Pending

1629 E Maple AVE

EL SEGUNDO CA, 90245

$2,375,000


$589.04 per sqft

Pending

12 Beds

6 Baths

4,032 sqft

Multi-family

Built in 1953

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.

PW24168369MR

MLS ID

August 14, 2024

Listed

November 22, 2024

Updated

Map

1629 E Maple AVE
EL SEGUNDO CA, 90245

Interior Features

Total Stories

2


Bedrooms

12


Total Bathrooms

6


Laundry Description

Laundry Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.16 Acres


Sewer

Public Sewer

Other Property Details

Area Name

El Segundo


Days on Market

15


Garage

No


Parking Total

6


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

ESR3*

Listing History

Date

Event

Price

8/29/2024

Pending

Listed by Woody Stahl with Lyon Stahl Investment Real Est
Listing Contact: 310-425-9838 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor May-Ann Fisher | CA DRE# 01972930 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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