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508 W Imperial Avenue

El Segundo, CA 90245
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Bed 1

Bed

Bath 2

Bath

SqFt11,171

Sqft(Lot)

508 W Imperial Ave is an 11-unit apartment building located in the highly desirable El Segundo submarket, available for purchase for the first time in approximately 40 years. Built in 1974, the property features an attractive unit mix of four 1-bedroom/1-bath units and seven studio units totaling approximately 5,322 square feet on an 11,171 square foot lot. Offered at $3,400,000, the asset represents an attractive basis of approximately $309,091 per unit, well below the average cost per unit for multifamily properties sold in El Segundo over the last 12 months. The property offers a strong value-add component with approximately 30% remaining rental upside and a projected market CAP rate of 5.93%. New ownership has the opportunity to capture additional income through interior renovations and potentially convert the existing garages into attached ADUs through California’s favorable Accessory Dwelling Unit program (buyer to verify). Ideally situated in a desirable, relatively low-density pocket of El Segundo, 508 W Imperial Ave is within a 10-minute drive of approximately 20 million square feet of office space and benefits from convenient access to major employment hubs, LAX, the beach, Downtown El Segundo, dining, retail, and transportation corridors.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,400,000

AD Id : 90024024

MLS Id : SB26186613

Beds : 1

Lot Size : 11,171 Sqft

Year Built : 1974

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1974
    Building Area Total: 5322
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 11171 Lot Size Acres: 0.2565 Lot Size Source: Assessor Lot Size Square Feet: 11,171 Lot Description: ElevenToFifteenUnitsAcre

  • Listing Price Information

    Listing Price: $3400000
    Conventional

  • Tax Information

    Parcel Number: 4132001015 Tax Lot: 4 Tax Block: 106

  • Parking Information

    Parking Total: 12

  • Location Information

    Direction: 500 block of W Imperial Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1514 E Maple Avenue, El Segundo, CA, 90245 $2,450,000 7 4 3,404 6,594 Sqft
1200 E Imperial Avenue, El Segundo, CA, 90245 $2,095,000 8 6 -- 8,008 Sqft
1116 E Imperial Avenue, El Segundo, CA, 90245 $2,095,000 8 6 -- 8,011 Sqft
1112 E Imperial Avenue, El Segundo, CA, 90245 $2,095,000 8 6 -- 8,010 Sqft
628 Penn Street, El Segundo, CA, 90245 $3,495,000 4 5 3,801 5,432 Sqft
861 Sheldon Street, El Segundo, CA, 90245 $2,200,000 3 3 1,690 4,844 Sqft
627 E Grand Avenue, El Segundo, CA, 90245 $1,850,000 4 2 1,520 7,007 Sqft
507 E Grand Avenue, El Segundo, CA, 90245 $1,550,000 2 1 871 7,003 Sqft
203 E Sycamore Avenue, El Segundo, CA, 90245 $1,995,000 4 3 2,196 5,698 Sqft
226 B Arena Street, El Segundo, CA, 90245 $1,049,000 2 2 860 2,037 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/08/2026 @ 01:00

MLS: SB26186613 LISTED BY: Brett Lyon, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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