$2,249,999
$125K PRICE DROP

906 E Imperial Ave El Segundo, CA 90245

Estimated payment $14,132/month

Total Views 1,438
3 Beds
2 Baths
4,624 Sq Ft
$487 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Heating System Uses Natural Gas
  • Center Street Elementary Rated A+

About This Home

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.

Listing Agent

Mike Brooks

Keller Williams Realty Brokerage Phone: 657-837-6004 License #01830060 Listed on: 10/17/2025

Keller Williams Realty

Co-Listing Agent

Ryan Morehead

B2RE Realty Brokerage Phone: 657-837-6004 License #01374532

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,177 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,624 Sq Ft Home
  • 2-Story Property
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 98
  • Tax Tract Number 15692
  • Assessor Parcel Number 4133032031
  • $879 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Electric Expense $228
  • Fuel Expense $922
  • Gardener Expense $2,100
  • Insurance Expense $9,089
  • Other Expense $44,291
  • Trash Expense $1,259
  • Water Sewer Expense $1,901
  • Operating Expense $59,790
  • Gross Income $2,850
  • Net Operating Income $80,933

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • CapRate: 3.60
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1901.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2100.00
  • Parcel Number: 4133032031
  • Year Built: 1955
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 486.59

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Electric, Natural Gas
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1259.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6177.00
  • Lot Size Acres: 0.1418

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 228.00
  • Fuel Expense: 922.00
  • Gross Income: 2850.00
  • Gross Multiplier: 15.52
  • Gross Scheduled Income: 144987.00
  • Insurance Expense: 9089.00
  • Laundry Income: 2850.00
  • Lot Size Area: 6177.0000 Square Feet
  • Net Operating Income: 80933.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Leased: 5
  • Number Of Units Total: 6
  • Number With Dishwasher: 1
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 59790.00
  • Other Expense: 44291.00
  • Rent Control: No
  • Total Actual Rent: 11845.00
  • Total Expenses: 59790.00

Tax Info

  • Tax Lot: 98
  • Tax Tract Number: 15692
  • TaxOtherAnnualAssessmentAmount: 879.00

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2025 11/18/25 Price Changed $2,249,999 -5.3% $487 / Sq Ft
10/17/2025 10/17/25 For Sale $2,375,000 0.0% $514 / Sq Ft
10/10/2025 10/10/25 Off Market -- -- --
09/01/2025 09/01/25 For Rent -- -- --
03/09/2025 03/09/25 Off Market $1,925 -- --
01/16/2025 01/16/25 Price Changed $1,925 -1.3% --
12/27/2024 12/27/24 Price Changed $1,950 -6.9% --
12/02/2024 12/02/24 Price Changed $2,095 +40.1% --
11/27/2024 11/27/24 For Rent $1,495 0.0% --
11/08/2021 11/08/21 Sold $2,160,000 -1.6% $467 / Sq Ft View Prior Sale
09/23/2021 09/23/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $2,195,000 0.0% $475 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $2,195,000 -- $475 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25241963

California Regional Multiple Listing Service (CRMLS)