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Sold for $6,900,000 on 11/18/24
  • Listing Provided by: 

    Woody Stahl DRE #01399621 woody@lyonstahl.com,

    Lyon Stahl Investment Real Est,

    Brett Lyon DRE #01717818 310-706-4066,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with: Lyon Stahl Investment Real Estate, Inc.
    $6,900,000

    1620 E Maple Ave, El Segundo, CA 90245

    23beds
    24baths
    13,608sqft
    Mixed Use
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $507/sqft
    $2,187 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,187/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2024 at 06:17pm

    Listing Provided by:

    Woody Stahl DRE #01399621 woody@lyonstahl.com,

    Lyon Stahl Investment Real Est,

    Brett Lyon DRE #01717818 310-706-4066,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Brett Lyon, DRE #01717818

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: PW24168324MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 23
    • Bathrooms: 24
    Heating
    • Central
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 13,608
    • Total interior livable area: 13,608 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Carport
    • Carport spaces: 12
    Features
    • Entry location: 1
    • Has private pool: Yes
    • Pool features: Private
    Lot
    • Size: 0.64 Acres
    • Features: 21-25 Units/Acre
    Details
    • Parcel number: 4139018010
    • Zoning: ESR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Park
    Location
    • Region: El Segundo

    Other

    Other facts
    • Listing terms: Conventional

    Price history

    DateEventPrice
    11/18/2024Sold$6,900,000+310.7%$507/sqft
    Source: CRMLS #PW24168324
    5/10/2000Sold$1,680,000$123/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$79,206 +157.5%$6,900,000 +172.6%
    2024$30,760 +2.5%$2,531,495 +2%
    2023$30,001 -1%$2,481,859 +2%

    Find assessor info on the county website

    Neighborhood: 90245

    Nearby schools

    GreatSchools rating