El Segundo Duplex w/ ADU Potential- Maple Ave 1519 E Maple Ave
2 Unit Apartment Building $1,395,000 ($697,500/Unit) 1.85% Cap Rate El Segundo, CA 90245
INVESTMENT HIGHLIGHTS
- Great Owner Occupy Opportunity- Live In One Unit and Rent Out Other As Additional Income
- Potential To Convert Existing Two-Car Garage Into ADU(Buyer To Verify)
- Qualifies For Attractive Residential Financing
- Just Minutes Away From Dockweiler Beach
EXECUTIVE SUMMARY
REMAX One Commercial presents this fantastic duplex opportunity located at 1519 E Maple Ave, El Segundo. This well-maintained property, built in 1952, offers a total of 1,362 sq. ft. of living space on a 4,759 sq. ft. lot. Both units are thoughtfully designed with 2 bedrooms and 1 bathroom, making them ideal for both investors and owner-occupants looking for rental income.
The property is zoned ESR2YY, and the two-car garage presents the possibility of being converted into an ADU (Accessory Dwelling Unit), providing additional income potential—buyers should verify this option with the City.
The duplex is located on a corner lot in a prime El Segundo neighborhood, just minutes away from top-rated schools, parks, shopping, dining, and the beach. Commuting is also a breeze with quick access to LAX and major freeways.
With its spacious lot, this property offers ample outdoor space and parking, plus plenty of potential for future expansion or upgrades. The combination of location, zoning, and the opportunity for an ADU makes this a highly attractive option for anyone looking to invest in El Segundo. Whether you're interested in living in one unit while generating income from the other or you’re an investor seeking long-term returns, this property is a must-see.
The property is zoned ESR2YY, and the two-car garage presents the possibility of being converted into an ADU (Accessory Dwelling Unit), providing additional income potential—buyers should verify this option with the City.
The duplex is located on a corner lot in a prime El Segundo neighborhood, just minutes away from top-rated schools, parks, shopping, dining, and the beach. Commuting is also a breeze with quick access to LAX and major freeways.
With its spacious lot, this property offers ample outdoor space and parking, plus plenty of potential for future expansion or upgrades. The combination of location, zoning, and the opportunity for an ADU makes this a highly attractive option for anyone looking to invest in El Segundo. Whether you're interested in living in one unit while generating income from the other or you’re an investor seeking long-term returns, this property is a must-see.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$53,988
|
$23.01
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$53,988
|
$23.01
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$26,528
|
$11.31
|
| Net Operating Income |
$27,460
|
$11.71
|
PROPERTY FACTS
| Price | $1,395,000 |
| Price Per Unit | $697,500 |
| Sale Type | Investment |
| Cap Rate | 1.85% |
| Gross Rent Multiplier | 25.84 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single Family Home |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 2,346 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1952 |
| Parking Ratio | 2.94/1,000 SF |
1 of 1
Walk Score®
Very Walkable (78)
ZONING
| Zoning Code | ESR2YY |
