521 Penn Street, El Segundo, California 90245, El Segundo, 90245 - bed, bath

521 Penn Street, El Segundo, California 90245 home-pic-0
ACTIVE$2,349,000
521 Penn Street, El Segundo, California 90245
0Bed
0Bath
2,343Sqft
6,006Lot
Year Built
2020
Close
-
List price
$2.35M
Original List price
$2.78M
Price/Sqft
$1,003
HOA
-
Days on market
-
Sold On
-
MLS number
SB25089532
Home ConditionExcellent
Features
Deck
Patio
ViewNeighborhood

About this home

We found 4 Cons,6 Pros. Rank: price - $2.35M(86th), sqft - 2343(71th), beds - undefined(50th), baths - undefined(50th).

This rare offering features two beautifully remodeled homes on one lot, each with its own garage, private outdoor space, and modern amenities, just one block from Recreation Park and moments to the beach and downtown. The front home features 3 bedrooms, 2 bathrooms with 1,344 sq ft of living space. Rebuilt from the studs five years ago, the fenced-in front yard welcomes you in with turf and an entry deck, leading into an open-concept layout with 6-inch wide plank tile flooring throughout and vaulted ceilings in the living room and all bedrooms. The kitchen is equipped with quartz countertops, a large center island with barstool seating, ample cabinetry, and Whirlpool appliances, while the spacious dining nook includes a built-in bench with additional storage. Two bedrooms and a full bath are located down the hall, along with a laundry room featuring a sink and extra cabinet space. At the end of the hall, the primary suite offers a walk-in closet, en-suite bath with stone flooring in the shower, and direct access to a private backyard with an outdoor shower ideal for relaxing or entertaining. The back home, 521 1/2 Penn St., with its own private entrance, includes 2 bedrooms, 2 bathrooms, and 999 sq ft of interior space. Light-filled and welcoming, it features wide plank flooring, a living room that opens to a balcony for seamless indoor-outdoor flow, and a spacious kitchen with barstool seating and stainless steel Frigidaire appliances. The primary bedroom includes an en-suite bath, and there's a stackable washer and dryer conveniently inside. This unit also enjoys a nicely sized backyard with turf, perfect for lounging or entertaining. With quality upgrades, flexible living options, and a location that checks every box, this is an exceptional opportunity in a sought-after neighborhood.

Nearby schools

9/10
Center Street Elementary
Public,K-50.4mi
9/10
Richmond Street Elementary School
Public,K-50.4mi
8/10
El Segundo Middle School
Public,6-80.4mi
10/10
El Segundo High School
Public,9-120.3mi

Price History

Date
Event
Price
06/18/25
Sold
$2,100,000
06/15/17
Sold
$1,050,000
10/13/04
Sold
$671,000
Condition Rating
Excellent

This property, built in 2020, features two homes, with the front unit extensively rebuilt from the studs five years ago. Both units present as virtually new, boasting modern, high-quality finishes throughout. The kitchens are equipped with quartz countertops, contemporary white shaker cabinetry, and new stainless steel appliances (Whirlpool/Frigidaire). Bathrooms are equally updated with modern vanities, tiled showers, and stone flooring in the primary bath. Wide plank flooring, vaulted ceilings, recessed lighting, and modern fixtures are consistent across both residences, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Center Street Elementary (9/10). High School: El Segundo High School (10/10).
Income Potential & Flexible Living: This rare offering features two beautifully remodeled homes on one lot, each with its own garage, private outdoor space, and modern amenities, providing excellent potential for rental income, multi-generational living, or a live-work setup.
Prime Coastal Location: Situated just one block from Recreation Park and moments to the beach and downtown El Segundo, offering unparalleled access to local amenities, recreation, and the desirable coastal lifestyle.
Modern Construction & High-End Finishes: The property boasts recent construction (Year Built 2020) and extensive remodels, featuring open-concept layouts, wide plank flooring, vaulted ceilings, quartz countertops, modern appliances, and updated bathrooms in both units.
Private Outdoor Spaces & Amenities: Each unit benefits from its own private entrance, dedicated garage, and distinct outdoor areas, including fenced yards with turf, an entry deck, and a balcony, enhancing privacy and outdoor enjoyment.
Top-Rated School District: Located within an excellent school district with highly-rated elementary, middle, and high schools (ratings 8-10) in close proximity, making it highly attractive for families.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-06-18. The sold price is $2,100,000.00.
Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $2,779,000 to $2,349,000, which may suggest a previous overvaluation or challenges in market absorption.
Limited Premium Views: Despite being near the beach and having a 'Neighborhood' view, the description does not indicate more desirable views such as ocean or city panoramas, which might be expected for a property in this price range and location.
Individual Outdoor Space Constraints: While both units have private outdoor spaces, accommodating two separate homes on a 6,006 sq ft lot may result in smaller individual yard areas compared to a single-family residence on a similar lot size.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state