742 Loma Vista Street, El Segundo, California 90245, El Segundo, 90245 - 5 bed, 3 bath

742 Loma Vista Street, El Segundo, California 90245 home-pic-0
ACTIVE$1,749,000
742 Loma Vista Street, El Segundo, California 90245
5Beds
3Baths
2,048Sqft
5,258Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $1,749,000.

Key pros and cons

Top Pros:
Income-Generating Duplex: This property is a detached duplex, offering significant potential for rental income or multi-generational living, making it attractive to both investors and homeowners.
Top Cons:
Age of Construction: Built in 1957, the property's age, despite updates, may imply potential for older infrastructure or systems that could require future maintenance or upgrades not explicitly detailed.

Compared to the nearby listings

Price:$1.75M vs avg $1.75M (+$0)50%
Size:2,048 sqft vs avg 1,793 sqft71%
Price/sqft:$854 vs avg $92029%

More Insights

Built in 1957 (68 years old).
Condition: Despite being built in 1957, this property has undergone significant and tasteful renovations, making it move-in ready. The kitchen features modern stainless steel appliances, granite countertops, and updated cabinetry. Both bathrooms are also updated with modern vanities, fixtures, and tiling. Flooring throughout includes well-maintained tile, carpet, and hardwood. While the property's age prevents an 'Excellent' rating, the extensive updates appear to have been completed within the last 5-15 years, aligning with the 'Good' criteria for a well-maintained home with functional and updated major systems.
Year Built
1957
Close
-
List price
$1.75M
Original List price
$1.88M
Price/Sqft
$854
HOA
-
Days on market
-
Sold On
-
MLS number
SB25163252
Home ConditionGood
Features
Patio
View-

About this home

A rare gem in the heart of El Segundo, 742 Loma Vista is a beautifully updated two on a lot, detached duplex on a generous 5,257 sq ft lot. The front unit offers 3 bedrooms and 2 bathrooms, complete with a spacious deck and a lush, garden-like front yard, while the rear unit includes 2 bedrooms, 1 bathroom, and a private fenced yard with a patio perfect for entertaining. With a 3-car garage and ample additional parking, this property is as functional as it is charming. Ideally located just minutes from local beaches, award-winning schools, parks, LAX, and the vibrant shops, restaurants, and cafes of downtown El Segundo, this is an exceptional opportunity for both homeowners and investors alike.

Nearby schools

9/10
Richmond Street Elementary School
Public,K-50.3mi
9/10
Center Street Elementary
Public,K-51.0mi
8/10
El Segundo Middle School
Public,6-81.1mi
10/10
El Segundo High School
Public,9-120.4mi

Price History

Date
Event
Price
06/30/20
Sold
$1,559,000
09/12/03
Sold
$509,000
Condition Rating
Good

Despite being built in 1957, this property has undergone significant and tasteful renovations, making it move-in ready. The kitchen features modern stainless steel appliances, granite countertops, and updated cabinetry. Both bathrooms are also updated with modern vanities, fixtures, and tiling. Flooring throughout includes well-maintained tile, carpet, and hardwood. While the property's age prevents an 'Excellent' rating, the extensive updates appear to have been completed within the last 5-15 years, aligning with the 'Good' criteria for a well-maintained home with functional and updated major systems.
Pros & Cons

Pros

Income-Generating Duplex: This property is a detached duplex, offering significant potential for rental income or multi-generational living, making it attractive to both investors and homeowners.
Prime El Segundo Location: Ideally situated in the heart of El Segundo, providing convenient access to local beaches, downtown shops, restaurants, parks, and major transportation hubs like LAX.
Excellent School District: Located within the highly-rated El Segundo Unified School District, with top-tier elementary and high schools (ratings 9 and 10 respectively) in close proximity.
Ample Parking Facilities: Features a 3-car garage and additional parking, a valuable amenity in a densely populated urban area, enhancing convenience for residents and tenants.
Updated Units & Outdoor Spaces: Described as 'beautifully updated' with appealing outdoor features such as a spacious deck, lush garden-like front yard, and a private fenced patio, enhancing livability and curb appeal.

Cons

Age of Construction: Built in 1957, the property's age, despite updates, may imply potential for older infrastructure or systems that could require future maintenance or upgrades not explicitly detailed.
Proximity to LAX: While convenient for travel, being 'minutes from LAX' could expose residents to aircraft noise, which may be a significant drawback for some potential buyers.
Recent Price Reduction: A notable price drop from the original list price ($1.875M to $1.749M) could indicate initial overpricing or challenges in attracting buyers at the higher valuation.

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