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$1,995,000

FOR SALE
Active

1116 E Imperial Avenue

El Segundo, CA

MLS# SB25255631

Mixed Use
25 days on marketNalren refreshed

Listing Agent

Bill Ruane

Listing Agent

Estate Properties

DRE #: 00972400

(310) 877-2374

Brokerage: Estate Properties

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1955

Year Built

8,011 sqft

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Mixed Use

Property Type

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. This property is perfect for an exchange buyer or someone who wants a low maintenance building with a great ADU play. Call for more details.

Facts & Features

Interior

Laundry Features
See Remarks

Exterior

Private Pool
No
Lot Features
0–1 Acre Lot

Building

Year Built
1955
Building Area Total
4,459
Stories Total
2

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Total
0

Sale history for 1116 E Imperial Avenue

  • Sold $2,100,000 in December 2020 · MLS #SB20195950 · Source: CRMLS

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