126 W. Walnut Avenue, El Segundo, CA 90245

$1,300,000 Asking Price

2 beds
1 bath
1,114  sqft
Built in 1946

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.


Features & Amenities

Interior

General:
All Bedrooms Down,Bedroom on Main Level,Main Level Primary
Appliances:
Refrigerator
Laundry:
Washer Hookup,Gas Dryer Hookup
Flooring:
Vinyl,Wood
A/C:
false, None
Heating:
true, Forced Air
Fireplace:
Living Room,Wood Burning, Fireplace

Exterior

Pool:
None
Parking:
Driveway, Parking spaces: 0

Construction

Roofing:
Asbestos Shingle
Windows:
Triple Pane Windows
General:
Plaster, 1, Raised

Location

Road/Access:
City Street
HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
El Segundo Unified
County:
Los Angeles

Lot

Zoning:
4132015015
View:
Neighborhood, View
Fencing:
Chain Link

Utilities

Utilities:
Electricity Available,Natural Gas Available,Sewer Available,Water Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Vista Sotheby’s International Realty, Holly Socrates

About El Segundo, CA

Housing

Number of Units
7,238
Median Home Value
$1,109,942
Median Rent
$1,911

58.19% of housing units are renter occupied.

4.49% are vacant.

Commute

Car
65.35%
Public Transportation
0.75%
Walk to Work
2.60%
Work from Home
29.30%
Other
0.69%

The median travel time to work is 20 minutes.

People

Population
16,997
Median Age
38.50
Median Household Size
2.61

Education

High School
11.45%
Associate’s Degree
6.27%
Bachelor’s Degree
34.98%
Graduate Degree
22.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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