Property
Listing Agent: Joshua Cohen (DRE #01346713) · Listing Office: Keller Williams Realty · Contact: 310-375-3511 · Bought with: Joshua Cohen · Keller Williams Realty · MLS #26673117 · Source: CRMLS
2134 W El Segundo Boulevard sold for $3,800,000 in May 2026, 12% under its $4,300,000 list price, after 4 days on the market. That works out to $198 per square foot on 19,160 square feet. Across 73 closed sales in 90249 over the last 12 months, the median sold price is $865,000 and the median is $593 per square foot, 199% above this sale's $198.
| Quarter | Closed sales in 90249 | Median sold price |
|---|---|---|
| Q1 2026 | 5 | $900,000 |
| Q2 2026 | 28 | $912,550 |
| Q3 2026 | 34 | $851,250 |
| Q4 2026 | 6 | $901,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Gardena · Homes for sale in 90249
Rare South Bay offering available for the first time since 1997: a strategically positioned multifamily asset in Gardena with large floorplans, a compelling unit mix, and a clear, operator driven path toupside. This property is not subject to Los Angeles RSO, making it especially attractive to investorswho prefer fewer regulatory constraints. Minutes from major regional employers and innovation hubs, including SpaceX's Hawthorne headquarters. Near Ring's Hawthorne office and corporate facilities, adding to the area's growing tech and advanced manufacturing employment base. Active redevelopment momentum in the submarket, highlighted by plans and municipalaction to redevelop the long vacant Hawthorne Plaza site. Convenient access to LAX and the Port of Los Angeles, supporting both commuter demand and logistics oriented employment. Unit mix: (12) Two Bed/Two Bath; (3) Two Bed/One Bath; (5) One Bed/One Bath. Large, well proportioned floorplans that are primed for interior upgrades and rent capture. Individually metered gas and electric; central water heater. One covered parking space per unit and a central courtyard pool amenities that support higher rent positioning. Onsite laundry room present but not currently active, offering immediate ancillary income potential. Estimated 43% rental upside driven by interior renovations, rent recovery to market, and operational improvements. Operational levers: implement a RUBS program, activate onsite laundry, and execute targeted unit modernizations to maximize NOI. Why This Asset Stands Out: (1) Upside provides flexibility for an experienced operator to execute a repositioning strategy. (2) Large units allow for premium positioning and broader tenant appeal (families, roommates,professionals). (3) Proximity to major employers, freeway access, LAX, the Port, and nearby redevelopment support sustained demand and rent growth. This is a classic value add play: a high demand South Bay location, sizable units ready for repositioning, and a clear operational roadmap to capture upside priced accordingly for the investor who knows how to execute.
Listing description from the May 2026 sale, as reported to CRMLS.
Closed sales reported in 90249, nearest first, last 12 months. All recent sales in Gardena →