1629 E Maple AVE Pending

El Segundo,CA 90245

$ 2375000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PW24168369

Year Built 1953

Lot Size 6,808 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

Zoning ESR3*

Interior

Laundry Common Area

Exterior

Pool None

Community Features Biking

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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