Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1116 E Imperial Ave El Segundo, CA 90245

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,250,000

    Multifamily investment property near beaches, LAX, and public transportation.

    Lot size:
    0.18 Acres

    Property Features for 1116 E Imperial Ave

    General Information

    Property type
    Investment
    Standard status
    Active
    Lot size
    0.18 Acres

    Building Details

    Year built
    1955

    We can help!

    Listing Contact
    Bill Ruane
    Bill Ruane
    Source: Elliman

    Listing Agency: Estate Properties Listing Agent: Bill Ruane

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Multifamily Investment Property Portfolio

    This is a rare opportunity to purchase a portfolio of multifamily investment properties. The property consists of a six-unit building with two 2-bedroom units and four 1-bedroom units. The building features six covered parking spaces and separately metered gas and electricity. It is located in a prime location near major employers, beaches, LAX, and public transportation. There is significant potential for increased rental income and the possibility of adding accessory dwelling units, presenting long-term investment opportunities. The property is situated near El Segundo’s vibrant dining, shopping, and entertainment options, including The Point, in one of the South Bay’s most sought-after areas. The property may be purchased separately.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Segundo
    County
    Los Angeles
    State
    California
    Longitude
    -118.4040184
    Latitude
    33.9305637

    Nearby Similar for Sale

    • New
      $2,225,000
      4,624 SF

      El Segundo Apartment Building Opportunity

      Well-maintained 6-unit apartment building in desirable El Segundo location.
      906 E Imperial Ave, El Segundo, CA 90245
      View Details
    • $2,999,000
      5,942 SF

      El Segundo Multifamily Investment Opportunity

      Five-unit building in El Segundo near schools, shopping, and beaches.
      426 E Imperial Ave, El Segundo, CA 90245
      View Details
    • $1,300,000
      Pending

      El Segundo Warehouse with Storage

      Quonset warehouse with storage, office space, and alley access.
      114 Lomita St, El Segundo, CA 90245
      View Details
    • $2,390,000
      4,060 SF

      El Segundo Commercial Space For Sale

      4,060 SF flex/industrial/creative/office space in El Segundo, CA.
      805 E El Segundo Blvd, El Segundo, CA 90245
      View Details
    • $2,250,000
      4,459 SF

      El Segundo Multifamily Investment Opportunity

      Well-maintained 6-unit property in prime El Segundo location.
      1112 E Imperial Ave, El Segundo, CA 90245
      View Details
    • $7,950,000
      14,350 SF

      El Segundo Commercial Building For Sale

      Commercial building with tenants in El Segundo, California.
      240 Center St, El Segundo, CA 90245
      View Details
    • $2,450,000
      3,550 SF

      El Segundo Duplex with Upgrades

      Two detached homes with private yards and updated features.
      955 Virginia St, El Segundo, CA 90245
      View Details
    • $2,250,000
      4,459 SF

      El Segundo Multifamily Investment Opportunity

      Well-maintained 6-unit property in prime El Segundo location.
      1112 E Imperial Ave, El Segundo, CA 90245
      View Details
    • $2,390,000

      Creative Flex Space For Sale

      4,060 SF flex space in Smoky Hollow.
      805 E El Segundo Blvd, El Segundo, CA 90245
      View Details
    • $2,999,000
      5,656 SF

      El Segundo Multifamily Investment Opportunity

      Five-unit apartment building in prime location with strong rental potential.
      924 Main St, El Segundo, CA 90245
      View Details
    • $2,250,000
      4,459 SF

      El Segundo Multifamily Investment Opportunity

      Well-maintained 6-unit property in prime El Segundo location.
      1116 E Imperial Ave, El Segundo, CA 90245
      View Details
    • Contact for pricing

      Campus El Segundo Specialty Property

      Part of a 46-acre campus with retail and hotels.
      2155 Campus Dr, El Segundo, CA 90245
      View Details

    FAQs

    What type of property is this?
    Apartment building - Multifamily investment property near beaches, LAX, and public transportation.
    Where is this apartment building located?
    The property is located at 1116 E Imperial Ave El Segundo, CA.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Portfolio of two adjacent six-unit multifamily investment properties.; - Prime location near major employers, beaches, LAX, and public transportation.; - Significant potential for increased rental income.
    (310) 877-2374
    Request Owner's contact information
    1116 E Imperial Ave El Segundo, CA 90245
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1116 E Imperial Ave
    El Segundo, CA 90245
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1116 E Imperial Ave El Segundo, CA 90245
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bill Ruane
    Bill Ruane
    Real Estate License ID: 00972400
    (310) 877-2374 (310) 378-9494 (310) 322-1425
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!