1625 E Maple Avenue, El Segundo, CA 90245
Property
Sold December 2024
Listing Agent: Woody Stahl (DRE #01399621) · Listing Office: Lyon Stahl Investment Real Est · Contact: broker@lyonstahl.com · Bought with: Jonathan Weir · Marcus & Millichap · MLS #PW24168346 · Source: CRMLS
About this property
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.
Listing description from the December 2024 sale, as reported to CRMLS.
Sale history