906 E Imperial Ave - Apartments FOR SALE


El Segundo, CA 90245
$2,225,000 USD
310-801-7953
906 E Imperial Ave, El Segundo, CA for Sale
$2,225,000 USD
Apartments - FOR SALE
1/32
null | 4.18% Cap Rate

906 E Imperial Ave
El Segundo, CA 90245


HIGHLIGHTS

  • Lowest cost/foot and cost per door in El Segundo!
  • Great, well maintained 6 unit apartment building

OVERVIEW

906 E Imperial Avenue presents a rare opportunity to acquire a well-maintained 6-unit apartment building offered at the lowest price per unit and price per square foot currently available in El Segundo. The property features an attractive unit mix of two 2-bedroom/1-bath units and four 1-bedroom/1-bath units. Two of the one-bedroom units will be delivered vacant, including one that has been fully remodeled, providing immediate lease-up and income upside. The building is individually metered for gas and electricity and includes on-site laundry with two app-based, coinless machines. The property also offers three two-car garages (six spaces) that may present future ADU conversion potential (buyer to verify). Located in the highly sought-after El Segundo submarket of Los Angeles, the property benefits from strong tenant demand driven by proximity to LAX, Silicon Beach, Playa Vista, and major aerospace and technology employers. Residents enjoy convenient access to the 105 and 405 freeways, the beach, parks, and the popular Main Street dining and retail corridor. This prime South Bay location supports stable occupancy and long-term appreciation in a high-barrier coastal rental market.

FOR SALE DETAILS

PRICE

$2,225,000 USD

PRICE/SF

$481 USD /SF

# OF UNITS

6

PRICE/UNIT

$370,833

CAP RATE

4.18%

% 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

6,098 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.