6-Unit Apartment
For Sale
$1,995,000
1200 E Imperial Avenue, El Segundo, CA 90245
Gas and electricity are separately metered, and the property includes covered parking.
Property Size4,459 SF
Days on Market124
Property Features for 1200 E Imperial Avenue
General Information
Standard status
Active
Size
4,459 SF
Total Parking Spaces
6
Property subtype
Mixed Use
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units
6
Building Details
Building Size
4,459 SF
Year Built
1955
Buildings
1
Listing Agency:
Estate Properties
Listed By:
Bill Ruane · License #00972400
(310) 877-2374
Source:
Velocityrealtysd
Added: Jun 21
Changed: Oct 21
Last Checked: Oct 20 at 10:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Estate Properties
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Investment Insights
Based on property information with market context.
Built in 1955, this apartment building contains six units: two with two bedrooms and one bathroom, and four with one bedroom and one bathroom. The units have been updated. Six covered parking spaces serve the property, and gas and electricity are separately metered. The building is not subject to city rent control.
The property is in El Segundo, near major employers, beaches, LAX, public transportation, and The Point, along with dining, shopping, and entertainment destinations. Two nearby apartment buildings at 1112 and 1116 E Imperial, each with the same six-unit layout, are also offered for sale.
The property is in El Segundo, near major employers, beaches, LAX, public transportation, and The Point, along with dining, shopping, and entertainment destinations. Two nearby apartment buildings at 1112 and 1116 E Imperial, each with the same six-unit layout, are also offered for sale.
Key Highlights
- Six apartments: two 2‑bedroom, 1‑bath units and four 1‑bedroom, 1‑bath units
- Six covered parking spaces
- Gas and electricity are separately metered
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,749
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,434,980
$1.4M
Cap Rate 7%
$1,024,986
$1.0M
Cap Rate 9%
$797,211
$797.2K
Market Conditions
NOI Build-Up for 4,459 SF
Gross rent
$141.8K $31.80/SF
− Vacancy
−$11.3K −$2.54/SF
EGI
$130.5K $29.26/SF
− OpEx
−$58.7K −$13.17/SF
NOI
$71.7K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,434,980
Cap Rate 7%
$1,024,986
Cap Rate 9%
$797,211
Alternative Uses
Best Use
Apartment 5plus
$1.02M
$896.9K – $1.20M
NOI $71,749 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.39M
$2.09M – $2.79M
NOI $167,113 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
6
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
Explore this area
Business Placement
Demographics for 90245, CA
17,272
Population
7,677
Households
2.2
Avg Household Size
39
Median Age
63%
College-Educated
98%
High-School Grad
5.3 sq mi
ZIP Area
3,259
Density / Sq Mi
$149,149
Median Household Income
$83,427
Median Earnings
$2,547
Median Rent
$1,521,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Gas and electricity are separately metered, and the property includes covered parking.
Where is this apartment building located?
The property is located at 1200 E Imperial Avenue El Segundo, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Six apartments: two 2‑bedroom, 1‑bath units and four 1‑bedroom, 1‑bath units; Six covered parking spaces; Gas and electricity are separately metered
