Property Detail
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.
Map Location
Listing provided courtesy of Woody Stahl of Lyon Stahl Investment Real Est. Last updated 2024-11-25 09:11:28.000000. Listing information © 2024 CRMLS.
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