$1,799,000
$100K PRICE DROP

123 Richmond St El Segundo, CA 90245

Estimated payment $11,429/month

Total Views 14,506
2 Beds
2.5 Baths
2,490 Sq Ft
$722 Price per Sq Ft

Highlights

  • Spa
  • City Lights View
  • Traditional Architecture
  • Richmond Street Elementary School Rated A
  • 0.32 Acre Lot
  • 4-minute walk to Candy Cane Park

About This Home

Nestled in the heart of charming downtown El Segundo, 123 Richmond Street is a rare and coveted opportunity that seldom comes to market. Built in 2004, this mixed-use property offers coveted store or office frontage on Richmond Street an ideal location for businesses seeking visibility and accessibility in one of Southern California's most business-friendly cities. The ground-level commercial space features polished concrete floors, a modern kitchen area, private bathroom, storage, and is move-in ready for the next thriving company eager to join El Segundo's bustling entrepreneurial community. Directly above, a beautifully upgraded condominium offers sophisticated urban living, complete with a rooftop deck and Jacuzzi that provide sweeping panoramic views of the city. The residence includes dual entrances one from Richmond Street and another through the back lot, where four dedicated parking spaces add convenience and value. Interior upgrades include new air conditioning, flooring, windows, and frameless shower doors, as well as California Closets in both bedrooms, a custom bar with wine fridge, and sleek automatic window coverings. Designed with entertaining in mind, the open-concept living space boasts built-in speakers throughout, and high-end stainless steel appliances for the culinary enthusiast. With only four units in this impeccably maintained building, and just a short stroll to the beach and all the restaurants, shops, and charm of downtown El Segundo, this is truly a one-of-a-kind offering not to be missed.

Listing Agent

Gina Hoffman

eXp Realty of California Inc License #01905428 Listed on: 04/09/2025

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,002

Year Built

  • Built in 2004 | Remodeled

HOA Fees

  • $395 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Split Level Home

Interior Spaces

  • 2,490 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room
  • Dining Area
  • Home Office
  • City Lights Views
  • Laundry closet

Kitchen

  • Galley Kitchen
  • Open to Family Room
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Home Security

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district

Additional Features

  • Spa
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 4136-027-034

Community Details

Overview

  • 4 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,002

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: Two, Multi/Split
  • Street Number Display: Yes
  • Complex Name: Richmond
  • Entry Floor: 2
  • Living Area: 2490
  • Lot Acreage: 0.3217
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 2004
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Appliances: Microwave
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Open to Family Room, Galley Kitchen
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Hood Fan, Refrigerator, Range/Oven
  • Price Per S Q F T: 722.49
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Pool: No
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: City Lights, City
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Water: District

Association/Amenities

  • Amenities: Assoc Maintains Landscape
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 395.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4136-027-034
  • Lot Size Area: 14013

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,002 $1,352,904 $669,619 $683,285
2024 $15,002 $1,326,378 $656,490 $669,888
2023 $14,607 $1,300,371 $643,618 $656,753
2022 $14,767 $1,274,875 $630,999 $643,876
2021 $14,591 $1,249,878 $618,627 $631,251
2019 $14,094 $1,212,808 $600,279 $612,529
2018 $13,212 $1,189,028 $588,509 $600,519
2016 $12,826 $1,142,858 $565,657 $577,201
2015 $12,665 $1,125,692 $557,161 $568,531
2014 $12,386 $1,103,642 $546,247 $557,395
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $1,799,000 -2.7% $722 / Sq Ft
05/19/2025 05/19/25 Price Changed $1,849,000 -2.6% $743 / Sq Ft
04/09/2025 04/09/25 For Sale $1,899,000 -- $763 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $990,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $409,000 Commercial
Closed $396,000 Commercial
Previous Owner $495,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 25518023

The MLS

APN: 4136-027-034