El Segundo, CA 90245,1625 E Maple AVE
El Segundo, CA 90245,1625 E Maple AVE
El Segundo, CA 90245,1625 E Maple AVE
$5,450,000
Est. payment /mo
$5,550,000
1.8%
Est.Price: ?

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0.26 Acres Lot
SOLD DATE : 12/13/2024

Key Details

Sold Price $5,450,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24168346

Sold Date 12/13/24

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*

Interior

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

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Woody Stahl • Lyon Stahl Investment Real Est • broker@lyonstahl.com
Bought with Jonathan Weir • Marcus & Millichap

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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