1629 E Maple, El Segundo, California 90245

  • $2,799,000
1629 E Maple, El Segundo, CA 90245
Active
1629 E Maple, El Segundo, California 90245
1629 E Maple, El Segundo, CA 90245
  • $2,799,000

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 4.91% current CAP rate and additional upside to a projected 5.76% 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 Bay’s most desirable rental locations with convenient access to major employment hubs, dining, retail, and entertainment amenities.

  • Address 1629 E Maple
  • State/county CA
  • Zip/Postal Code 90245
  • Country US

Details

Updated on May 12, 2026 at 9:23 pm
  • Property ID: PW26103081
  • Price: $2,799,000
  • Property Size: 4032 Sqft
  • Land Area: 0.1563 Acres
  • Year Built: 1953
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Additional details

  • Listing Terms: Conventional
  • Sewer: Public Sewer
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: Detached Carport
  • Community Features: Biking, Dog Park

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman