1625 E Maple AVE Pending

El Segundo,CA 90245

$ 5550000

- Bed

- Bath

13458 SqFt


Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 13,458 sqft

Price per Sqft $412

MLS Listing ID PW24168346

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

Area 141 - El Segundo

Zoning ESR3*

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Laundry Common Area

Exterior

Garage Spaces 24.0

Garage Description 24.0

Pool None

Community Features Park

Building

Lot Description 11-15 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

View More
Favorite Go Tour