529 E Walnut, El Segundo, California 90245, El Segundo, 90245 - 4 bed, 4 bath

529 E Walnut
El Segundo, California 90245
Property Price
SUMMARY
Analysis of 529 E Walnut, El Segundo, California 90245 is currently available with a list price of $1,995,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1940, the property has benefited from recent major system upgrades including new windows, doors, central air conditioning, and electrical panels. However, the listing explicitly describes the property as a 'value-add opportunity' requiring 'unit improvements,' indicating that the interior kitchens, bathrooms, and finishes are likely dated and show signs of age consistent with the 'fair' classification.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Center Street Elementary (9/10). High School: El Segundo High School (10/10).
- Recent Capital Improvements
The property features significant LAWA-completed upgrades, including new windows, doors, electrical panels, and central air conditioning across all units, significantly reducing immediate CapEx requirements.
- Unique Bungalow Configuration
The rare layout of four separate structures provides tenants with superior privacy and outdoor separation compared to traditional apartment blocks, driving long-term tenant retention.
CONSRISKS & DEFICIENCIES
- Nonconforming Unit
The rear structure contains a nonconforming studio unit, which may present legal compliance risks or challenges during future permitting and financing processes.
- Vintage Infrastructure
With an original build date of 1940, the property may possess aging underlying systems not covered by recent surface improvements, requiring diligent long-term maintenance.
About 529 E Walnut
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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1940
- Lot Size
- 7,819 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
El Segundo Unified Schools
Center Street Elementary
Grades K-5 • 0.4 mi
Richmond Street Elementary School
Grades K-5 • 0.5 mi
El Segundo Middle School
Grades 6-8 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | - | 63% |
| Baths | 4.0 | - | 75% |
| Square foot | 2,520 | 1,920.5 | 63% |
| Lot Size | 7,819 | 6,436.5 | 88% |
| Price | $2.00M | $1.70M | 75% |
| Price per sq ft | $792 | $885 | 38% |
| Built year | 1940 | 1943 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 190 | 13% |
Pricing History
Listed for Sale
Feb 23, 2026
$1,995,000
Initial Listing




























