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$5,550,000

Est. payment - /mo

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13,458 SqFt

Pending

1625 E Maple AVE El Segundo, CA 90245

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

09/30/2024 06:29 PM

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

HOA Y/N No

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

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 24.0

Garage Description 24.0

Pool None

Community Features Park

Total Parking Spaces 24

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4139017011

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Listed by Woody Stahl • Lyon Stahl Investment Real Est • broker@lyonstahl.com

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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