Shield Commercial Real Estate is proud to present this 4,836-square foot, seven-unit* apartment located at 215 Concord Street in El Segundo, California. El Segundo has seen a recent revitalization of local landmarks and continued growth in its multi-family market. El Segundo is home to various aerospace companies, including Boeing, Raytheon, Lockheed Martin, Northrop Grumman, and The Aerospace Corporation. El Segundo is also home to Mattel, the world’s largest toy manufacturer, and DirecTV, the country’s largest satellite television operator. Apart from the fact El Segundo has more Fortune 500 companies than any other city in
California other than San Francisco, the subject property is located in close proximity to a cluster of boutique clothing and gift shops,
restaurants, cafes, and most importantly, the beach.
The city has earned a reputation as one of the best places to work and live. El Segundo’s business friendly environment, skilled workforce,
proximity to LAX, 105 and 405 Freeways, and South Bay address makes it an opportune city to invest in.
Situated on a lot totaling 5,722-square feet, this offering contains an outstanding unit mix of six two-bedroom/one-bathroom units and one studio/one-bathroom unit. The building is individually metered for gas and electricity, and contains ample garage parking.
The 215 Concord Street apartment provides long-term investors with the opportunity to own an “A” Class Asset on a valuable piece of land in a prime El Segundo location. Additionally, a buyer may consider increasing yields through enhancing the current building to obtain rental upside. 215 Concord Street provides an investor with the once in a life-time opportunity to purchase a highly attractive property, with strong income, in an absolutely irreplaceable location. *6 plus 1 non-conforming unit.
