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940 Hillcrest, El Segundo, California 90245, El Segundo, 90245 - 6 bed, 6 bath

940 Hillcrest, El Segundo, California 90245 home-pic-0
ACTIVE$2,100,000
940 Hillcrest, El Segundo, California 90245
6Beds
6Baths
3,561Sqft
5,363Lot
Year Built
1984
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$590
HOA
-
Days on market
-
Sold On
-
MLS number
DW25097812
Home ConditionFair
Features
Good View: Coastline
ViewCoastline

About this home

We found 3 Cons,6 Pros. Rank: price - $2.10M(86th), sqft - 3561(71th), beds - 6(86th), baths - 6(86th).

Excellent Investment Opportunity Near the Beach! This dual-unit property offers a fantastic opportunity for investors or multi-family buyers. Both units feature spacious layouts with three bedrooms and two bathrooms, each spread across two stories for ample living space. The property includes three garage spaces, providing convenient parking and storage options. Located just minutes from the beautiful beach, this property boasts great potential for rental income or a multi-generational family home. Whether you're looking to expand your investment portfolio or enjoy a versatile living arrangement, this property combines location, functionality, and value. Don’t miss out on this prime beachside opportunity!

Nearby schools

9/10
Richmond Street Elementary School
Public,•K-5•0.6mi
9/10
Center Street Elementary
Public,•K-5•1.2mi
8/10
El Segundo Middle School
Public,•6-8•1.3mi
10/10
El Segundo High School
Public,•9-12•0.7mi
Condition Rating
Fair
The property was built in 1984, making it 41 years old. The listing explicitly states that no recent renovations are mentioned and that the property may require significant updates to interiors and systems to meet modern aesthetic and functional standards. While the exterior appears maintained, the age strongly suggests that the kitchen and bathrooms, along with other major components, are outdated and would require renovation to meet current quality and style standards. This aligns with the 'Fair' condition criteria for properties built over 25-40 years ago with no major renovations, where major components are functional but show signs of being outdated.
Pros & Cons

Pros

Great Schools: Elementary School: Center Street Elementary (9/10). High School: El Segundo High School (10/10).
Investment Opportunity: This dual-unit duplex offers excellent potential for rental income or multi-generational living, appealing to both investors and multi-family buyers.
Prime Beachside Location: Situated just minutes from the beautiful beach in El Segundo, enhancing its desirability and long-term value.
Spacious Dual Units: Each unit features a generous layout with three bedrooms and two bathrooms spread across two stories, providing ample living space.
Strong School District: Located within the highly-rated El Segundo Unified School District, with top-rated elementary, middle, and high schools nearby.
Convenient Parking & Storage: The property includes three dedicated garage spaces, offering valuable parking and storage solutions for residents.

Cons

Age and Potential for Updates: Built in 1984, the property may require significant updates to interiors and systems to meet modern aesthetic and functional standards, as no recent renovations are mentioned.
High Entry Price Point: With a list price of $2.1 million, this property represents a substantial investment, potentially limiting the pool of prospective buyers.
Limited Private Outdoor Space: A 5,363 sqft lot for a duplex may result in relatively small or shared outdoor areas, which could be a drawback for tenants or owners seeking more private yard space.

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