1629 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: Woody Stahl · Lyon Stahl Investment Real Est · MLS #PW24168369 · Source: CRMLS
About this property
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.
Listing description from the December 2024 sale, as reported to CRMLS.
Sale history