1629 E Maple Avenue
El Segundo, CA, 90245
$2,375,000
Beds
0 Baths
SqFt
0.16 Acres
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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 &#38' 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&#39'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&#39's growth, 1629 Maple Ave presents an opportunity an appreciating asset in a sought-after neighborhood.

Property Details

Price:
$2,375,000
MLS #:
PW24168369
Status:
Pending
Baths:
0
Address:
1629 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:
6,807 sqft / 0.16 acres (approx)
Year Built:
1953
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Lot Features
6-10 Units/ Acre
Parking Spots
6.00
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None
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Stories Total
2
Water Source
Public

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