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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Terrance Scotton, Broker Associate

Terrance Scotton, Broker Associate

+1(626) 788-9299
$2,375,000
Est. payment /mo
6,808 Sqft Lot
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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.

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


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

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Terrance Scotton, Broker Associate

+1(626) 788-9299

Broker Associate | License ID: 01707848 NMLS: 908256

Broker Associate License ID: 01707848 NMLS: 908256

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