1629 E Maple Ave
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1629 E Maple Ave
6 Unit Apartment Building $2,375,000 ($395,833/Unit) 4.12% Cap Rate El Segundo, CA 90245
Investment Highlights
- Well-Maintained 6-Unit Apartment Building Adjacent to Constitution Park in El Segundo | Part of a 45 Unit MF Portfolio
- 4,032 SF 2-Story Building on 6,807 SF Lot
- $589/SF | $395,833/ Unit
- Unit Mix: (6) 2-Bed/1-Bath | Car Ports For (6) Cars | Shared Laundry
- 4.12% CAP | 6.75% Market CAP | 14.77 GRM | 10.56 Market GRM
- Great Location El Segundo – Part of El Segundo Unified School District and Less Than a 10 Minute Drive to the Beach / LAX
Executive Summary
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.
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.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts In Escrow
| Price | $2,375,000 | Apartment Style | Low Rise |
| Price Per Unit | $395,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 4.12% | Building Size | 4,814 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | Parking Ratio | 1.25/1,000 SF |
| Price | $2,375,000 |
| Price Per Unit | $395,833 |
| Sale Type | Investment |
| Cap Rate | 4.12% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,814 SF |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.25/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $2,217 | - |
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Walk Score ®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 4139-017-013 | Improvements Assessment | $366,150 (2024) |
| Land Assessment | $301,361 (2024) | Total Assessment | $667,511 (2024) |
PROPERTY TAXES
Parcel Number
4139-017-013
Land Assessment
$301,361 (2024)
Improvements Assessment
$366,150 (2024)
Total Assessment
$667,511 (2024)
zoning
| Zoning Code | ESR3* |
| ESR3* |
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1629 E Maple Ave
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