1629 E Maple Ave - Apartments FOR SALE


El Segundo, CA 90245
$2,375,000 USD
310-710-3829
1629 E Maple Ave, El Segundo, CA for Sale
$2,375,000 USD
Apartments - FOR SALE
1/6
null | 4.12% Cap Rate

1629 E Maple Ave
El Segundo, CA 90245


HIGHLIGHTS

  • Well-Maintained 6-Unit Apartment Building Adjacent to Constitution Park in El Segundo | Part of a 45 Unit MF Portfolio
  • Unit Mix: (6) 2-Bed/1-Bath | Car Ports For (6) Cars | Shared Laundry
  • 4,032 SF 2-Story Building on 6,807 SF Lot
  • 4.12% CAP | 6.75% Market CAP | 14.77 GRM | 10.56 Market GRM
  • $589/SF | $395,833/ Unit
  • Great Location El Segundo – Part of El Segundo Unified School District and Less Than a 10 Minute Drive to the Beach / LAX

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,375,000 USD

PRICE/SF

$493 USD /SF

# OF UNITS

6

PRICE/UNIT

$395,833

CAP RATE

4.12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

ESR3*

APN/PARCEL ID

4139-017-013

ASK ABOUT THIS PROPERTY

Woody StahlLyon Stahl Investment Real Estate, Inc.More Info
310-710-3829

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Woody StahlLyon Stahl Investment Real Estate, Inc.More Info
310-710-3829

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.