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11-Unit Apartment Building
New
For Sale
$3,400,000

508 W Imperial Avenue, El Segundo, CA 90245

The property offers four one-bedroom apartments and seven studios within a relatively low-density El Segundo setting.

Property Size5,322 SF
Lot Size0.26 Acres
Price / SF$638.86
Days on Market6

Property Features for 508 W Imperial Avenue

General Information

Standard status Active
Size 5,322 SF
Lot size 0.26 Acres
Property subtype Mixed Use

Units

Unit Mix 4 x 1BR/1BA, 7 x studio
Multifamily Units 11

Additional Details

Asking Price $3,400,000

Building Details

Building Size 5,322 SF
Year Built 1974
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Brett Lyon · License #01717818
Source: Velocityrealtysd
Added: Aug 25 Changed: Aug 29 Last Checked: Aug 29 at 9:40AM

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 Lyon Stahl Investment Real Estate, Inc.

Investment Insights

Based on property information with market context.

Built in 1974, this 11-unit apartment property contains four one-bedroom/one-bath residences and seven studio units. The building encompasses approximately 5,322 square feet on an 11,171-square-foot lot. Existing garages may provide an opportunity for attached ADU conversions under California’s Accessory Dwelling Unit program, subject to buyer verification.

The property is located in El Segundo, within a 10-minute drive of approximately 20 million square feet of office space. The setting also provides access to LAX, the beach, Downtown El Segundo, dining, retail, employment centers, and transportation corridors. The projected market CAP rate is 5.93%.

Key Highlights

  • 11‑unit apartment building constructed in 1974
  • Unit mix includes four 1‑bedroom/1‑bath units and seven studio units
  • Approximately 5,322 square feet on an 11,171‑square‑foot lot

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Food Market Law Firm (Bike/Boat/Book/etc) Store Auto Parts Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The property offers four one-bedroom apartments and seven studios within a relatively low-density El Segundo setting.
Where is this apartment building located?
The property is located at 508 W Imperial Avenue El Segundo, CA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 11‑unit apartment building constructed in 1974; Unit mix includes four 1‑bedroom/1‑bath units and seven studio units; Approximately 5,322 square feet on an 11,171‑square‑foot lot
More about this property
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