$ 2,375,000
1629 E Maple AVE El Segundo, CA 90245
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,375,000
Est. payment /mo
Pending
1629 E Maple AVE El Segundo, CA 90245
6,808 Sqft Lot
UPDATED:
10/03/2024 08:52 PM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PW24168369
HOA Y/N No
Year Built 1953
Lot Size 6,808 Sqft
Property Description
1629 Maple Ave is a well-maintained 6-unit apartment building located adjacent to Constitution Park in the desirable submarket of El Segundo. This two-story building features a desirable unit mix of six 2-bed/1-bath apartments. Spanning 4,032 square feet on a 6,807 square foot lot, it offers a solid investment opportunity with a 4.12% CAP rate & 40% rental upside, at an attractive price of $395,833 per unit.
The property includes car ports for six vehicles and a shared laundry area for tenant convenience. Its prime location places it within walking distance to downtown El Segundo, providing easy access to a variety of restaurants, shops, and entertainment options. Additionally, it's less than a 10-minute drive from the beach, making it a highly desirable area for residents. Whether you?re seeking a steady income or looking to benefit from El Segundo's growth, 1629 Maple Ave presents an opportunity an appreciating asset in a sought-after neighborhood.
The property includes car ports for six vehicles and a shared laundry area for tenant convenience. Its prime location places it within walking distance to downtown El Segundo, providing easy access to a variety of restaurants, shops, and entertainment options. Additionally, it's less than a 10-minute drive from the beach, making it a highly desirable area for residents. Whether you?re seeking a steady income or looking to benefit from El Segundo's growth, 1629 Maple Ave presents an opportunity an appreciating asset in a sought-after neighborhood.
Location
State CA
County Los Angeles
Area 141 - El Segundo
Zoning ESR3*
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 6
Pool None
Community Features Biking
Total Parking Spaces 6
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4139017013
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Lease Land No
Listed by Woody Stahl • Lyon Stahl Investment Real Est • broker@lyonstahl.com