906 E Imperial Ave - Apartments FOR SALE


El Segundo, CA 90245
$2,375,000 USD
310-801-7953
906 E Imperial Ave, El Segundo, CA for Sale
$2,375,000 USD
Apartments - FOR SALE
1/32
null | 3.41% Cap Rate

906 E Imperial Ave
El Segundo, CA 90245


HIGHLIGHTS

  • Prime well maintained 6 unit bldg
  • Great unit mix
  • Excellent South Bay Location

OVERVIEW

Prime and well maintained 6-Unit apartment building in El Segundo, one of the South Bay’s most sought-after rental markets. This asset features an ideal unit mix of two spacious 2-bedroom/1-bath units and four well-appointed 1-bedroom/1-bath units. One of the 1+1 units has been fully remodeled and will be delivered vacant. The building is individually metered for gas and electricity and features on-site laundry with two washers and two dryers which are owned outright and equipped with an app-based, coinless payment system. Adding to the property’s long-term potential are three 2-car garages (totaling 6 parking spaces) that are currently unused and well-positioned for ADU conversion. El Segundo is a vibrant, coastal enclave in the South Bay of Los Angeles, known for its strong community feel, highly rated public schools, and proximity to major employment hubs. Just minutes from LAX, Silicon Beach, and Playa Vista, El Segundo is home to a growing number of Fortune 500 companies, tech firms, aerospace leaders, and creative studios. 906 E Imperial offers unmatched commuter convenience with quick access to the 105 and 405 freeways, as well as close proximity to the beach, retail, parks, and popular dining spots along Main Street. Its strategic location ensures strong tenant demand and long-term appreciation in a market with high barriers to entry and limited multifamily supply. Property subject to statewide rent control but no local rent control ordinances.

FOR SALE DETAILS

PRICE

$2,375,000 USD

PRICE/SF

$514 USD /SF

# OF UNITS

6

PRICE/UNIT

$395,833

CAP RATE

3.41%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,177 SF

ZONING

R3, El Segundo

APN/PARCEL ID

4133-032-031

ASK ABOUT THIS PROPERTY

Mike BrooksKeller Williams RealtyMore Info
310-801-7953

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Mike BrooksKeller Williams RealtyMore Info
310-801-7953

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.