El Segundo, CA 90245,1629 E Maple AVE
El Segundo, CA 90245,1629 E Maple AVE
El Segundo, CA 90245,1629 E Maple AVE
El Segundo, CA 90245,1629 E Maple AVE
El Segundo, CA 90245,1629 E Maple AVE
El Segundo, CA 90245,1629 E Maple AVE
See all 6 photos
Listed by Woody Stahl • Lyon Stahl Investment Real Est
Bought with Woody Stahl

$2,175,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6,807 Sqft Lot


SOLD DATE : 12/19/2024

Key Details

Sold Price $2,175,000

Property Type Commercial Multi-Residential (5 units)

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPW24168369

Year Built 1953

Lot Size 6,807 Sqft

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.

Location

State CA

County Los Angeles

Area 141 - El Segundo

Interior

Laundry Laundry Area

Exterior

Garage Spaces 6.0

Pool None

Building

Water District - Public

Others

Special Listing Condition Not Applicable

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


MLS Listing IDX PLUS
Eric Boyenga

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

GET MORE INFORMATION

Name
Phone*
Message