1625 E Maple Avenue
El Segundo, CA, 90245
$5,550,000
Beds
0 Baths
SqFt
0.26 Acres
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1625 Maple Ave is a well-maintained 12-unit apartment building located in the desirable El Segundo submarket. This property offers an excellent unit mix of (12) 2-bed/2-bath units, several of which have been remodeled over the years to maintain modern standards. The two-story building spans 13,458 square feet on an 11,427 square foot lot, providing ample living space and essential amenities.
With a CAP Rate of 4.23%, an attractive price per square foot of $412, and a price per unit of $462,500, this property represents a compelling financial investment opportunity. The building includes a parking garage with space for 24 cars and a shared laundry room for tenant convenience.
Situated in the highly-regarded El Segundo Unified School District, 1625 Maple Ave holds appeal for families and professionals alike. Its prime location offers easy access to vibrant downtown El Segundo, with a variety of restaurants, shops, and entertainment options nearby. Additionally, the property is less than a 10-minute drive from the beach and LAX, offering residents excellent accessibility to major attractions and transportation hubs.

Property Details

Price:
$5,550,000
MLS #:
PW24168346
Status:
Pending
Baths:
0
Address:
1625 E Maple Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
141elsegundo
City:
El Segundo
Listed Date:
Aug 14, 2024
State:
CA
ZIP:
90245
Lot Size:
11,427 sqft / 0.26 acres (approx)
Year Built:
1969
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Community Features
Park
Garage Spaces
24.00
Lot Features
11-15 Units/ Acre
Parking Spots
24.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

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