Sold
1625 E Maple AVE
EL SEGUNDO CA, 90245
$5,450,000
$404.96 per sqft
Sold
2 Beds
2 Baths
13,458 sqft
Multi-family
Built in 1969
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.
PW24168346MR
MLSⓇ ID
August 14, 2024
Listed
December 17, 2024
Updated
Map
1625 E Maple AVE
EL SEGUNDO CA, 90245
Interior Features
Total Stories
2
Bedrooms
2
Total Bathrooms
2
Laundry Description
Laundry Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.26 Acres
Sewer
Public Sewer
Other Property Details
Area Name
El Segundo
Days on Market
15
Garage
Yes
Garage Spaces
24
Parking Total
24
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
ESR3*
Listing History
Date | Event | Price |
---|---|---|
12/16/2024 | Sold | $5,450,000 |
8/29/2024 | Pending | — |
Listed by Woody Stahl with Lyon Stahl Investment Real Est
Listing Contact: 310-425-9838
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Elite Representation Real Estate | CA DRE# 01498928 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 12/17/2024