$2,195,000
$30K PRICE DROP

906 E Imperial Ave El Segundo, CA 90245

Estimated payment $13,879/month

Total Views 2,594
3 Beds
2 Baths
4,624 Sq Ft
$475 Price per Sq Ft

Highlights

  • Laundry Room
  • 6 Car Garage
  • Heating System Uses Natural Gas
  • Center Street Elementary Rated A+

About This Home

906 E Imperial Avenue presents a rare opportunity to acquire a well-maintained 6-unit apartment building at the lowest price per door in El Segundo, one of the South Bay’s most desirable and supply-constrained rental markets. The property features an attractive unit mix of two spacious 2-bedroom/1-bath units and four 1-bedroom/1-bath units, catering to strong renter demand in this high-income coastal community. Two of the one-bedroom units have been fully remodeled and will be delivered vacant, offering immediate upside through a market-rate lease. The building is individually metered for gas and electricity and includes on-site laundry with two washers and two dryers that are owned outright and operate on a modern app-based, coinless payment system, providing an additional income stream. Further enhancing the property’s long-term potential are three two-car garages (six total parking spaces) that are currently unused and offer future ADU conversion potential (buyer to verify) — creating an opportunity for additional rental income and increased property value. Located in the highly sought-after El Segundo submarket of Los Angeles, the property benefits from exceptional tenant demand driven by proximity to LAX, Silicon Beach, Playa Vista, and major aerospace and technology employers. Residents enjoy convenient access to the 105 and 405 freeways, as well as the beach, parks, retail, and the vibrant dining and shopping corridor along Main Street in downtown El Segundo. With its prime South Bay location, strong rental fundamentals, and clear value-add potential, 906 E Imperial represents a compelling opportunity for investors seeking stable income and long-term appreciation in one of Southern California’s most resilient coastal rental markets.

Listing Agent

Mike Brooks

Keller Williams Realty Brokerage Phone: 657-837-6004 License #01830060 Listed on: 03/05/2026

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,179 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage
  • Parking Available

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

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 98
  • Tax Tract Number 15692
  • Assessor Parcel Number 4133032031
  • $996 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Building Details

  • 4 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Electric Expense $228
  • Fuel Expense $922
  • Insurance Expense $9,089
  • Maintenance Expense $10,524
  • Other Expense $10,067
  • Trash Expense $1,259
  • Water Sewer Expense $1,901
  • New Taxes Expense $27,813
  • Operating Expense $61,803
  • Gross Income $157,140
  • Net Operating Income $90,709

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

6,179 Sq Ft Lot

Parking

6

Listing Details

  • CapRate: 4.13
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1901.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • 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: 474.70

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6179.00
  • Lot Size Acres: 0.1419

Multi Family

  • Electric Expense: 228.00
  • Fuel Expense: 922.00
  • Gross Income: 157140.00
  • Gross Multiplier: 13.97
  • Gross Operating Income: 157140.00
  • Gross Scheduled Income: 157140.00
  • Insurance Expense: 9089.00
  • Lot Size Area: 6179.0000 Square Feet
  • Maintenance Expense: 10524.00
  • Net Operating Income: 90709.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Leased: 4
  • Number Of Units Total: 6
  • Operating Expense: 61803.00
  • Other Expense: 10067.00
  • Rent Control: No
  • Total Expenses: 61803.00

Tax Info

  • New Taxes Expense: 27813.00
  • Tax Lot: 98
  • Tax Tract Number: 15692
  • TaxOtherAnnualAssessmentAmount: 996.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $25,804 $2,292,209 $1,591,812 $700,397
2024 $25,804 $2,247,264 $1,560,600 $686,664
2023 $25,131 $2,203,200 $1,530,000 $673,200
2022 $25,404 $2,160,000 $1,500,000 $660,000
2021 $6,113 $458,220 $221,610 $236,610
2019 $5,937 $445,021 $215,038 $229,983
2018 $5,568 $436,304 $210,822 $225,482
2016 $5,326 $418,989 $202,637 $216,352
2015 $5,268 $412,697 $199,594 $213,103
2014 $5,207 $404,614 $195,685 $208,929
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2026 03/25/26 Price Changed $2,195,000 -1.3% $475 / Sq Ft
03/05/2026 03/05/26 Price Changed $2,225,000 -90.0% $481 / Sq Ft
03/05/2026 03/05/26 For Sale $22,225,000 0.0% $4,806 / Sq Ft
02/12/2026 02/12/26 Off Market -- -- --
02/07/2026 02/07/26 For Rent -- -- --
01/17/2026 01/17/26 Off Market -- -- --
12/31/2025 12/31/25 For Rent -- -- --
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: OC26048481

California Regional Multiple Listing Service (CRMLS)
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