529 Sierra Place, El Segundo, California 90245, El Segundo, 90245 - 2 bed, 1 bath
529 Sierra Place
El Segundo, California 90245
Property Price
SUMMARY
Analysis of 529 Sierra Place, El Segundo, California 90245 reveals a property with a current list price of $1,500,000, which is 5% above the estimated $1,421,647 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 529 Sierra Place Subject | $1,500,000* List Price | 2 | 1 | 720 | $1,975 | - |
A 841 Virginia Street Sold | $1,250,000 | 1 | 1 | 754 | $1,658 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1949, this home is well-maintained but largely original in style. The kitchen features dated white appliances and older cabinetry, while the bathroom remains basic with a pedestal sink and older tile work. Although the hardwood floors are in good condition and the home is move-in ready, it lacks modern luxury updates, and the small 720 sqft footprint reflects aging infrastructure that has not seen a major contemporary renovation.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7461, living area = 720.
- Great Schools
Elementary School: Center Street Elementary (9/10). High School: El Segundo High School (10/10).
- Development Potential
The property is zoned R2 on an expansive 7,461 sqft lot, offering a rare and significant opportunity for investors or builders to develop multiple units or a much larger estate.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At only 720 square feet with a 2-bedroom, 1-bathroom configuration, the current interior footprint is exceptionally small for the $1.5 million price point.
- Aging Infrastructure
Built in 1949, the home likely requires significant modernization or a complete rebuild to meet the expectations of contemporary luxury buyers in the South Bay.
About 529 Sierra Place
Welcome to 529 Sierra Place, a beautifully situated home on a quiet, tree-lined cul-de-sac in the heart of El Segundo. This inviting residence blends classic charm with modern comfort, offering bright, natural light, and added patio room are ideal for both everyday living and entertaining. Step outside to a private backyard retreat—perfect for morning coffee, weekend gatherings, or simply enjoying the coastal breeze. The property also features many mature fruit trees and lots of room for gardening. Zoned R2 so bring your investors to see this unique property! Located just minutes from award-winning schools, downtown El Segundo, local parks, and the beach, this home delivers the best of South Bay living in one of the city’s most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 7,461 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 • 0.3 mi
Richmond Street Elementary School
Grades K-5 • 0.5 mi
El Segundo Middle School
Grades 6-8 • 0.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 10% |
| Baths | 1.0 | 3.0 | 13% |
| Square foot | 720 | 2,160.5 | 7% |
| Lot Size | 7,461 | 6,447 | 80% |
| Price | $1.50M | $2.12M | 23% |
| Price per sq ft | $2.1K | $999 | 97% |
| Built year | 1949 | 1955 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 177 | 7% |
Pricing History
Listed for Sale
Feb 21, 2026
$1,500,000
Initial Listing
Price Change
Jan 26, 2026
$150,000
Initial Listing