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$1,499,900

Seize a rare opportunity to build a custom home in El Segundo, one of the South Bay’s most sought-after beach communities. Located on a desirable, sun-filled street, this residential lot is offered with fully approved architectural plans for a contemporary single-family residence—allowing the next owner to bypass much of the lengthy design and approval process and move closer to construction. The thoughtfully designed home features five bedrooms and five bathrooms, an open-concept floor plan, a spacious great room ideal for entertaining, and a gourmet kitchen with an adjoining dining area. A covered California room creates seamless indoor-outdoor living, while expansive front and rear terraces provide inviting spaces to relax, entertain, and enjoy the coastal breeze. Additional highlights include a two-car garage, generous driveway, and a custom dog-washing station for active beach-loving pets. Opportunities to build new in this tightly held neighborhood are exceptionally scarce. Enjoy El Segundo’s distinctive small-town atmosphere and convenient big-city access, along with award-winning public schools, beautiful parks, and a vibrant, walkable Main Street offering boutique shopping, local breweries, and popular dining. The lot is also conveniently located near the beach and the headquarters and training facilities of several major professional sports organizations. Bring the approved plans to life and create an exceptional coastal home in one of Southern California’s most desirable communities.

OC26192131 MLS

721 Bayonne, El Segundo

Listing courtesy of Listing Agent: Henry Martinez (henrydmarti@sbcglobal.net) from Listing Office: West Shores Realty, Inc..

$5,000,000

Spanning 22,133 SF, this versatile lot is strategically zoned ESC2VV, offering a rare development or owner-user foothold in one of the region's most sought-after and high-growth markets. The surrounding area is characterized by a stable mix of low-to-mid density residential housing and light commercial businesses, creating a fully built-out environment with high natural demand and limited competition. This lot offers premium visibility and a versatile range of potential uses that cater to both neighborhood needs and commercial interests. The strategic corner positioning ensures maximum visibility, while the functional advantage of established driveways on both street frontages provides superior access and logistics compared to mid-block parcels. This represents a unique opportunity to secure a versatile asset within a supply-restricted market, offering both long-term stability and strong prospects for capital growth. Historically recognized as the "Aerospace Capital of the World," El Segundo has evolved into a premier destination for Fortune 500 companies, creative tech disruptors, and high-profile sports franchises. The property is ideally positioned to benefit from the city's business-friendly environment and its proximity to the vibrant Smoky Hollow district and the boutique retail and dining along Main Street. Strategically located with immediate access to LAX and the 105 and 405 freeways, 500E. Imperial Ave. provides an unmatched connection to the greater Los Angeles basin while remaining just minutes from the affluent South Bay beach communities. This is a rare chance to capitalize on the sustained economic momentum of one of Southern California's most resilient and sought-after submarkets.

26645503 MLS

500 E Imperial Avenue, El Segundo

Listing courtesy of Listing Agent: Adam Peterson (adam.peterson@cbre.com) from Listing Office: CB Richard Ellis, Inc..