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906 E Imperial, El Segundo, CA 90245

  • $2,099,995

  • bed

  • bath

Multi-family for sale 135 days
$95K price drop
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About 906 E Imperial

Property type Multi-family
Neighborhood
Year built 1955
HOA fee $0/month
Lot size 6,179 Sqft
Movoto estimate
Parking 6 garage spaces
Rental estimate
Property description
906 E Imperial Avenue presents a rare opportunity to acquire a well-maintained 6-unit apartment building at the lowest price per door in El Segundo, one of the South Bay’s most desirable and supply-constrained rental markets. The property features an attractive unit mix of two spacious 2-bedroom/1-bath units and four 1-bedroom/1-bath units, catering to strong renter demand in this high-income coastal community. The building is individually metered for gas and electricity and includes on-site laundry with two washers and two dryers that are owned outright and operate on a modern app-based, coinless payment system, providing an additional income stream. Further enhancing the property’s long-term potential are three two-car garages (six total parking spaces) that are currently unused and offer future ADU conversion potential (buyer to verify) — creating an opportunity for additional rental income and increased property value. Located in the highly sought-after El Segundo submarket of Los Angeles, the property benefits from exceptional 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, as well as the beach, parks, retail, and the vibrant dining and shopping corridor along Main Street in downtown El Segundo. With its prime South Bay location, strong rental fundamentals, and clear value-add potential, 906 E Imperial represents a compelling opportunity for investors seeking stable income and long-term appreciation in one of Southern California’s most resilient coastal rental markets.
Listed by
Listing Agent - Michael Brooks
Listing Agent Contact: 657-837-6004
Listing Office - Keller Williams Realty
Source: CRMLS mls logo
MLS#OC26048481 • last updated 2 months ago
Movoto checked CRMLS for data 4 minutes ago
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Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.1419
Lot Size (SqFt) 6179
Year Built 1955
Interior
Laundry Common Area
Appliances Refrigerator, Gas Range
Exterior
Building Area Square Feet, 4624
Parking Garage
# Parking Spaces 6
# Garage Spaces 6
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Sidewalks
Directions From Imperial, South On Main St, East On E Imperial.
APN 4133032031
Multifamily Details
Expense: Trash 1259
Operating Expense 61803
Cap Rate 4.32
Expense: Insurance 9089
Total Expenses 61803
Expense: Maintenance 10524
Expense: Water/ Sewer 1901
Gross Income 157140
Gross Operating Income 157140
Expense: Electric 228
Gross Multiplier 13.36
Gross Scheduled Income 157140
Expense: Fuel 922
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  • Real Estate
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  • El Segundo
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  • 906 E Imperial

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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