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    1112 E Imperial Avenue

    El Segundo, CA 90245
    • $2,100,000
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: SB20195398
    $2,100,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,459
      SQFT
    • $471
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    A rare opportunity to purchase a Portfolio of multifamily Investment Properties. Two adjacent six-unit buildings (Each Sold Separately 1116 E. Imperial Ave. MLS# SB 20195950) consist of Two-2 bedrooms and Four-1 bedrooms, each with off-street parking, and utilities are separately metered for gas and electric and water/sewer is master metered. The property has been under long-term ownership and rents are under market. This value-add offers an unparalleled location within the city with restaurants, trendy taverns and boutiques, or take a short drive over to The Point on Pacific Coast Highway to enjoy an array of vibrant shopping and dining options. Call for more details.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-28T22:28:56.28. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/110167287
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    1112 E Imperial Avenue El Segundo, CA 90245

    • Price: $2,100,000
    • Status: Active
    • ID#: SB20195398
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,459
    SQFT
    $471
    $/SQFT
    1955
    Built
    Neighborhood:
    141 - El Segundo
    County:
    Los Angeles
    Area:
    141 - El Segundo
    Property Description
    A rare opportunity to purchase a Portfolio of multifamily Investment Properties. Two adjacent six-unit buildings (Each Sold Separately 1116 E. Imperial Ave. MLS# SB 20195950) consist of Two-2 bedrooms and Four-1 bedrooms, each with off-street parking, and utilities are separately metered for gas and electric and water/sewer is master metered. The property has been under long-term ownership and rents are under market. This value-add offers an unparalleled location within the city with restaurants, trendy taverns and boutiques, or take a short drive over to The Point on Pacific Coast Highway to enjoy an array of vibrant shopping and dining options. Call for more details.
    Exterior Features

    Garage Spaces 6.00 Lot Features 0-1 Unit/Acre Lot Size Dimensions 50 X 161 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 615 Average1 Bed Area Units Square Feet Average2 Bed Area 805 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.20 Community Features Curbs Country Us Electric Expense 246.00 Elevation Units Feet Gross Income 0.00 Gross Multiplier 18.37 Gross Operating Income 110871.00 Gross Scheduled Income 114300.00 Insurance Expense 2400.00 Land Lease YN No Laundry YN Yes Lot Dimensions Source Assessor Net Operating Income 65523.00 New Construction YN No New Taxes Expense 25600.00 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 48778.00 Operating Expense Percent 40.00 Professional Management Expense 1800.00 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Tenant Pays None Total Actual Rent 9525.00 Total Expenses 25807.00 Trash Expense 1020.00 Vacancy Allowance Rate 3.00 Water Sewer Expense 3100.00 Water Source Public Year Built Source Assessor Zoning Esr3yy

    Listing provided courtesy of Gary Richardson of Strand Hill Christies International Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-28T22:28:56.28. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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