137 Arena ST, El Segundo, CA 90245
137 Arena ST, El Segundo, CA 90245
137 Arena ST, El Segundo, CA 90245
137 Arena ST, El Segundo, CA 90245
137 Arena ST, El Segundo, CA 90245
137 Arena ST, El Segundo, CA 90245
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Scott Greenspan

Scott Greenspan

Greenspan Realty

+1(310) 936-7270
$ 1,926,500
Est. payment | /mo
Save
$ 1,926,500
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-26401

HOA Y/N No

Year Built 1949

Property Sub-Type Office

Property Description

A rare chance to acquire a freestanding multi-unit commercial building in the heart of El Segundo's most actively evolving submarket -- the Smoky Hollow West Specific Plan (SH-W). Situated on a 5,724 SF parcel at 137 Arena Street, this 1,840 SF property offers immediate owner-user utility today and meaningful redevelopment optionality on a 3-5 year horizon. SH-W permitted uses include creative office, R&D, light flex, and a range of commercial and studio applications -- making this an ideal fit for design firms, tech-adjacent tenants, production studios, and entrepreneurial owner-operators seeking a foothold in one of the South Bay's most supply-constrained districts. The building comprises three independently configured suites, each with a private full bathroom and kitchenette, well-suited for boutique multi-tenant occupancy or single-user creative operations. Interiors feature white walls, hardwood floors, and abundant natural light from multiple window exposures. The property includes five surface parking spaces plus a two-car garage with an overhead door -- a meaningful amenity in a walkable urban corridor. Exterior improvements include ramp access and landscaped surroundings. For the land-forward buyer: The SH-W parcel represents a compelling redevelopment basis in a submarket with demonstrated absorption of new creative and flex product. Allowable FAR, height limits, setback requirements, and parking ratios under the Specific Plan are available upon request. Permitted use confirmation from the El Segundo Planning Department is in process and will be provided in the due diligence package.

Location

State CA

County Other

Area Es - East South Sfv

Interior

Heating Central

Cooling Wall/Window Unit(s)

Fireplace No

Laundry None

Exterior

Fence Block, Wood, Wrought Iron

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Common Roof

Present Use Multi-Family

Total Parking Spaces 5

Building

Lot Description Front Yard, Landscaped, Level, Sprinkler System

Dwelling Type Multi Family,Office

Story 2

Water Public

Others

Tax ID 4135009017

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Probate Listing

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Mark MacFarlane Vimvi California mark@vimvi.com, DRE #01795440

Nearby Locations

Greenspan Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

 

Scott Greenspan

Broker Owner

+1(310) 363-0606

info@greenspanrealty.net

Rancho Palos Verdes, CA, 90275, USA

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137 Arena ST