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Listed by Bill Ruane, DRE #00972400 • Estate Properties
$ 1,995,000
Est. payment /mo
Price Dropped by $100K
1116 E Imperial AVE El Segundo, CA 90245
8,011 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25255631
Year Built 1955
Lot Size 8,011 Sqft
Source California Regional MLS
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.
Location
State CA
County Los Angeles
Area 141 - El Segundo
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 4139011025
Special Listing Condition Not Applicable
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