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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in El Segundo, CA.
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
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
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$18.5K
Per Month
Principal & Interest
$18.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.1K
Powered By
Advertisement
NMLS#3030
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
8
/10
Richmond Street Elementary School
615 Richmond St
Distance between this listing and this school0.30 miles
Public District Grades KG-5
Middle School
8
/10
El Segundo Middle School
332 Center St
Distance between this listing and this school0.86 miles
Public District Grades 6-8
High School
10
/10
El Segundo High School
640 Main St
Distance between this listing and this school0.37 miles
Public District Grades 9-12
Assigned Schools
8
/10
Richmond Street Elementary School
615 Richmond St
Distance between this listing and this school0.30 miles
Public District Grades KG-5
Nearby Schools
9
/10
Center Street Elementary School
700 Center St
Distance between this listing and this school0.92 miles
Public District Grades KG-5
9
/10
Grand View Elementary School
455 24th St
Distance between this listing and this school1.84 miles
Public District Grades KG-5
Assigned Schools
8
/10
El Segundo Middle School
332 Center St
Distance between this listing and this school0.86 miles
Public District Grades 6-8
Nearby Schools
9
/10
Manhattan Beach Middle School
1501 N Redondo Ave
Distance between this listing and this school3.00 miles
Public District Grades 6-8
5
/10
Stella Middle Charter Academy
5431 W 98th St
Distance between this listing and this school3.18 miles
Public Charter Grades 5-8
Assigned Schools
10
/10
El Segundo High School
640 Main St
Distance between this listing and this school0.37 miles
Public District Grades 9-12
Nearby Schools
4
/10
Wesm Health/Sports Medicine
7400 W Manchester Ave
Distance between this listing and this school2.64 miles
Public Magnet Grades 9-12
5
/10
Bright Star Secondary Charter Academy
5431 W 98th St
Distance between this listing and this school3.18 miles
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 8/10El Segundo Middle School: GreatSchools Rating 8/10El 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.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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.