508 W Imperial Ave El Segundo, CA 90245
El Segundo AreaEstimated payment $18,633/month
Highlights
- Bike Trail
- Manzanita School Rated A
- Laundry Facilities
About This Home
508 W Imperial Ave is an 11-unit apartment building located in the highly desirable El Segundo submarket, available for purchase for the first time in approximately 40 years. Built in 1974, the property features an attractive unit mix of four 1-bedroom/1-bath units and seven studio units totaling approximately 5,322 square feet on an 11,171 square foot lot. Offered at $3,200,000, the asset represents an attractive basis of approximately $290,909 per unit, well below the average cost per unit for multifamily properties sold in El Segundo over the last 12 months.
The property offers a strong value-add component with approximately 30% remaining rental upside and a projected market CAP rate of 6.34%. New ownership has the opportunity to capture additional income through interior renovations and potentially convert the existing garages into attached ADUs through California’s favorable Accessory Dwelling Unit program (buyer to verify).
Ideally situated in a desirable, relatively low-density pocket of El Segundo, 508 W Imperial Ave is within a 10-minute drive of approximately 20 million square feet of office space and benefits from convenient access to major employment hubs, LAX, the beach, Downtown El Segundo, dining, retail, and transportation corridors.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 3107801899 License #01717818 Listed on: 08/25/2026
Co-Listing Agent
Lyon Stahl Investment Real Est Brokerage Phone: 3107801899 License #01399621
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1974
Lot Details
- 11,171 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 5,322 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 11 Full Bathrooms
Parking
- 12 Parking Spaces
- 12 Carport Spaces
Listing and Financial Details
- Legal Lot and Block 4 / 106
- Tax Tract Number 1
- Assessor Parcel Number 4132001015
- $1,311 per year additional tax assessments
Community Details
Recreation
- Bike Trail
Building Details
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,080
- Insurance Expense $7,983
- Maintenance Expense $9,448
- Other Expense $14,900
- Professional Management Expense $11,810
- New Taxes Expense $39,134
- Operating Expense $84,355
- Gross Income $219,676
- Net Operating Income $144,751
Additional Features
- 11 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $5,162 | $349,799 | $107,253 | $242,546 |
| 2025 | $5,162 | $342,941 | $105,150 | $237,791 |
| 2024 | $4,969 | $336,218 | $103,089 | $233,129 |
| 2023 | $4,872 | $329,626 | $101,068 | $228,558 |
| 2022 | $4,912 | $323,164 | $99,087 | $224,077 |
| 2021 | $4,886 | $316,829 | $97,145 | $219,684 |
| 2019 | $4,754 | $311,633 | $94,264 | $217,369 |
| 2018 | $4,326 | $305,606 | $92,416 | $213,190 |
| 2016 | $4,113 | $289,704 | $88,828 | $200,876 |
| 2015 | $4,073 | $285,353 | $87,494 | $197,859 |
| 2014 | $4,083 | $279,765 | $85,781 | $193,984 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/28/2026 09/28/26 | Price Changed | $3,200,000 | -5.9% | $601 / Sq Ft |
| 08/25/2026 08/25/26 | For Sale | $3,400,000 | -- | $639 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26186613
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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