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$1,700,000
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Property Description
5.35% CAP! - 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, 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. 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.
Full Property Details
Full Property Details for 529 E Walnut
General
- Sold For: $1,700,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26029869
- Added to Site: 150 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: 141 - El Segundo
- County: Los Angeles
- Development Name: 141 - El Segundo
- Driving Directions: Near the Corner of Sheldon St and E Walnut Ave
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: Front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,520
- Year Built: 1940
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1795
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $674.6
- Price Per Unit: 425000
Listed and Sold by Lyon Stahl Investment Real Est, Woody Stahl and Lyon Stahl Investment Real Estate, Inc., Brett Lyon
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Schools
Schools serving 529 E Walnut
School District:El Segundo Unified School District
| Name | Grades | Distance |
|---|---|---|
Center Street Elementary 700 Center Street, El Segundo, CA 90245 | K-5 | 0.5 mi |
El Segundo Middle School 332 Center Street, El Segundo, CA 90245 | 6-8 | 0.7 mi |
El Segundo High School 640 Main Street, El Segundo, CA 90245 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 529 E Walnut
Date
Details
Price
Change
Source
6/30/2026
Sold
$1,700,000
—
MLS
5/06/2026
Price Reduced
$1,700,000
-10.29%
MLS
3/10/2026
Price Reduced
$1,895,000
-5.01%
MLS
2/10/2026
Listed
$1,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
529 E Walnut, El Segundo, CA 90245 (MLS# PW26029869) is a Multi-Family property that was sold at $1,700,000 on June 30, 2026. Want to learn more about 529 E Walnut? Do you have questions about finding other Multi-Family real estate for sale in El Segundo? You can browse all El Segundo real estate or contact a Coldwell Banker agent to request more information.

