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Glen Henderson

[email protected] +1(619) 889-7646

$2,725,000

Est. payment - /mo

8 Beds

4 Baths

6,807 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26103081

Bedrooms 8

Lot Size 6,807 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Conventional

Property Type Res Income 2-4 Units

Property Description

1629 Maple Ave is a well-maintained 6-unit apartment building located adjacent to Constitution Park in the highly desirable El Segundo submarket. The property features an attractive unit mix of six 2-bedroom/1-bath units totaling approximately 4,032 square feet on a 6,807 square foot lot. The asset offers strong in-place income with a 5.02% current CAP rate and additional upside to a projected 5.95% market CAP rate. The property includes carport parking for six vehicles, shared on-site laundry facilities, and recent capital improvements including a new electrical main panel with new subpanels installed in all units. Two of the units have also been upgraded with built-in washer/dryer systems and tankless water heaters, enhancing tenant appeal and operational efficiency. In addition to the existing improvements, the property offers attractive future upside through a potential ADU opportunity. Ownership has had an architect verify the feasibility of constructing two additional units above the rear carports, offering investors the ability to further increase income and long-term value (buyer to verify). Ideally situated approximately one mile from Downtown El Segundo and less than a 10-minute drive to the beach and LAX, 1629 Maple Ave benefits from one of the South Bays most desirable rental locations with convenient access to major employment hubs, dining, retail, and entertainment amenities.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Near the Corner of E Maple Ave and Washington St in El Segundo

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 4139017013

Acceptable Financing Conventional

Listing Terms Conventional

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Listed by Woody Stahl, DRE#01399621 Lyon Stahl Investment Real Est

Nearby School & Business

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

1629 E Maple El Segundo, CA 90245

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information