The Luxury Home Market in El Segundo
It wasn’t long ago that a home sale over $2,000,000 in El Segundo was an extreme rarity. Unlike neighborhing Manhattan Beach real estate, El Segundo isn’t known as a luxury market but that’s changing.
In 2013, 2014 and 2015 there was only 1 $2.0+ home sale each year and the common denominator was very large lots. The home in 2013 was land value and the 23,000+ foot lot sold for $2,000,000 which happened to turn into 12 townhome that all sold between the high $700s and $800s. (now that’s a nice return)
2016 was the first year where this luxury price range started to be a bit normal in El Segundo with 5 home sales over $2,000,000. After a slow 2017 there were 6 homes that sold in 2018 and 10 $2.0M+ home sales in 2019.
The History of El Segundo Homes over $2,000,000
Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | Lot Size | Sold Date | |
115 E | Walnut AVE | $2,000,000 | $1,639.34 | 2/2,0,0,0 | 1220/A | 1920/ASR | 23,386 | 4/12/2013 |
670 W | Maple AVE | $2,100,000 | $335.79 | 6/5,0,0,0 | 6254/A | 2006/ASR | 9,850 | 7/30/2014 |
1501 E | Sycamore AVE | $2,075,000 | $359.56 | 4/5,0,0,0 | 5771/A | 2009/ASR | 10,408 | 8/11/2015 |
840 | Center ST | $2,150,000 | $598.39 | 4/5,0,0,0 | 3593/A | 2008/ASR | 6,872 | 1/15/2016 |
815 | California ST | $2,100,000 | $583.66 | 4/2,1,0,0 | 3598/A | 1966/ASR | 9,725 | 2/1/2016 |
332 | Whiting ST | $2,350,000 | $535.43 | 6/5,0,1,0 | 4389/A | 1928/ASR | 7,156 | 4/7/2016 |
437 | Kansas ST | $2,080,000 | $658.23 | 5/4,0,1,0 | 3160/A | 2005/ASR | 5,570 | 6/7/2016 |
515 | Loma Vista ST | $2,225,000 | $590.66 | 5/4,0,1,0 | 3767/A | 2007/ASR | 6,411 | 7/22/2016 |
403 | Whiting ST | $2,155,000 | $718.33 | 3/2,1,0,0 | 3000/E | 2015/OTH | 7,470 | 4/14/2017 |
707 | Bungalow DR | $2,300,000 | $575.00 | 5/4,0,1,0 | 4000/O | 2010/ASR | 6,590 | 1/25/2018 |
425 W | OAK AVE | $2,350,000 | $587.50 | 5/5,0,1,0 | 4000/D | 2017/BLD | 8,144 | 2/13/2018 |
321 | Lomita ST | $2,300,000 | $759.33 | 5/3,1,1,0 | 3029/S | 1948/ASR | 5,723 | 4/2/2018 |
758 | Lomita ST | $2,300,000 | $575.00 | 5/4,0,1,0 | 4000/O | 2004/ASR | 6,482 | 7/6/2018 |
917 | Sheldon ST | $2,560,000 | $609.52 | 5/4,0,1,0 | 4200/B | 2018/BLD | 7,978 | 8/10/2018 |
628 W | OakAVE | $2,389,500 | $660.63 | 5/4,0,1,0 | 3617/AP | 1925 | 7,183 | 9/18/2018 |
807 | Bungalow DR | $2,150,000 | $503.16 | 5/4,0,1,0 | 4273/A | 2005/ASR | 6,594 | 1/15/2019 |
815 | California ST | $2,180,000 | $605.89 | 4/2,1,0,0 | 3598/A | 1951/ASR | 9,711 | 4/5/2019 |
618 | Lomita ST | $2,495,000 | $463.07 | 4/3,2,1,0 | 5388/AP | 1943/ASR | 6,420 | 5/6/2019 |
752 | Bungalow DR | $2,210,000 | $561.20 | 4/4,0,1,0 | 3938/A | 2002/ASR | 6,591 | 5/15/2019 |
513 W | Mariposa AVE | $2,000,000 | $594.00 | 4/1,2,0,0 | 3367/A | 2001/ASR | 5,004 | 6/28/2019 |
719 | Maryland ST | $2,550,000 | $772.73 | 5/1,2,0,1 | 3300/B | 1942/PUB | 6,481 | 8/27/2019 |
1510 E | Oak AVE | $2,275,000 | $595.24 | 5/5,0,1,0 | 3822/A | 2012/BLD | 6,582 | 10/3/2019 |
414 W | Oak AVE | $2,510,000 | $669.33 | 6/4,0,0,0 | 3750/B | 2019/BLD | 8,233 | 11/13/2019 |
506 | Sheldon ST | $2,060,000 | $761.55 | 4/4,0,0,0 | 2705/S | 1952/ASR | 6,000 | 11/15/2019 |
712 W | Pine AVE | $2,150,000 | $755.45 | 4/4,2,0,0 | 2846/T | 2009/SLR | 8,036 | 11/22/2019 |
709 E | Pine AVE | $2,509,200 | $721.66 | 5/2,2,1,0 | 3477/B | 2020/BLD | 5,848 | 5/29/2020 |
733 W | Mariposa AVE | $2,480,000 | $834.45 | 4/4,0,0,0 | 2972/A | 2012/SEE | 10,887 | 7/14/2020 |