Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveQuadruplex

529 E Walnut

El Segundo, CA, 90245

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$1,895,000

MLS: PW26040061

Beds

4

Baths

4

Sq Ft

2,520

Lot

0.18 ac

Year Built

1940

MLS #

PW26040061

Days on Market

15

Listed

Feb 23, 2026

Description

529 E Walnut Avenue is a well-located multifamily investment opportunity in the heart of El Segundo, one of the most desirable and supply-constrained coastal submarkets in Los Angeles County. Situated on a 7,819 square foot lot, the property features approximately 2,520 rentable square feet across four separate structures, offering a rare bungalow-style layout in a high-barrier-to-entry neighborhood. The property has benefited from recent LAWA-completed capital improvements, including new windows, doors, and central air conditioning across all units, as well as new electrical panels. The property is configured with four 1-bedroom / 1-bathroom units, including two detached front bungalows and a middle building comprised of two additional 1-bedroom / 1-bathroom units. A detached rear structure includes a nonconforming studio unit, providing additional income potential. The layout and unit mix appeal to long-term tenants seeking privacy, outdoor separation, and proximity to El Segundo’s walkable downtown, major employment centers, and the coast. 529 E Walnut Avenue presents a compelling value-add opportunity through rent growth, unit improvements, and operational enhancements in a premier South Bay location. With limited new multifamily development and consistently strong rental demand, the property offers investors the opportunity to acquire a well-positioned asset with meaningful upside in an A-level coastal market.

Location

El Segundo, Los Angeles County, CA 90245

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Listed by: Woody Stahl · Lyon Stahl Investment Real Est

Payment estimate

$13,463

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $189,500 · Loan: $1,705,500

%
Principal & Interest
$10,479
Property tax (1.25%)
$1,974
Homeowners insurance
$300
Mortgage insurance
$711
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this El Segundo home with as little as 3.5% down using an FHA loan — roughly $66,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See El Segundo, CA 90245 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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