1116 E Imperial Avenue, El Segundo, California 90245, El Segundo, 90245 - 0 bed, 0 bath
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El Segundo, California 90245
This Multifamily Value-Add Asset is listed at $2,250,000, reflecting the stability of the El Segundo market relative to its $2,176,427 Fair Market Value. With a Fair Condition Rating, the 1955-built six-unit building offers significant upside through modernization and the potential for Accessory Dwelling Units (ADUs). The property features separately metered utilities and proximity to Top-Rated Schools, including El Segundo High (10/10). This is a strategic, long-term acquisition ideal for Buy-and-Hold Investors or Portfolio Managers seeking a high-demand coastal asset with forced appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1116 E Imperial Avenue Subject | $2,250,000* List Price | 0 | 0 | 4,459 | $488 | - |
A 1112 E Imperial Avenue Active | $2,250,000 List Price | 0 | 0 | 4,459 | $505 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this multi-unit property is 69 years old. While the exterior appears maintained, the listing's property analysis explicitly notes 'potential for deferred maintenance' and the need for 'system upgrades, modernization.' There is no indication of recent extensive renovations. Without interior photos, a detailed assessment of kitchens and bathrooms is impossible, but given the age and the stated need for modernization, these areas are highly likely to be outdated and require significant updates to meet current tenant expectations and maximize rental income. The property is functional but shows clear signs of age and deferred maintenance, aligning with the 'Fair' condition criteria.
Elementary School: Center Street Elementary (9/10). High School: El Segundo High School (10/10).
Located in highly sought-after El Segundo, offering proximity to major employers, LAX, beaches, and vibrant dining/shopping options like The Point.
A six-unit building (two 2-bedroom, four 1-bedroom units) providing immediate rental income and portfolio diversification.
Built in 1955, the property may require substantial capital expenditures for system upgrades, modernization, or addressing deferred maintenance.
The listing description does not provide specific financial information such as current rental income, operating expenses, or cap rate, which are essential for investor due diligence.
As a multifamily property in California, it is likely subject to statewide rent control (AB 1482), potentially limiting the scope of future rent increases and impacting investment returns.
A rare opportunity to purchase a Portfolio of multifamily Investment Properties. Two adjacent six-unit buildings ( 1112 & 1116 E. Imperial Ave.$2,250,000 each) each building consisting of Two-2 bedroom and Four-1 bedroom units. These buildings may be purchased separately. There are six covered parking spaces, separately metered gas and electricity, in a prime location near major employers, beaches, LAX, and public transportation. There is also significant potential for increased rental income and the possibility of adding accessory dwelling units (ADUs), presenting long-term investment opportunities. Located near El Segundo’s vibrant dining, shopping, and entertainment options—including The Point—this is a rare opportunity in one of the South Bay’s most sought-after areas. Call for more details.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1955 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Nov 6, 2025
$2,250,000
Initial Listing
Dec 23, 2020
$4,200,000
Public Record