1620 E Maple AVE Pending Save Request In-Person Tour Request Virtual Tour
El Segundo,CA 90245
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 13,608 sqft
Price per Sqft $530
MLS Listing ID PW24168324
Year Built 1960
Lot Size 0.641 Acres
Property Description
1620 Maple Ave is a remarkable 23-unit apartment building located in the desirable El Segundo submarket. This property features a diverse unit mix, including (1) 3-bed/2-bath house, (16) 1-bed/1-bath units, (2) 2-bed/1-bath units, and (4) studio units. Spanning 13,608 square feet on a generous 27,924 square foot lot, the building offers ample amenities, including a private swimming pool and a well-maintained shared outdoor patio complete with a BBQ and fire pit area.
Sitting at a 4.31% CAP Rate and a Gross Rent Multiplier of 13.79, this property offers a strong financial investment opportunity. It is also part of the highly-regarded El Segundo Unified School District, adding additional appeal for families. Residents benefit from a dedicated parking lot with space for 23 cars, including 9 carports, and additional overflow parking is available for guests. Conveniently situated within walking distance to vibrant downtown El Segundo, tenants enjoy easy access to a variety of restaurants, shops, and more. With the beach and LAX just a short 10-minute drive away, 1620 Maple Ave combines a prime location with desirable amenities in one of the most desirable submarkets of the South Bay.
Location
State CA
County Los Angeles
Area 141 - El Segundo
Zoning ESR3YY
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Central
Laundry Common Area
Exterior
Pool Private
Community Features Biking,Park
Building
Lot Description 21-25 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard