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Under ContractSingleFamilyResidence

628 Penn Street

El Segundo, CA, 90245

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$3,495,000

Original list price: $3,850,000

MLS: 26833869

Beds

4

Baths

5

Sq Ft

3,801

Lot

0.12 ac

Year Built

1942

MLS #

26833869

Days on Market

54

Listed

Jun 10, 2026

Description

Backup offers welcome. This exquisite residence is a rare intersection of architectural vision and livable sophistication. A must-see home in person that turns heads from the street and even more beauty within. Designed by renowned architect Daryl Olesenski of O PLUS L, every detail reflects intention. Feel the sense of openness and grandeur that distinguishes this home. Enjoy a front-row seat to the sky as it ignites over the Pacific each evening, amber, rose, and gold dissolving into the horizon. The luminous panorama of LAX adds a living, ever-moving spectacle unlike anything else. Ultra-high ceilings and a dramatic entry set the tone for a seamless, light-filled open floor plan. The culinary suite is extraordinary: a full European-design kitchen with 4 Miele ovens, a 6-burner Miele cooktop, dual Miele dishwashers, 2 sinks, an appliance garage,100-bottle Thermador wine storage, plus a full butler pantry with private entry, sink, dishwasher, washer/dryer, and abundant cabinetry and counter space. An entertainer's dream. Retractable sliding doors in the front family room blur the line between indoors and out. The rear family room centers on a fireplace and a built-in entertainment bar, opening via folding Nana doors to a fabulous backyard, which is a fully realized outdoor environment: a stunning, blue-tiled pool, a large island with a sink, generous cabinetry, and storage sheds. Four en-suite bedrooms include a Primary Suite with a fireplace, custom wraparound closets, and a fifteen-foot-high, towering rain shower. The downstairs bedroom suite offers a separate entrance, ideal for guests or multigenerational living. A loft office with a dramatic airport-view picture window completes the layout. The infrastructure is equally impressive: seller-owned solar panels, battery backup, a level 2 EV charger, a whole-home water treatment system with dual reverse osmosis outlets, a central vacuum, and Sonos in-wall audio throughout. Three-car garage. Situated west of Sepulveda in South Bay, within reach of world-class beaches, top-rated schools, and the vibrant dining and boutique culture of Main Street, while remaining remarkably connected to greater Los Angeles.

Location

El Segundo, Los Angeles County, CA 90245

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Listed by: Thomas Swanson · Exclusive Realty Inc

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$25,528

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $349,500 · Loan: $3,145,500

%

Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$20,276
Property tax (1.25%)
$3,641
Homeowners insurance
$300
Mortgage insurance
$1,311
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Aug 6, 2026

30-year fixed
6.69%
15-year fixed
6.01%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $122,325 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.

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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

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.