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126 W Walnut Ave, El Segundo, CA 90245

Sale Price: $1,175,000
Jul 8, 20241,114 sqft2 beds1 baths
Listed by: Holly Socrates
License #: 02095796
Phone #: 310-546-7611
Vista Sotheby’s International Realty
Source:
CRMLS Logo
MLS #: SB24013529

Property Description

Excellent opportunity to own your dream home (with income potential) in charming El Segundo! Blooming magnolia trees line the street of this super cute, original 1946 beach bungalow with ADU located just over a mile from the glistening Pacific Ocean. The main house needs some repair but has great bones; including an excellent floor plan, original hardwood floors, and newer windows that fill the home with natural light. The spacious living room is warm and inviting for friends and family to gather around its wood-burning fireplace. The living room is open to a sunny dining space with direct access to the backyard. The separate kitchen offers washer/dryer hook-ups, a refrigerator, and an entrance off the driveway, easing the chore of unloading groceries. Wood cabinetry with glass front uppers and a corner sink overlooking the south-facing backyard finish the space. On the west side of the home, the two nicely sized bedrooms are separated by a full bathroom and hallway closets for extra storage. Stepping outside in the backyard, a group of tall palm trees lead the way to the two-bedroom, one-bath ADU. Originally a garage, the converted space offers a sunny living area, eat-in kitchen, and generous backyard. The ADU was leased for $3000/month in its current condition from dates 11/22-1/24. Greater income may be possible with a few upgrades. El Segundo offers highly rated schools, a charming downtown, and proximity to freeways, LAX airport, and the beach. This sweet home has excellent potential for homeowners willing to take on a project or investors looking to fix-to-sell or hold. The property is being sold as-is. The Seller will not offer any repairs or credits.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$19,875

TurboHome Estimated Value

$1,312,500

$1,178 sqft

High Valuation
$1,378,125
$1237/sqft
Normal Valuation
$1,312,500
$1178/sqft
Low Valuation
$1,246,875
$1119/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1178/sqft$1,312,500

Neighborhood

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Comparative Value

$810K

$835K

$1.18M

$1.24M

$1.30M

945 Pepper St 114, El Segundo, CA 90245

Sale Price: $810,000

Selected Comparable

123 E Oak Ave 202, El Segundo, CA 90245

Sale Price: $810,000

Selected Comparable

745 Main St 202, El Segundo, CA 90245

Sale Price: $835,000

Selected Comparable

126 W Walnut Ave, El Segundo, CA 90245

Sale Price: $1,175,000

Selected Comparable

212 E Maple Ave, El Segundo, CA 90245

Sale Price: $1,242,000

Selected Comparable

126 W Walnut Ave, El Segundo, CA 90245

List Price: $1,300,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
126 W Walnut Ave, El Segundo, CA 90245

126 W Walnut Ave, El Segundo, CA 90245

List: $1,300,000

Listed: 7/8/2024

Area:1,114 sqft
Price/sqft:$1,167
Beds:2
Baths:1
Year Built:
Lot Size:5,513

Comparable Properties

COMPARABLE
Choose comps
126 W Walnut Ave, El Segundo, CA 90245

126 W Walnut Ave, El Segundo, CA 90245

Sale: $1,175,000

8/30/20240.00 mi

Area:1,114 sqft
Price/sqft:$1,055
Beds:2
Baths:1
Year Built:
Weight:23.0%
745 Main St 202, El Segundo, CA 90245

745 Main St 202, El Segundo, CA 90245

Sale: $835,000

2/7/20250.16 mi

Area:1,173 sqft
Price/sqft:$712
Beds:2
Baths:2
Year Built:
Weight:19.9%
945 Pepper St 114, El Segundo, CA 90245

945 Pepper St 114, El Segundo, CA 90245

Sale: $810,000

12/2/20240.13 mi

Area:1,175 sqft
Price/sqft:$689
Beds:2
Baths:2
Year Built:
Weight:19.6%
123 E Oak Ave 202, El Segundo, CA 90245

123 E Oak Ave 202, El Segundo, CA 90245

Sale: $810,000

4/3/20250.19 mi

Area:1,256 sqft
Price/sqft:$645
Beds:2
Baths:2
Year Built:
Weight:19.2%
212 E Maple Ave, El Segundo, CA 90245

212 E Maple Ave, El Segundo, CA 90245

Sale: $1,242,000

12/27/20240.20 mi

Area:1,059 sqft
Price/sqft:$1,173
Beds:3
Baths:1
Year Built:
Weight:18.3%

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