$2,099,995
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.
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Listed by Michael Brooks with Keller Williams Realty (714) 584-2700
Property Type
Apartment
Status
Active
MLS Number
OC26048481
Year Built
1955
Lot Size
6,181 sq ft