1629 E Maple Avenue

El Segundo, CA 90245

$2,375,000

List Price

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1953

calendar_month Built

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.

Listing Information

List Price $2,375,000
Status Pending
MLS PW24168369
Type Residential Income
Subtype Mixed Use
Year Built 1953
Lot Size 6,807
Structure Size N/A
DOM 15
Courtesy Of Lyon Stahl Investment Real Est
Listing Agent Woody Stahl DRE#01399621
Co-Listing Agent Brett Lyon DRE#01717818

Interior Features

Laundry Information
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Exterior Information

Maps

Listing information courtesy of: Woody Stahl, Brett Lyon, Lyon Stahl Investment Real Est . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 3rd, 2024 at 8:52 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.