Should I sell my El Segundo house as-is or fix it up first?

Make the inexpensive, visible repairs an inspector would flag, and skip the big projects. Sell as-is when the work would cost more, or take longer, than it would add.

El Segundo is a mix of older and newer homes. In our sample, one of two were built in 1980 or earlier, so an older house competes with newer ones and its condition shows. Older homes there hold more of their value against new construction than the California median, 32.4 percent against 29.5 percent.

More in Should I Sell My House As-Is or Fix It Up First?

What does it cost to sell a house in El Segundo?

Commission first, then transfer taxes, title and closing fees, and the repairs or credits a buyer asks for after inspection. Address District charges no commission.

On federal taxes, the IRS says an owner who owned and lived in the house as a main home for two of the five years before the sale may exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

What are the benefits of selling my El Segundo house off-market?

Discretion, no preparation and control of the calendar.

  • No listing. Your home never goes on the MLS or the listing sites, and there are no open houses or showings to strangers.
  • Sell it as it is. No repairs, staging or deep cleaning before you sell.
  • Your timeline. Choose the closing date that works for you, whether that is a few weeks out or a few months.
  • One buyer, one conversation. You deal directly with the buyer, not a string of showings, counteroffers and second rounds.

The trade-off is exposure. A listing puts the house in front of every buyer in the market, and competition can push the price up. Should I Sell My House Off-Market? weighs both.

Is now a good time to sell my house in El Segundo?

Usually when the sale fits your life rather than the headlines. Your next move, your finances and the state of the house matter more than the month.

The El Segundo numbers worth watching are time to contract, price cuts and what similar homes closed at, all of which a local agent or the public sale records can supply.

More in How Do I Know When It’s Time to Sell My House?

How fast can I sell my house in El Segundo?

Off-market, on the date you choose, whether that is a few weeks out or a few months, once the title work and the documents California requires are done.

A listed sale usually takes longer, because the house has to be prepared, shown and negotiated, and the buyer’s inspection, appraisal and loan approval can still undo the deal late in the process.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

How does selling my El Segundo house off-market work?

In four steps, with no listing and no showings.

  1. Send us the address and a few details through the offer form, or get in touch.
  2. A person on our team looks at the house and recent sales nearby, and may ask for a walk-through.
  3. We send a written offer. You are under no obligation to accept it.
  4. If you do, the closing is handled by a title company or closing attorney, on your date.

Before you sign anything, we tell you in writing who the buyer is.

What if my El Segundo house isn’t selling?

Usually the price, sometimes the condition, occasionally the marketing. The showing count tells you which.

Before you talk to another buyer, read your listing agreement. Most owe the agent a commission on any sale during the term. More in Why Isn’t My House Selling?

How do I sell an inherited house in El Segundo?

Start with who has the authority to sign, usually the personal representative the probate court appoints, or a trustee. A title company will generally not close until that is documented.

Inherited property generally takes a basis equal to its value on the date of death, the IRS says, which can shrink the taxable gain. A probate attorney in California can explain the rest. More in How Do I Sell a House I Inherited?

How does El Segundo compare with nearby neighborhoods?

Manhattan Beach, 2 miles away, shows 10 older homes among the 31 we sampled. Hermosa Beach, 4 miles away, has two older homes among the six we sampled. Redondo Beach, 4 miles away, counts one older home among the seven we sampled. El Segundo ranks tied for 762nd nationally for older homes, behind three of them.

Every neighborhood in the index has its own page, and the California page lists all 177 in the state.

Do older homes in El Segundo sell for less than new construction?

In our sample, yes. The one older home in the 90245 sample sold for 32.4 percent of the average price of new construction in the same ZIP code. The California median is 29.5 percent, and the index median is 23.1 percent. With one older home behind it, treat the figure as a rough guide.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

El Segundo by the numbers

Older homes
1
of 2 homes sampled, built 1980 or earlier
Share of older homes
50.0%
California 39.9%. Index 49.0%.
Older vs new
32.4%
Older home price as a share of new construction
National rank
#762 (tie)
of 1,192 ZIP codes
State rank
#108
of 177 in California
Minimum lot
3,502 sq ft
As recorded in the source data

Of the two homes in the Address District sample for El Segundo (90245), one was built in 1980 or earlier, a share of 50.0 percent. That places 90245 tied for 762nd of 1,192 ZIP codes nationally for the number of older homes, and tied for 108th of 177 in California.

Across the 177 California ZIP codes in the index, 39.9 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

With two homes in the sample, read these figures as a snapshot of the homes sampled rather than a measure of the whole ZIP code.

How 90245 compares

Share of older homes

Homes in the sample built in 1980 or earlier

90245 El Segundo50.0%
California39.9%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

90245 El Segundo32.4%
California median29.5%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
90266Manhattan BeachManhattan Beach, CA2 mi7132.3%
90254Hermosa BeachLos Angeles County, CA4 mi45133.3%
90278Redondo BeachLos Angeles County, CA4 mi65914.3%
90230Culver CityLos Angeles County, CA5 mi51166.7%
90066Mar VistaLos Angeles, CA6 mi14019.4%
90291VeniceLos Angeles County, CA6 mi65111.1%
90277Redondo BeachLos Angeles County, CA7 mi16885.7%
90008Baldwin Hills / Leimert ParkLos Angeles, CA7 mi883100.0%

The top of California

State rankZIPPlaceHomesOlder homesShare
196161TruckeeNevada County, CA403792.5%
295404Santa RosaSonoma County, CA181688.9%
390266Manhattan BeachManhattan Beach, CA311032.3%
492253La QuintaRiverside County, CA12975.0%
590049BrentwoodLos Angeles, CA17847.1%
691604Studio CityLos Angeles County, CA23730.4%
794025Menlo ParkSan Mateo County, CA33618.2%
890066Mar VistaLos Angeles, CA31619.4%
994010BurlingameSan Mateo County, CA17635.3%
1092660Eastbluff / Dover Shores / Newport CenterNewport Beach, CA16637.5%

All 177 California ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.