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906 E Imperial Ave 6 Unit Apartment Building $2,375,000 ($395,833/Unit) 3.41% Cap Rate El Segundo, CA 90245



INVESTMENT HIGHLIGHTS
- Prime well maintained 6 unit bldg
- Excellent South Bay Location
- Great unit mix
EXECUTIVE SUMMARY
Prime and well maintained 6-Unit apartment building in El Segundo, one of the South Bay’s most sought-after rental markets. This asset features an ideal unit mix of two spacious 2-bedroom/1-bath units and four well-appointed 1-bedroom/1-bath units. One of the 1+1 units has been fully remodeled and will be delivered vacant. The building is individually metered for gas and electricity and features on-site laundry with two washers and two dryers which are owned outright and equipped with an app-based, coinless payment system. Adding to the property’s long-term potential are three 2-car garages (totaling 6 parking spaces) that are currently unused and well-positioned for ADU conversion. El Segundo is a vibrant, coastal enclave in the South Bay of Los Angeles, known for its strong community feel, highly rated public schools, and proximity to major employment hubs. Just minutes from LAX, Silicon Beach, and Playa Vista, El Segundo is home to a growing number of Fortune 500 companies, tech firms, aerospace leaders, and creative studios. 906 E Imperial offers unmatched commuter convenience with quick access to the 105 and 405 freeways, as well as close proximity to the beach, retail, parks, and popular dining spots along Main Street. Its strategic location ensures strong tenant demand and long-term appreciation in a market with high barriers to entry and limited multifamily supply. Property subject to statewide rent control but no local rent control ordinances.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$144,987
|
$31.36
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,264
|
$0.92
|
| Effective Gross Income |
$140,723
|
$30.43
|
| Taxes |
$25,800
|
$5.58
|
| Operating Expenses |
$33,990
|
$7.35
|
| Total Expenses |
$59,790
|
$12.93
|
| Net Operating Income |
$80,933
|
$17.50
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $144,987 |
| Annual Per SF | $31.36 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $4,264 |
| Annual Per SF | $0.92 |
| Effective Gross Income | |
|---|---|
| Annual | $140,723 |
| Annual Per SF | $30.43 |
| Taxes | |
|---|---|
| Annual | $25,800 |
| Annual Per SF | $5.58 |
| Operating Expenses | |
|---|---|
| Annual | $33,990 |
| Annual Per SF | $7.35 |
| Total Expenses | |
|---|---|
| Annual | $59,790 |
| Annual Per SF | $12.93 |
| Net Operating Income | |
|---|---|
| Annual | $80,933 |
| Annual Per SF | $17.50 |
PROPERTY FACTS
| Price | $2,375,000 | Apartment Style | Low-Rise |
| Price Per Unit | $395,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 3.41% | Building Size | 4,624 SF |
| Gross Rent Multiplier | 16.38 | Average Occupancy | 95% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | Parking Ratio | 1.3/1,000 SF |
| Zoning | R3, El Segundo - ESR3YY | ||
| Price | $2,375,000 |
| Price Per Unit | $395,833 |
| Sale Type | Investment |
| Cap Rate | 3.41% |
| Gross Rent Multiplier | 16.38 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,624 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | R3, El Segundo - ESR3YY |
AMENITIES
UNIT AMENITIES
- Heating
- Hardwood Floors
SITE AMENITIES
- Laundry Facilities
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,867 | 731 - 750 |
| 2+1 | 2 | $2,196 | 825 - 850 |
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PROPERTY TAXES
| Parcel Number | 4133-032-031 | Total Assessment | $2,292,209 |
| Land Assessment | $1,591,812 | Annual Taxes | $25,800 ($5.58/SF) |
| Improvements Assessment | $700,397 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
4133-032-031
Land Assessment
$1,591,812
Improvements Assessment
$700,397
Total Assessment
$2,292,209
Annual Taxes
$25,800 ($5.58/SF)
Tax Year
2025
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