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    122 Penn Street

    El Segundo, CA 90245
    • $3,495,000
    • STATUS: Active
    • ON SITE: 49 days
    • ID#: SB20212292
    UPDATED: 68 min ago
    $3,495,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,600
      SQFT
    • $624
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:

    School Ratings & Info

    Description

    In the heart of Smoky Hollow is a renovated light industrial building with two separate units. The bottom unit features two private glass enclosed offices with a large open concept office space and two private bathrooms. The double doors lead you into the warehouse with loading dock at the back of the building and large deck plus additional parking. The bottom unit is currently on a month to month lease. The upper unit has one large private office, large open concept office space, two private bathrooms and kitchenette. The upper office is currently leased through August 2021. As the City of El Segundo's website says "Smoky Hollow is an authentic and historical business zone that is emerging as a center for creativity and innovation. Small visionary companies with large aspirations have staked their claim in Smoky Hollow. With an unparalleled level of energy and excitement, companies here roll up their modern day garage doors and entrepreneurial sleeves."

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-28T07:27:12.777. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Results Group | Berkshire Hathaway HomeServices California Realty. Licensed in the State of California, USA.

    www.redlandsland.com/homes/110881044
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    122 Penn Street El Segundo, CA 90245

    • Price: $3,495,000
    • Status: Active
    • Updated: 68 min ago
    • ID#: SB20212292
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    5,600
    SQFT
    $624
    $/SQFT
    1961
    Built
    Neighborhood:
    141 - El Segundo
    County:
    Los Angeles
    Area:
    141 - El Segundo
    Property Description
    In the heart of Smoky Hollow is a renovated light industrial building with two separate units. The bottom unit features two private glass enclosed offices with a large open concept office space and two private bathrooms. The double doors lead you into the warehouse with loading dock at the back of the building and large deck plus additional parking. The bottom unit is currently on a month to month lease. The upper unit has one large private office, large open concept office space, two private bathrooms and kitchenette. The upper office is currently leased through August 2021. As the City of El Segundo's website says "Smoky Hollow is an authentic and historical business zone that is emerging as a center for creativity and innovation. Small visionary companies with large aspirations have staked their claim in Smoky Hollow. With an unparalleled level of energy and excitement, companies here roll up their modern day garage doors and entrepreneurial sleeves."
    Exterior Features

    Lot Features Level With Street Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Cooling Zoned Cooling YN Yes Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 3.93 Country Us Electric Expense 9600.00 Expense Year 2020 Gross Scheduled Income 166568.00 Land Use Industrial Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Industrial Real Estate Tax Expense 28670.00 Special Listing Conditions Standard Tax Annual Amount 28670.00 Water Sewer Expense 2400.00 Water Source Public

    Listing provided courtesy of Regina Hoffman of Palm Realty Boutique, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-28T07:27:12.777. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Results Group | Berkshire Hathaway HomeServices California Realty. Licensed in the State of California, USA.

     
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    The Results Group | Berkshire Hathaway HomeServices California Realty
    501 Stuart Street, Suite 101
    Redlands CA, 92373