$4,500,000
221 Sheldon Avenue is a well-maintained 8-unit apartment building located in the heart of El Segundo, one of Los Angeles’ most desirable and tightly held rental markets. This pride-of-ownership property immediately stands out with its beautifully maintained landscaping, inviting curb appeal, and warm, residential feel that sets it apart from typical multifamily assets. 4 of 8 units have been remodeled to various levels including in unit washer/dryers and dishwashers. Tucked on a quiet residential street yet just moments from everything that makes El Segundo special, the property offers tenants the perfect balance of neighborhood charm and everyday convenience. Residents enjoy close proximity to downtown El Segundo’s shops, restaurants, and cafés, top-rated schools, major employment hubs, and easy access to the beach and freeways. The building’s welcoming atmosphere and strong location contribute to consistent tenant demand and long-term rental stability. For investors, this is an opportunity to acquire a solid, well-located coastal multifamily asset with lasting appeal and upside potential in an area known for high barriers to entry and enduring desirability.
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Listed by Austin Zahn with Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
Property Type
Apartment
Status
Active
MLS Number
SB26024948
Year Built
1969
Lot Size
7,153 sq ft