500 E Imperial Ave, El Segundo, CA 90245

$5,000,000

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List Price
$5,000,000
MLS#
26645503
Status
ACTIVE UNDER CONTRACT
Type
Land

Property Description

Spanning 22,133 SF, this versatile lot is strategically zoned ESC2VV, offering a rare development or owner-user foothold in one of the region's most sought-after and high-growth markets. The surrounding area is characterized by a stable mix of low-to-mid density residential housing and light commercial businesses, creating a fully built-out environment with high natural demand and limited competition. This lot offers premium visibility and a versatile range of potential uses that cater to both neighborhood needs and commercial interests. The strategic corner positioning ensures maximum visibility, while the functional advantage of established driveways on both street frontages provides superior access and logistics compared to mid-block parcels. This represents a unique opportunity to secure a versatile asset within a supply-restricted market, offering both long-term stability and strong prospects for capital growth. Historically recognized as the "Aerospace Capital of the World," El Segundo has evolved into a premier destination for Fortune 500 companies, creative tech disruptors, and high-profile sports franchises. The property is ideally positioned to benefit from the city's business-friendly environment and its proximity to the vibrant Smoky Hollow district and the boutique retail and dining along Main Street. Strategically located with immediate access to LAX and the 105 and 405 freeways, 500E. Imperial Ave. provides an unmatched connection to the greater Los Angeles basin while remaining just minutes from the affluent South Bay beach communities. This is a rare chance to capitalize on the sustained economic momentum of one of Southern California's most resilient and sought-after submarkets.

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Courtesy of CB Richard Ellis, Inc., Adam Peterson.

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