El Segundo, CA 90245,1625 E Maple AVE
El Segundo, CA 90245,1625 E Maple AVE
El Segundo, CA 90245,1625 E Maple AVE
8
$5,450,000
$5,550,000
1.8%
Est.Price: ?

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0.26 Acres Lot

1625 E Maple AVE El Segundo, CA 90245

Est. payment /mo
SOLD DATE : 12/13/2024

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Key Details

Sold Price $5,450,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPW24168346

Sold Date 12/13/24

Originating Board California Regional MLS

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

Interior

Laundry Laundry Area

Exterior

Garage Spaces 24.0

Pool None

Building

Water District - Public

Others

Tax ID 4139017011

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Woody Stahl • Lyon Stahl Investment Real Est
Bought with Jonathan Weir

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agent

Madhu Sarkar

Agent | License ID: 01702931

+1(650) 504-7768

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