1116 E Imperial Avenue, El Segundo, CA 90245

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List Price
$1,995,000
Price Change
▼ $100,000 1792197555
Status
ACTIVE
MLS#
SB25255631
Year Built
1955
Lot Size
8,011
Acres
0.18
Lot Location
0-1 Unit/Acre
Days on Market
343
Property Type
Multifamily
Property Sub Type
Mixed Use

Property Description

Rare opportunity to own one of the lowest-priced multifamily properties in El Segundo. 1116 E Imperial is a well-maintained six-unit apartment building in one of the South Bay’s most sought-after areas. The property features a total of six units, including two two-bedroom, one-bath units and four one-bedroom, one-bath units, each thoughtfully updated for modern living. The building also offers six covered parking spaces and separately metered gas and electricity. With significant potential for increased rental income and the possibility of adding accessory dwelling units (ADUs), this property presents an attractive long-term investment opportunity. No city rent control. Adding to the appeal, two adjacent buildings (1112 & 1200 E Imperial) with the same six-unit layout are also available for sale, creating a rare opportunity to purchase one, two, or all three properties together. Ideally located near major employers, beaches, LAX, public transportation, and El Segundo’s vibrant dining, shopping, and entertainment destinations, including The Point. Whether acquired individually or as a portfolio, this is an exceptional investment opportunity in a highly desirable South Bay location. Call for more details.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$156,252
Operating Expense
48811

Listing courtesy of Listing Agent: Bill Ruane (bill@billruane.net) from Listing Office: Estate Properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.