1 month on rocket

349 Virginia St, El Segundo, CA, 90245

$3,695,000

0 Baths
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
Garage9 spaces
Year Built1978
HeatingForced Air
CoolingNone
FireplaceNone
MLS #SB24049689
Lot Size0.16 Acres
StatusActive

About 349 Virginia St

Located on a beautiful, tree-lined street in an idyllic location, this 7-unit walk-up apartment building is surrounded by well maintained apartments, townhomes, condominiums and single family homes, and offers an amazing opportunity for investment in one of the most highly sought after suburbs in Los Angeles. Built in 1978 by the family that still owns it, and meticulously maintains it, this is the first time this building has been on the market. There is 6,640 square feet of living space on a 50 X 143 Street to alley lot with 9 private garages (garages have been earthquake retrofit) and an additional 4 tandem parking spaces. This location in El Segundo is ideal, because it’s far away from any detrimental factors yet in close proximity to the downtown restaurants, the beach, employment hubs and transportation. All of the units offer two bedrooms, and most offer more than one bath. All but one of the units have been substantially refurbished, and the building itself has been lovingly maintained, including lush landscaping that gives the courtyard a welcoming, homey feel. 5 of the units are flats, and two are townhome style. 6 of the 7 units have fireplaces! All units have individual hot water heaters. There is a spacious on-site laundry for the units to share, and the building has been recently painted, replumbed, reroofed, and has new windows. The rents are mostly balanced, but there is still some upside. The building is professionally managed by First Light Property Management, a trusted name in local management for over 15 years. This is a property that you will be proud to own.

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Stories: 3

Listing Office:

  • Office Name: DOMO Real Estate
  • Office Phone: (310) 291-7779
  • Listing Agent: Robert Freedman

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 9 spaces

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • El Segundo High School, Public District Grades 9-12
  • El Segundo Middle School, Public District Grades 6-8
  • Richmond Street Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Vista del Mar to Grand, east to Virginia, north to address

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,695,000

Tax Information:

  • Annual Amount: $32,978
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in El Segundo, CA.

Med. Sold Price

$1.5M

Med. Price/SqFt

$797

Avg. Days On Market

75

# of Sold Homes

5

349 Virginia St vs El Segundo

45 DAYS ON ROCKET

-30 Days

$3,695,000

+$2.0M More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price in El Segundo, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24049689

Listing Office:

  • Office Name: DOMO Real Estate
  • Office Phone: (310) 291-7779
  • Listing Agent: Robert Freedman

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$32,978$2,793,645
2020$7,382$566,084
2019$6,888$554,986
2018$6,993$544,105
2017$6,993$533,437

History based on county public records data.

Payment Calculator

$18.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.1K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1781244
8
/10
  • Richmond Street Elementary School

  • 615 Richmond St

  • 0.30 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1781245
8
/10
  • El Segundo Middle School

  • 332 Center St

  • 0.86 miles

  • Public District Grades 6-8

High School

school-card-donut-1781246
10
/10
  • El Segundo High School

  • 640 Main St

  • 0.37 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,098. Typical income of El Segundo, CA residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 349 Virginia St

What is the listing price of this property?

The listing price of 349 Virginia St property is $3,695,000.

What type of property is this?

The property 349 Virginia St is a condo located in El Segundo, California, 90245.

Is this property for sale now?

Active Listing: 349 Virginia St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 349 Virginia St are:
Richmond Street Elementary School: GreatSchools Rating 8/10
El Segundo Middle School: GreatSchools Rating 8/10
El Segundo High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $32,978 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 349 Virginia St is 1978.
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Rocket HomesCaliforniaLos Angeles CountyEl Segundo90245349 Virginia St

This home is located at 349 Virginia St in El Segundo, CA and zip code 90245 in the South Bay neighborhood. This home, which was built in 1978, sits on a 0.16 acre lot. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $3,695,000.

In March 2024 more than 3 listings in El Segundo, CA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. In March 2024 in El Segundo, CA there were 20.7% less homes for sale than in February 2024. While the average time on the market in March 2024 was 75 days, the median list price was $1,596,000.

From Rocket Homes Real Estate and based on county public records data.

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