Listing Courtesy of Brent Sprenkle with Berkadia
  • 0 / 0
  • 65
  • 1912
  • 5,724
Under Contract Status Apartment Building
Check Drive Time
See how long it takes to get to work. Change

The 2TwentyOne is a hotel/apartment building situated three blocks from downtown El Segundo. The city recognizes the property as a 31-room hotel, however, currently it is operated as a hybrid between an apartment building and a hotel, where 34 rooms are available nightly, weekly or monthly, depending on not only the needs of the clientele but also the seasonal demand. Considered to be one of the lowest costs apartment buildings or hotels anywhere in the area, the property is of high demand and enjoys a very high occupancy rate. Please note that all rooms utilize shared bathrooms that are available on each floor and the property is considered an SRO (single room occupancy). There are a variety of uses that a new owner could explore to optimize the highest income to expense ratio including:100% nightly rentals-Pure hotel operation100% monthly rentals-Pure apartment operationWeekly rentals could be considered. Hybrid operation-rent units nightly or monthly

Address: 221 CONCORD ST
State: CA
City: El Segundo
County: Los Angeles
Zip Code: 90245
MLS#: 19434096
MLS Area: El Segundo (141)

Price History

Date Price Event Change MLS#:
2/13/2019 $4,495,000 List Price 19434096

Nearby Schools

Richmond Street Elementary School(K-5)5
St Anthony School(Preschool-8)
Waterhouse Guild(K-12)
Center Street Elementary(K-5)
Montessori School Of Manhattan Beach #2(Preschool-K)
Grand View Elementary School(K-5)
El Segundo Middle School(6-8)3
St Anthony School(Preschool-8)
Waterhouse Guild(K-12)
El Segundo High School(9-12)3
Arena High (Continuation) School(9-12)4
Waterhouse Guild(K-12)
Rise High(9-12)

Interior Details

  • Appliances:
  • Features:Other
  • Furnished:
  • Floor Type:
  • Cooling:Air Conditioning
  • Heating:Other
  • Other Rooms:

Exterior Details

  • Home Construction
  • Features:
  • Exposure:
  • Roof Type:
  • Garage Spaces:
  • Pool:No
  • Utilities:
  • Lot Description:
  • Parking:Uncovered

Community Details

  • HOA:N $0/mo
    Fees Include:
  • Misc:Standard Sale

Rental Information

  • Rental Income:$0
  • Rental Number:0

Associated Agents

  • Listing Agent:Berkadia - Brent Sprenkle, CalBRE# 01290116

Similar Properties

Property Information Last Updated: 4/20/2019 2:48:08 PM
Listing Courtesy of Brent Sprenkle with Berkadia

Based on information from CARETS as of 4/20/2019 2:48:08 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.