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

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