El Segundo California is the northern most beach front city in the South Bay of Los Angeles County. Bordered by multi-million dollar multifamily income properties to the south in the beach towns of Manhattan Beach, Hermosa Beach and Redondo Beach, El Segundo offers more of a “small town” vibe with lower asking prices for Duplex, Triplex, Fourplex MultiFamily Income properties. To see a full list of MultiFamily Duplex Income Properties currently listed for sale in El Segundo please click this live link!
El Segundo is located on the Santa Monica Bay, South Bay region of Los Angeles County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in El Segundo.
El Segundo’s population was 16,849 as of 2012. The estimated median household income in 2011 was $82,217 (it was $61,341 in 2000). This is larger than the California median which was $57,287 in 2011.
In 2006, El Segundo won an Eddy award for being the most business friendly city in L.A. County. El Segundo has many aviation related and petroleum related industries and operations. Many large aerospace companies have facilities in El Segundo, including Boeing, Raytheon, Lockheed Martin, Northrop Grumman, and The Aerospace Corporation, which is headquartered there. It is also home to the Los Angeles Air Force Base and the Space and Missile Systems Center (SMC), which is responsible for space-related acquisition for the military. In addition to the Chevron oil refinery, El Segundo is also home to the Hyperion sewage treatment plant and the El Segundo power plant. The El Segundo power plant is operated by the American energy company NRG. Toy manufacturer Mattel, DirecTV, medical company DaVita, IT services firm Computer Sciences Corporation, international Rectifier, Fresh and Easy, Big 5 Sporting Goods. Rapid7, Teledyne Controls, contractor Wyle Laboratories are also companies in El Segundo.
The city also enjoys being close to a variety of conveniences. The Los Angeles International Airport (LAX) is located immediately to the north of El Segundo. The hospitals Centinela Hospital Medical Center is 4 miles away in Inglewood and Providence Little Company of Mary is only 5 miles away. There are many colleges near El Segundo, the biggest being the University of California Los Angeles (UCLA) which has over 37,000 full time enrolled students and is only 11 miles away.
El Segundo has many attractions, including the Dockweiler State Beach, Recreation Park and Library Park. The Old Downtown area has a number of nice restaurants and boutiques and other shops. The Automobile Driving Museum has an eclectic collection of old cars and is a must see for any car enthusiast. If you like hockey, then go to the Toyota Sports Center and watch the LA Kings practice, or put on skates yourself and skate during public session. Other attractions include The Lakes Golf Course, Old Town Music Hall, the Dog Park, and Skate Park.
All of these features make El Segundo a great city to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, growing community has great attractions, a healthy work industry, and above average rent. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.
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This information was gathered from www.elsegundo.org, city-data.com and wikipedia
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