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El Segundo, CA 90245 221 Concord Street

$3,950,000

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Presented By: Bill Ruane with RE/MAX Estate Properties; 310-877-2374
  • MLS# SB24018593
  • 01/31/2024
  • Request Tour
  • Request Info
  • BedBeds • 34
  • BathBaths • 34
  • FootageSQFT • 7,824

Home Details

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.
Presented By: Bill Ruane with RE/MAX Estate Properties; 310-877-2374

Interior Features for 221 Concord Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringWood
Heating Y/NNo
Laundry FeaturesNone
Street SuffixStreet
Total Stories3

Other Rooms

Entry Level1

General for 221 Concord Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityEl Segundo
Community FeaturesSidewalks
CountyLos Angeles
Days on Market58
DirectionsW Grand Ave. to Concord St.
Electric Expense10728.0
Entry LocationStreet
Fuel Expense2331.0
Garage Spaces0.0
Garage Y/NNo
Gross Income475200.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense6117.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan
Lot Size Square Feet5726.0
MLS Area141 - El Segundo
MobileHomeRemainsYNNo
Net Operating Income188347.0
New ConstructionNo
Operating Expense239333.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameConcord
Tax Lot14
Total Units34
Trash Expense10371.0
View Y/NNo
Water Sewer Expense6022.0
Waterfront Y/NNo
Year Built1912
Year Built SourceAssessor
ZoningESR3*

Exterior for 221 Concord Street

Building Area Total7824.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped
Lot Size Acres0.1315
Lot Size Area5726.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,950,000
MLS#SB24018593
List Date 01/31/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors