
El Segundo, California 90245
Following a price reduction, this Strategic Multi-Unit Asset is priced at $2,999,000, aligning with its $2,999,000 Fair Market Value. Featuring a spacious 3-bedroom owner’s unit and four additional rental units, the property holds a Fair Condition Rating with upside through modernization. Residents benefit from an Elite School District, including the 10-rated El Segundo High School and 9-rated Center Street Elementary, alongside distant horizon views. This versatile property is a premier choice for Owner-Occupants seeking a high-end house-hack or Buy-and-Hold Investors targeting a stable coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 426 E Imperial Avenue Subject | $2,999,000* List Price | 0 | 0 | 5,942 | $505 | - |
A 924 Main Street Active | $2,999,000 List Price | 0 | 0 | 5,656 | $530 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this 5-unit property is well-maintained but shows significant signs of its original era. While the listing mentions modern finishes, photographic evidence reveals many original 1980s features including tile countertops with wide grout lines, dark wood cabinetry, popcorn ceilings, and dated drop-ceiling light panels in the kitchens. Some bathrooms have been partially updated with newer vanities, but the overall aesthetic and major systems appear aged rather than extensively renovated. It meets the 'fair' criteria as a functional, 40-year-old building with occasional updates but no recent comprehensive overhaul.
Elementary School: Center Street Elementary (9/10). High School: El Segundo High School (10/10).
The property features a large 3-bedroom, 2.5-bathroom owner's unit, making it an ideal setup for an investor looking to live on-site while generating substantial rental income.
Zoned for top-rated schools including El Segundo High (Rating 10) and Center Street Elementary (Rating 9), which ensures high tenant demand and long-term property value retention.
Situated on E Imperial Avenue, the property may be subject to higher noise levels and traffic volume compared to quieter residential streets in El Segundo.
The building size of 5,942 sqft nearly exceeds the lot size of 5,417 sqft, resulting in minimal outdoor green space or private yard areas for tenants.
Built in 1984, the property is entering a phase where major mechanical systems, roofing, or plumbing may require scheduled maintenance or replacement in the near future.
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.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 0.8 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 | 1984 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jan 11, 2026
$2,999,000
$3,500,000
-14% Price Drop
Initial Listing
Nov 26, 2025
$3,500,000
Initial Listing