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226 Arena St
0.16 Acres of Residential Land Offered at $1,600,000 in El Segundo, CA 90245
Investment Highlights
- Rare Opportunity to Purchase a Potential Multi-Family Development Located in the Heart of ohe Beachside Area of Downtown El Segundo.
- Only Blocks to Downtown El Segundo’s Main Street Retail, Restaurants and Entertainment, as Well as El Segundo’s Recreation Park.
- El Segundo Refinery is the largest producing oil refinery on the West Coast
- Centrally Located Between the Pacific Ocean, Lax, and Headquarters to Many Fortune 500 Companies.
- Easy Access to Major Interstate Freeways and Other Major Renowned Metropolitan Business Districts, Shopping and Entertainment Venues.
Executive Summary
The property is an outstanding opportunity to develop into a multi-family residential development.
Buyer interest must conduct their own research as to the density of any potential multi-family residential development.
The property is located on the beachside area of El Segundo which has a friendly, small-town charm and is nestled between the Pacific Ocean, Los Angeles International Airport (LAX), and headquarters of many fortune 500 companies.
El Segundo is a community situated within a 5.5 square mile area that offers beautiful residential neighborhoods, a vibrant downtown, and unequaled connectivity to the greater Los Angeles Basin.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
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-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $1,600,000 | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.16 AC |
| Price | $1,600,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.16 AC |
1 Lot Available
Lot
| Price | $1,600,000 | Lot Size | 0.16 AC |
| Price Per AC | $10,000,000 |
| Price | $1,600,000 |
| Price Per AC | $10,000,000 |
| Lot Size | 0.16 AC |
An approximately 7,151 square foot lot approximately 50 feet wide by 143 feet deep.
Description
Marcus Millichap REIS is pleased to present 226 Arena Street, El Segundo, CA. An approximately 7,151 square foot lot approximately 50 feet wide by 143 feet deep. Currently the property has a single-family residence structure of approximately 808 square feet. The property is zoned ESR3YY. The property is an outstanding opportunity to develop into a multi-family residential development. Buyer interest must conduct their own research as to the density of any potential multi-family residential development. The property is located on the beachside area of El Segundo which has a friendly, small-town charm and is nestled between the Pacific Ocean, Los Angeles International Airport (LAX), and headquarters of many fortune 500 companies. El Segundo is a community situated within a 5.5 square mile area that offers beautiful residential neighborhoods, a vibrant downtown, and unequaled connectivity to the greater Los Angeles Basin.
zoning
| Zoning Code | ESR3YY |
| ESR3YY |
Presented by
226 Arena St
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