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.
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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Schools
Interior
Exterior
Community Features
Biking
Garage Spaces
0.00
Lot Features
6-10 Units/ Acre
Parking Spots
6.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address1629 E Maple Avenue El Segundo CA
- Area141 – El Segundo
- CityEl Segundo
- CountyLos Angeles
- Zip Code90245
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Courtesy of Lyon Stahl Investment Real Est. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1629 E Maple Avenue
El Segundo, CA
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