$5,550,000
1625 E Maple Avenue El Segundo, CA 90245
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Listed by Woody Stahl • Lyon Stahl Investment Real Est
$5,550,000
Est. payment /mo
13,458 SqFt
UPDATED:
08/30/2024 06:29 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 13,458 sqft
Price per Sqft $412
MLS Listing ID CRPW24168346
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1969
Lot Size 0.262 Acres
Property Description
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.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Water Public
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