848 Penn Street, El Segundo, CA 90245

About this triplex

Nestled in a quiet El Segundo neighborhood, this well-maintained triplex sits on a 7,268 sq ft R2 lot and offers strong income potential. The property features three units: two 1-bed/1-bath units and one 2-bed/1-bath unit. The property has a history of steady and reliable rental income. A major value-add opportunity is in progress: plans and permits are underway for a two-story 2-bed/2-bath ADU (approx. 1,200–1,300 sq ft, pending city approval). All permit fees have been paid by the seller, and documentation from the Assessor’s Office is available upon request. This is a rare chance to invest in a turnkey property with immediate upside potential.

Listing description from the December 2025 sale, as reported to CRMLS.

Sale history

$1,650,000

Sold December 2025 · listed $1,699,000, orig. $1,889,000, on market March 2025 · MLS #SB25056069 · Source: CRMLS

Listing Agent: Bill Ruane · Listing Office: Estate Properties · Contact: 310-877-2374 · Bought with: Dimuth Wijemanne · CENTURY 21 Affiliated

$1,530,000

Sold January 2021 · listed $1,598,000, on market April 2020 · MLS #SB20077447 · Source: CRMLS

Listing Agent: Bill Ruane · Listing Office: RE/MAX Estate Properties · Contact: 310-322-1425 · Bought with: Heba Abulazm · Real Estate Source, Inc.

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