426 E Imperial Avenue, El Segundo, California 90245, El Segundo, 90245 - bed, bath
ACTIVE$3,500,000$5,942/sqft
426 E Imperial Avenue, El Segundo, California 90245
0Bed
0Bath
5,942Sqft
5,417Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Location: Highly sought-after El Segundo location, offering proximity to top-rated schools, vibrant shopping, dining, and beautiful beaches, ensuring strong tenant demand.
Top Cons:
Age of Building Systems: Built in 1984, the property's core systems (e.g., plumbing, electrical, HVAC) may be original or nearing end-of-life, potentially requiring significant capital expenditures in the near future.
Compared to the nearby listings
Price:$3.50M vs avg $3.22M (+$282,500)50%
Size:5,942 sqft vs avg 5,611 sqft50%
Price/sqft:$589 vs avg $57250%
More Insights
Built in 1984 (42 years old).
Condition: Built in 1984, this 40-year-old property shows signs of being well-maintained externally, and some units appear to have received minor updates like wood-look flooring and mini-split ACs. However, the primary kitchen and bathroom shown feature significantly outdated elements such as tile countertops, dark wood cabinetry, and older fixtures, which contradict the description's claim of 'modern finishes' throughout. The living room also has aged carpet and dated track lighting. While functional, these key areas require substantial updates to meet current standards, aligning with the 'Fair' condition criteria for a property of its age with no major recent renovations in critical areas.
Year Built
1984
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$589
HOA
-
Days on market
-
Sold On
-
MLS number
SB25161420
Home ConditionFair
Features
Good View:
Deck
View
About this home
Located in the highly sought-after El Segundo, this 5-unit building at 426 E Imperial offers an excellent investment opportunity. The property features a spacious owner’s unit with 3 bedrooms, 2.5 bathrooms, and stylish, open-concept living areas. In addition to the owner’s unit, the building includes three 2-bedroom, 2-bathroom apartments, each designed with comfort and functionality in mind, along with a cozy studio apartment for added versatility. All units are thoughtfully designed with modern finishes, and the building offers ample parking, on-site laundry, and a low-maintenance exterior. With its prime location near El Segundo’s top-rated schools, vibrant shopping, dining, and beautiful beaches, this property is the perfect blend of investment potential and location.
B
Bill Ruane
Listing Agent
Nearby schools
9/10
Center Street Elementary
Public,•K-5•0.5mi
9/10
Richmond Street Elementary School
Public,•K-5•0.6mi
8/10
El Segundo Middle School
Public,•6-8•0.8mi
10/10
El Segundo High School
Public,•9-12•0.5mi
Condition Rating
Fair
Built in 1984, this 40-year-old property shows signs of being well-maintained externally, and some units appear to have received minor updates like wood-look flooring and mini-split ACs. However, the primary kitchen and bathroom shown feature significantly outdated elements such as tile countertops, dark wood cabinetry, and older fixtures, which contradict the description's claim of 'modern finishes' throughout. The living room also has aged carpet and dated track lighting. While functional, these key areas require substantial updates to meet current standards, aligning with the 'Fair' condition criteria for a property of its age with no major recent renovations in critical areas.
Pros & Cons
Pros
Exceptional Location: Highly sought-after El Segundo location, offering proximity to top-rated schools, vibrant shopping, dining, and beautiful beaches, ensuring strong tenant demand.
Robust Investment Opportunity: A 5-unit multi-family building presenting an excellent investment opportunity with diverse income streams.
Versatile Unit Mix: Features a desirable mix of units, including a spacious 3-bed owner's unit, three 2-bed units, and a studio, appealing to a broad tenant base and offering owner-occupancy potential.
Desirable On-Site Amenities: Includes ample parking and convenient on-site laundry facilities, enhancing tenant appeal and property functionality.
Modernized Interiors & Low Maintenance: Units boast modern finishes, and the building features a low-maintenance exterior, reducing ongoing operational costs.
Cons
Age of Building Systems: Built in 1984, the property's core systems (e.g., plumbing, electrical, HVAC) may be original or nearing end-of-life, potentially requiring significant capital expenditures in the near future.
Absence of Financial Performance Data: The listing lacks specific financial details such as current rent rolls, occupancy rates, or operating expenses, which are critical for a comprehensive investment analysis.
General 'Modern Finishes' Description: While units are described with 'modern finishes,' the lack of specific renovation dates or detailed interior condition reports could imply varying levels of updates or potential for further upgrades.