$1,995,000

Rare opportunity to own one of the lowest-priced multifamily properties in El Segundo. 1116 E Imperial is a well-maintained six-unit apartment building in one of the South Bay’s most sought-after areas. The property features a total of six units, including two two-bedroom, one-bath units and four one-bedroom, one-bath units, each thoughtfully updated for modern living. The building also offers six covered parking spaces and separately metered gas and electricity. With significant potential for increased rental income and the possibility of adding accessory dwelling units (ADUs), this property presents an attractive long-term investment opportunity. No city rent control. Adding to the appeal, two adjacent buildings (1112 & 1200 E Imperial) with the same six-unit layout are also available for sale, creating a rare opportunity to purchase one, two, or all three properties together. Ideally located near major employers, beaches, LAX, public transportation, and El Segundo’s vibrant dining, shopping, and entertainment destinations, including The Point. Whether acquired individually or as a portfolio, this is an exceptional investment opportunity in a highly desirable South Bay location. This property is perfect for an exchange buyer or someone who wants a low maintenance building with a great ADU play. Call for more details.