221 Concord Street

El Segundo, CA 90245

$3,950,000
Price
—
Beds
7,824 Sq. Ft.
$505 / Sq. Ft.
7,824
Sq. Ft.
$505
per Sq. Ft.

Description

Three story Boutique Hotel. Upon entering, the ground floor features 10 rooms, restrooms and showers, a full size kitchen and lounge area. The top two floors each have 12 rooms. Each floor has shared restrooms, kitchens and showers. Hardwood floors throughout. Amazing opportunity to own a hotel in Downtown El Segundo near restaurants, shops and the Los Angeles Airport.Three story Boutique Hotel. Upon entering, the ground floor features 10 rooms, restrooms and showers, a full size kitchen and lounge area. The top two floors each have 12 rooms. Each floor has shared restrooms, kitchens and showers. Hardwood floors throughout. Amazing opportunity to own a hotel in Downtown El Segundo near restaurants, shops and the Los Angeles Airport.
  1. Listed by Bill Ruane • DRE #00972400 • Brokerage DRE #01879720 • RE/MAX Estate Properties • 310-877-2374
  2. Listed by Lynn O'Neil • DRE #00880080 • Brokerage DRE #01311124 • Beach City Brokers

Property Details for 221 Concord Street

Parking Spaces Total
0
Private Pool
No
Total Units
34.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
7824
Assessor Parcel Number
4136-023-013
Property Attached YN
false

Location

Listing Courtesy of RE/MAX Estate Properties, Bill Ruane, DRE #00972400; Beach City Brokers, Lynn O'Neil, DRE #00880080
Add your commute
LISTING UPDATED: 03/29/2024 12:09 AM

Property Details for 221 Concord Street

StatusActive
MLS #SB24018593
Days on Market93
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1912
Lot Size0.13 AC / 5,726 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX Estate Properties, Bill Ruane, DRE #00972400; Beach City Brokers, Lynn O'Neil, DRE #00880080
Add your commute

Building Information for 221 Concord Street

Stories3Residences-Year Built1912Building Size-Lot Size0.13 AC / 5,726 SF

Payment Calculator

$25,120 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,557

Property Taxes

$3,563

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 221 Concord Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $475,200
  • Gross Scheduled Income: $475,200
  • Vacancy Allowance: 47520
  • Vacancy Allowance Rate: 10
  • Gross Operating Income: $427,680
  • Net Operating Income: $188,347
Expense Details
  • Operating Expense: $239,333
  • Operating Expense Percent: 56.00%
  • Fuel Expense: $2,331
  • Electric Expense: $10,728
  • Insurance Expense: $6,117
  • Professional Management Expense: $0
  • Trash Expense: $10,371
  • Water Sewer Expense: $6,022
  • Total Expenses: $239,333
Tax / Assessment Info
  • Tax Block: 20
  • Tax Tract Number: 3710
  • Tax Census Tract: 6201.02
  • Tax Lot: 14
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Flooring: Wood
Exterior Features
  • Entry Location: Street
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Landscaped
  • Number Of Units: 34
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 34
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $475,200
  • Unit Type Total Rent: $475,200
  • Unit Type Pro Forma: 530400
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 221 Concord Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 221 Concord Street

Taxable ValueLand$1,820,524Additions$1,991,200Total$3,811,724
Tax Record2023$42,759 ($3,563 / month)
Home Facts
Total Finished SqFt7,824 SqFtAbove Grade Finished SqFt7,824 SqFtLot Size5,724 SqFtStyleMulti-Family Res (5+ Units)Year Built1912ZoningESR3*CountyLOS ANGELESAPN4136-023-013

Schools near 221 Concord 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
Richmond Street Elementary School
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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

221 Concord Street is a mixed use property for sale in El Segundo, CA 90245. This property was listed for sale on December 3, 2023 by RE/MAX Estate Properties, it's currently listed at $3,950,000. It has been on the market for a total of 93 days and was last sold on January 20, 2016. This listing's school district is El Segundo Unified School District. Nearby schools include Richmond Street Elementary School, El Segundo Middle School and El Segundo High School. 221 Concord Street is a 0-bed, 0-bath, 7,824 sqft mixed use property built in 1912.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Estate Properties, Bill Ruane, DRE #00972400; Beach City Brokers, Lynn O'Neil, DRE #00880080

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.