El Segundo, CA 90245,1625 E Maple AVE
El Segundo, CA 90245,1625 E Maple AVE
El Segundo, CA 90245,1625 E Maple AVE
El Segundo, CA 90245,1625 E Maple AVE
El Segundo, CA 90245,1625 E Maple AVE
El Segundo, CA 90245,1625 E Maple AVE
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Listed by Woody Stahl • Lyon Stahl Investment Real Est
Bought with Jonathan Weir

$5,450,000

Est.Price: ?

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Est. payment /mo

0.26 Acres Lot


SOLD DATE : 12/13/2024

Key Details

Sold Price $5,450,000

Property Type Commercial Multi-Residential (5 units)

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPW24168346

Year Built 1969

Lot Size 0.262 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area 141 - El Segundo

Interior

Laundry Laundry Area

Exterior

Garage Spaces 24.0

Pool None

Building

Water District - Public

Others

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Eric Boyenga

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

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