Nestled in a quiet El Segundo neighborhood, this well-maintained triplex sits on a 7,268 sq ft R2 lot and offers strong income potential. The property features three units: two 1-bed/1-bath units and one 2-bed/1-bath unit. The property has a history of steady and reliable rental income. A major value-add opportunity is in progress: plans and permits are underway for a two-story 2-bed/2-bath ADU (approx. 1,200–1,300 sq ft, pending city approval). All permit fees have been paid by the seller, and documentation from the Assessor’s Office is available upon request. This is a rare chance to invest in a turnkey property with immediate upside potential.
MLS #
CRSB25056069
MLS Source
California Regional MLS
Days on Site
235
Laundry
None
Pool
None
Garage/Parking
No Parking, Garage: 0 Car(s)
HOA Fee
$0
Listing Agent
Bill Ruane
Estate Properties
License #: 00972400
Phone: (310) 877-2374
Co-Listing Agent
Heba Abulazm
Real Estate Source, Inc.
License #: 01391926
Phone: (310) 940-1999
| # Buildings | # Leased Units | # Total Units | 
|---|---|---|
| 1 | 3 | 3 | 
848 Penn St is a Triplex in El Segundo, CA 90245. This – square foot property sits on a 7,150 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,699,000 and was built in 1943. This address can also be written as 848 Penn St, El Segundo, CA 90245.
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This listing information is up-to-date as of October 16, 2025. For the most current information, please contact Bill Ruane, (310) 877-2374