El Segundo, CA 90245,1629 E Maple AVE
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El Segundo, CA 90245,1629 E Maple AVE
El Segundo, CA 90245,1629 E Maple AVE
El Segundo, CA 90245,1629 E Maple AVE
El Segundo, CA 90245,1629 E Maple AVE
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1629 E Maple AVE El Segundo, CA 90245

4,032 SqFt


UPDATED:

10/03/2024 08:52 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 4,032 sqft

Price per Sqft $589

MLS Listing ID PW24168369

HOA Y/N No

Year Built 1953

Lot Size 6,808 Sqft

Acres 0.1563

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.

Location

State CA

County Los Angeles

Area 141 - El Segundo

Zoning ESR3*

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

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


California Regional MLS (CRMLS)
Listed by Woody Stahl • Lyon Stahl Investment Real Est • broker@lyonstahl.com