Jill Smith Acquires Multifamily Property In El Segundo For $3.95M

Located at 526 Illinois St. in El Segundo, this multifamily property was recently sold in a closed transaction. The property consists of 6 units, offering a total of 7,635 square feet of living space. The sale price for this transaction was $3,950,000, resulting in a price per unit of $658,333 and a price per square foot of $517.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,950,000
• Address: 526 Illinois St.
• Market: El Segundo
• Units: 6
• PPU: $658,333
• SF: 7,635
• PPSF: $517

The buyer in this transaction was Jill Smith, while the seller was Chee Tao Tsui. Representing the buyer were Nancy Bush and Mike McKinney from Lyon Stahl. On the seller's side, Jake Glaser, John Boyett, and Daniel Withers from Matthews Real Estate Investment Services acted as the seller's representatives.