El Segundo Multifamily Investment
For Sale
$2,099,995
Pending
906 E Imperial, El Segundo, CA 90245
Well-maintained 6-unit apartment building in desirable El Segundo location.
Property Size4,624 SF
Days on Market179
Property Features for 906 E Imperial
General Information
Standard status
Pending
Size
4,624 SF
Property subtype
Apartment
Building Details
Building Size
4,624 SF
Year Built
1955
Listing Agency:
Keller Williams Realty
(714) 426-3800
Listed By:
Michael Brooks · License #01830060
Source:
Truthrealty
Added: Mar 5
Changed: Aug 25
Last Checked: Aug 31 at 12:43AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
The property at 906 E Imperial Avenue is a 6-unit apartment building in El Segundo. The unit mix includes two 2-bedroom/1-bath units and four 1-bedroom/1-bath units. Two of the one-bedroom units have been fully remodeled and will be delivered vacant. The building is individually metered for gas and electricity. On-site laundry facilities include two washers and two dryers with an app-based, coinless payment system. There are also three two-car garages (six total parking spaces) that offer future ADU conversion potential. The property benefits from its location in the El Segundo submarket of Los Angeles, with proximity to LAX, Silicon Beach, Playa Vista, and major aerospace and technology employers. Residents have convenient access to the 105 and 405 freeways, as well as the beach, parks, retail, and the dining and shopping corridor along Main Street in downtown El Segundo.
Key Highlights
- Lowest price per door in El Segundo's desirable market.
- Two vacant, fully remodeled 1‑bedroom units offer immediate market‑rate lease upside.
- Prime location in El Segundo, near LAX, Silicon Beach, Playa Vista, and major employers.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$74,404
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,488,080
$1.5M
Cap Rate 7%
$1,062,914
$1.1M
Cap Rate 9%
$826,711
$826.7K
Market Conditions
NOI Build-Up for 4,624 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$147.0K $31.80/SF
− Vacancy
−$11.8K −$2.54/SF
EGI
$135.3K $29.26/SF
− OpEx
−$60.9K −$13.17/SF
NOI
$74.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,488,080
Cap Rate 7%
$1,062,914
Cap Rate 9%
$826,711
Alternative Uses
Best Use
Apartment 5plus
$1.06M
$930.1K – $1.24M
NOI $74,404 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.48M
$2.17M – $2.89M
NOI $173,297 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
690
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 6-unit apartment building in desirable El Segundo location.
Where is this apartment building located?
The property is located at 906 E Imperial El Segundo, CA.
What is the asking price?
The asking price for this property is $2,099,995.
What are key features of this property?
This property features: Lowest price per door in El Segundo's desirable market.; Two vacant, fully remodeled 1‑bedroom units offer immediate market‑rate lease upside.; Prime location in El Segundo, near LAX, Silicon Beach, Playa Vista, and major employers.
