modernization of core systems not addressed by recent surface-level improvements.
529 E Walnut Avenue is a well-located multifamily investment opportunity in the heart of El Segundo, one of the most desirable and supply-constrained coastal submarkets in Los Angeles County. Situated on a 7,819 square foot lot, the property features approximately 2,520 rentable square feet across four separate structures, offering a rare bungalow-style layout in a high-barrier-to-entry neighborhood. The property has benefited from recent LAWA-completed capital improvements, including new windows, doors, and central air conditioning across all units, as well as new electrical panels. The property is configured with four 1-bedroom / 1-bathroom units, including two detached front bungalows and a middle building comprised of two additional 1-bedroom / 1-bathroom units. A detached rear structure includes a nonconforming studio unit, providing additional income potential. The layout and unit mix appeal to long-term tenants seeking privacy, outdoor separation, and proximity to El Segundo’s walkable downtown, major employment centers, and the coast. 529 E Walnut Avenue presents a compelling value-add opportunity through rent growth, unit improvements, and operational enhancements in a premier South Bay location. With limited new multifamily development and consistently strong rental demand, the property offers investors the opportunity to acquire a well-positioned asset with meaningful upside in an A-level coastal market.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 60% |
| Square foot | 2,520 | 2,048 | 60% |
| Lot Size | 7,819 | 5,363 | 80% |
| Price | $1.90M | $1.65M | 80% |
| Price per sq ft | $752 | $854 | 40% |
| Built year | 1940 | 1955 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 135 | 20% |
Mar 11, 2026
$1,895,000
$1,995,000
-5% Price Drop
Initial Listing
Feb 23, 2026
$1,995,000
Initial Listing