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Sold for $2,175,000 on 12/19/24
  • Listing Provided by: 

    Woody Stahl DRE #01399621 broker@lyonstahl.com,

    Lyon Stahl Investment Real Est,

    Brett Lyon DRE #01717818 310-706-4066,

    Lyon Stahl Investment Real Estate, Inc.

    $2,175,000

    1629 E Maple Ave, El Segundo, CA 90245

    --beds
    --baths
    4,032sqft
    Mixed Use
    Built in 1953
    -- sqft lot
    $2,129,400 Zestimate®
    $539/sqft
    $-- Estimated rent

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    $13,851/mo

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    What's special

    1629 Maple Ave is a well-maintained 6-unit apartment building located adjacent to Constitution Park in the desirable submarket of El Segundo. This two-story building features a desirable unit mix of six 2-bed/1-bath apartments. Spanning 4,032 square feet on a 6,807 square foot lot, it offers a solid investment opportunity with a 4.12% CAP rate & 40% rental upside, at an attractive price of $395,833 per unit. The property includes car ports for six vehicles and a shared laundry area for tenant convenience. Its prime location places it within walking distance to downtown El Segundo, providing easy access to a variety of restaurants, shops, and entertainment options. Additionally, it's less than a 10-minute drive from the beach, making it a highly desirable area for residents. Whether you’re seeking a steady income or looking to benefit from El Segundo's growth, 1629 Maple Ave presents an opportunity an appreciating asset in a sought-after neighborhood.

    Zillow last checked: 7 hours ago

    Listing updated: January 13, 2025 at 05:51pm

    Listing Provided by:

    Woody Stahl DRE #01399621 broker@lyonstahl.com,

    Lyon Stahl Investment Real Est,

    Brett Lyon DRE #01717818 310-706-4066,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Woody Stahl, DRE #01399621

    Lyon Stahl Investment Real Est

    Brett Lyon, DRE #01717818

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: PW24168369MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,032
    • Total interior livable area: 4,032 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport
    • Carport spaces: 6
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 6,807 sqft
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 4139017013
    • Zoning: ESR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

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

    Other

    Other facts
    • Listing terms: Conventional
    Services availability
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    Estimated market value
    $2,129,400