$1,650,000
Last Sold Price
4
Beds
3
Baths
1,793 Sq. Ft.
$920 / Sq. Ft.
1,793
Sq. Ft.
$920
per Sq. Ft.

Description

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...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.
  1. Listed by Bill Ruane • DRE #00972400 • Brokerage DRE #01879720 • Estate Properties • 310-877-2374
  2. Listed by Heba Abulazm • DRE #01391926 • Brokerage DRE #01869619 • Real Estate Source, Inc.

Property Details for 848 Penn Street

Parking Spaces Total
0
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1793
Assessor Parcel Number
4133-015-014
Property Attached YN
true
LISTING UPDATED: 12/18/2025 04:04 AM

Property Details for 848 Penn Street

StatusClosed
MLS #SB25056069
Days on Market262
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1943
Lot Size0.16 AC / 7,150 SF
CountyLos Angeles County

Location

Listing Courtesy of Estate Properties, Bill Ruane, DRE #00972400; Real Estate Source, Inc., Heba Abulazm, DRE #01391926

Sold By CENTURY 21 Affiliated, Dimuth Wijemanne, DRE #01224890

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Building Information for 848 Penn Street

Stories1Residences-Year Built1943Building Size-Lot Size0.16 AC / 7,150 SF

Payment Calculator

$9,712 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,153

Property Taxes

$1,559

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 848 Penn Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $82,200
  • Gross Scheduled Income: $82,200
  • Net Operating Income: $49,532
  • Gross Multiplier: 22.98
  • Cap Rate: 1.7
  • Financing: Conventional
Expense Details
  • Operating Expense: $32,668
  • New Taxes Expense: $22,668
  • Insurance Expense: $5,000
  • Maintenance Expense: $1,000
  • Trash Expense: $1,000
  • Water Sewer Expense: $3,000
  • Total Expenses: $32,668
Tax / Assessment Info
  • Tax Tract Number: 2589
  • Tax Census Tract: 6200.01
  • CFD/Mello-Roos Fee: $289
  • Tax Lot: 30
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: None
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: None
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,250
  • Unit Type Total Rent: $2,250
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,850
  • Unit Type Total Rent: $2,850
  • Unit Type Pro Forma: 2850
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 0

Property History for 848 Penn Street

DateEvent & SourcePriceAppreciation
Dec 17, 2025

Sold

SDMLS #SB25056069

$1,650,000
Dec 17, 2025

Sold

CRMLS #SB25056069

$1,650,000
Dec 17, 2025

Sold

CLAW #SB25056069MR

$1,650,000
Dec 11, 2025

Pending

CRMLS #SB25056069

Dec 1, 2025

Pending

CLAW #SB25056069MR

Dec 1, 2025

Pending

SDMLS #SB25056069

Sep 25, 2025

Price Change

CLAW #SB25056069MR

$1,699,000
Sep 25, 2025

Price Change

CRMLS #SB25056069

$1,699,000
Sep 24, 2025

Price Change

SDMLS #SB25056069

$1,699,000
Sep 14, 2025

Price Change

CLAW #SB25056069MR

$1,739,000
Sep 14, 2025

Price Change

CRMLS #SB25056069

$1,739,000
Sep 13, 2025

Price Change

SDMLS #SB25056069

$1,739,000
Jul 24, 2025

Price Change

CLAW #SB25056069MR

$1,799,000
Jul 24, 2025

Price Change

CLAW #SB25056069MR

$1,755,000
Jul 24, 2025

Price Change

CRMLS #SB25056069

$1,799,000
Jul 24, 2025

Price Change

CRMLS #SB25056069

$1,755,000
Jul 23, 2025

Price Change

SDMLS #SB25056069

$1,799,000
May 8, 2025

Price Change

CLAW #SB25056069MR

$1,799,000
May 8, 2025

Price Change

CRMLS #SB25056069

$1,799,000
Mar 14, 2025

Listed (Active)

CRMLS #SB25056069

$1,889,000
Mar 11, 2025

Listed (Active)

CLAW #SB25056069MR

$1,889,000
Mar 11, 2025

Listed (Active)

SDMLS #SB25056069

$1,889,000
Jan 6, 2021

Sold

CLAW #SB20077447MR

$1,530,000
Jan 6, 2021

Sold

CRMLS #SB20077447

$1,530,000
Jan 6, 2021

Hold

SDMLS #SB20077447

Dec 7, 2020

Pending

CRMLS #SB20077447

Dec 7, 2020

Pending

SDMLS #SB20077447

Nov 8, 2020

Accepting Backup Offers

CRMLS #SB20077447

Nov 8, 2020

Accepting Backup Offers

SDMLS #SB20077447

Nov 3, 2020

Sold (Public Record)

Public Record #686427790

$1,530,000
Oct 31, 2020

Pending

CLAW #SB20077447MR

Oct 31, 2020

Pending

SDMLS #SB20077447

Oct 31, 2020

Pending

CRMLS #SB20077447

May 8, 2020

Listed (Active)

SDMLS #SB20077447

$1,598,000
May 7, 2020

Listed (Active)

CRMLS #SB20077447

May 6, 2020

Hold

CRMLS #SB20077447

Apr 27, 2020

Listed (Active)

CRMLS #SB20077447

$1,598,000
Apr 27, 2020

Listed (Active)

CLAW #SB20077447MR

$1,598,000
Sep 7, 1999

Withdrawn / Cancelled

CRMLS #S159923

$365,000
Sep 7, 1999

Withdrawn / Cancelled

CLAW #S159923MR

Feb 22, 1999

Listed (Active)

CRMLS #S159923

$379,900
Feb 22, 1999

Listed (Active)

CLAW #S159923MR

$379,900
Aug 13, 1997

Withdrawn / Cancelled

CRMLS #S130534

$349,900
Aug 13, 1997

Withdrawn / Cancelled

CLAW #S130534MR

May 7, 1997

Listed (Active)

CRMLS #S130534

$359,900
May 7, 1997

Listed (Active)

CLAW #S130534MR

$359,900
DateEvent & SourcePrice
12/17/2025

Sold

SDMLS #SB25056069

$1,650,000
12/17/2025

Sold

CRMLS #SB25056069

$1,650,000
12/17/2025

Sold

CLAW #SB25056069MR

$1,650,000
12/11/2025

Pending

CRMLS #SB25056069

12/01/2025

Pending

CLAW #SB25056069MR

12/01/2025

Pending

SDMLS #SB25056069

09/25/2025

Price Change

CLAW #SB25056069MR

$1,699,000
09/25/2025

Price Change

CRMLS #SB25056069

$1,699,000
09/24/2025

Price Change

SDMLS #SB25056069

$1,699,000
09/14/2025

Price Change

CLAW #SB25056069MR

$1,739,000
09/14/2025

Price Change

CRMLS #SB25056069

$1,739,000
09/13/2025

Price Change

SDMLS #SB25056069

$1,739,000
07/24/2025

Price Change

CLAW #SB25056069MR

$1,799,000
07/24/2025

Price Change

CLAW #SB25056069MR

$1,755,000
07/24/2025

Price Change

CRMLS #SB25056069

$1,799,000
07/24/2025

Price Change

CRMLS #SB25056069

$1,755,000
07/23/2025

Price Change

SDMLS #SB25056069

$1,799,000
05/08/2025

Price Change

CLAW #SB25056069MR

$1,799,000
05/08/2025

Price Change

CRMLS #SB25056069

$1,799,000
03/14/2025

Listed (Active)

CRMLS #SB25056069

$1,889,000
03/11/2025

Listed (Active)

CLAW #SB25056069MR

$1,889,000
03/11/2025

Listed (Active)

SDMLS #SB25056069

$1,889,000
01/06/2021

Sold

CLAW #SB20077447MR

$1,530,000
01/06/2021

Sold

CRMLS #SB20077447

$1,530,000
01/06/2021

Hold

SDMLS #SB20077447

12/07/2020

Pending

CRMLS #SB20077447

12/07/2020

Pending

SDMLS #SB20077447

11/08/2020

Accepting Backup Offers

CRMLS #SB20077447

11/08/2020

Accepting Backup Offers

SDMLS #SB20077447

11/03/2020

Sold (Public Record)

Public Record #686427790

$1,530,000
10/31/2020

Pending

CLAW #SB20077447MR

10/31/2020

Pending

SDMLS #SB20077447

10/31/2020

Pending

CRMLS #SB20077447

05/08/2020

Listed (Active)

SDMLS #SB20077447

$1,598,000
05/07/2020

Listed (Active)

CRMLS #SB20077447

05/06/2020

Hold

CRMLS #SB20077447

04/27/2020

Listed (Active)

CRMLS #SB20077447

$1,598,000
04/27/2020

Listed (Active)

CLAW #SB20077447MR

$1,598,000
09/07/1999

Withdrawn / Cancelled

CRMLS #S159923

$365,000
09/07/1999

Withdrawn / Cancelled

CLAW #S159923MR

02/22/1999

Listed (Active)

CRMLS #S159923

$379,900
02/22/1999

Listed (Active)

CLAW #S159923MR

$379,900
08/13/1997

Withdrawn / Cancelled

CRMLS #S130534

$349,900
08/13/1997

Withdrawn / Cancelled

CLAW #S130534MR

05/07/1997

Listed (Active)

CRMLS #S130534

$359,900
05/07/1997

Listed (Active)

CLAW #S130534MR

$359,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 848 Penn Street

Taxable ValueLand$1,082,432Additions$574,148Total$1,656,580
Tax Record2025$18,708 ($1,559 / month)
Home Facts
Total Finished SqFt1,793 SqFtAbove Grade Finished SqFt1,793 SqFtLot Size7,268 SqFtStyleTriplexYear Built1943ZoningESR2YYCountyLOS ANGELESAPN4133-015-014

Schools near 848 Penn Street

This home is within El Segundo Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Center Street Elementary
PublicK to 5

El Segundo Middle School
Public6 to 8

El Segundo High School
Public9 to 12

Arena High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Estate Properties, Bill Ruane, DRE #00972400; Real Estate Source, Inc., Heba Abulazm, DRE #01391926

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.