1620 E Maple Ave

El Segundo, CA 90245

$6,900,000
Last Sold Price
6
Beds
24
Baths
13,608 Sq. Ft.
$507 / Sq. Ft.
13,608
Sq. Ft.
$507
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 11/18/24
Closed 11/18/24
a car parked in front of a white house

Description

1620 Maple Ave is a remarkable 23-unit apartment building located in the desirable El Segundo submarket. This property features a diverse unit mix, including (1) 3-bed/2-bath house, (16) 1-bed/1-bath units, (2) 2-bed/1-bath units, and (4) studio units. Spanning 13,608 square feet on a generous 27,924 square foot lot, the building offers ample amenities, including a private swimming pool and a well-maintained shared outdoor patio complete with a BBQ and fire pit area. Sitting at a 4.31% CAP Rate and...1620 Maple Ave is a remarkable 23-unit apartment building located in the desirable El Segundo submarket. This property features a diverse unit mix, including (1) 3-bed/2-bath house, (16) 1-bed/1-bath units, (2) 2-bed/1-bath units, and (4) studio units. Spanning 13,608 square feet on a generous 27,924 square foot lot, the building offers ample amenities, including a private swimming pool and a well-maintained shared outdoor patio complete with a BBQ and fire pit area. Sitting at a 4.31% CAP Rate and a Gross Rent Multiplier of 13.79, this property offers a strong financial investment opportunity. It is also part of the highly-regarded El Segundo Unified School District, adding additional appeal for families. Residents benefit from a dedicated parking lot with space for 23 cars, including 9 carports, and additional overflow parking is available for guests. Conveniently situated within walking distance to vibrant downtown El Segundo, tenants enjoy easy access to a variety of restaurants, shops, and more. With the beach and LAX just a short 10-minute drive away, 1620 Maple Ave combines a prime location with desirable amenities in one of the most desirable submarkets of the South Bay.
  1. Listed by Woody Stahl • DRE #01399621 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Est • woody@lyonstahl.com
  2. Listed by Brett Lyon • DRE #01717818 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 1620 East Maple Avenue

Parking Spaces Total
12
Private Pool
Yes
Total Units
23.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
13608
Assessor Parcel Number
4139-018-010
Property Attached YN
true
LISTING UPDATED: 11/18/2024 06:05 AM

Property Details for 1620 East Maple Avenue

StatusClosed
MLS #PW24168324
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1960
Lot Size0.64 AC / 27,924 SF
CountyLos Angeles County
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Location

Listing Courtesy of Lyon Stahl Investment Real Est, Woody Stahl, DRE #01399621; Lyon Stahl Investment Real Estate, Inc., Brett Lyon, DRE #01717818

Sold By Lyon Stahl Investment Real Estate, Inc., Brett Lyon, DRE #01717818

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Building Information for 1620 East Maple Avenue

Stories2Residences-Year Built1960Building Size-Lot Size0.64 AC / 27,924 SF

Payment Calculator

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$41,345 per month

30 year fixed, 6.46% Interest

Principal and Interest

$34,745

Property Taxes

$6,600

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1620 East Maple Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $524,000
  • Gross Scheduled Income: $524,000
  • Vacancy Allowance: 15720
  • Gross Operating Income: $508,280
  • Net Operating Income: $311,684
  • Gross Multiplier: 13.79
  • Cap Rate: 4.31
  • Financing: Conventional
Expense Details
  • Operating Expense: $196,596
  • New Taxes Expense: $82,204
  • Gardener Expense: $1,200
  • Insurance Expense: $18,970
  • Maintenance Expense: $24,608
  • Professional Management Expense: $36,563
  • Other Expense: $33,051
  • Other Expense Description: Utility
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $196,596
Tax / Assessment Info
  • Tax Block: 112
  • Tax Tract Number: 620...
  • Tax Census Tract: 6200.01
  • Tax Lot: 8
Community / Development
Community / Development
  • Community Features: Biking, Park
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: 1
  • Pool Features: Private
  • Pool Description: Private
Land/Lot Info
  • Lot Features: 21-25 Units/Acre
  • Number Of Units: 23
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 12
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,500
  • Unit Type Total Rent: $3,500
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 16
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,889
  • Unit Type Total Rent: $30,225
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,975
  • Unit Type Total Rent: $3,950
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,150
  • Unit Type Total Rent: $5,750
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 23
  • Number Of Separate Gas Meters: 23
  • Number Of Separate Water Meters: 1

Property History for 1620 East Maple Avenue

DateEvent & SourcePriceAppreciation
Nov 18, 2024

Sold

CRMLS #PW24168324

$6,900,000—
Nov 18, 2024

Sold

CLAW #PW24168324MR

$6,900,000—
Aug 29, 2024

Pending

CRMLS #PW24168324

—
Aug 29, 2024

Pending

CLAW #PW24168324MR

—
Aug 14, 2024

Listed (Active)

CRMLS #PW24168324

$7,225,000—
Aug 14, 2024

Listed (Active)

CLAW #PW24168324MR

$7,225,000—
Nov 29, 2006

Withdrawn / Cancelled

CRMLS #S935075

$4,000,000—
Nov 29, 2006

Withdrawn / Cancelled

CLAW #S935075MR

—
Sep 20, 2006

Listed (Active)

CLAW #S935075MR

$4,000,000—
Sep 20, 2006

Listed (Active)

CRMLS #S935075

$4,000,000—
May 10, 2000

Sold

CRMLS #CC206402

$3,600,000—
May 10, 2000

Sold

CLAW #P168296MR

$3,600,000—
May 10, 2000

Sold

CRMLS #P168296

$3,600,000—
Jan 7, 2000

Pending

CLAW #P168296MR

—
Jan 7, 2000

Pending

CRMLS #P168296

—
Dec 8, 1999

Listed (Active)

CLAW #P168296MR

$3,650,000—
Dec 8, 1999

Listed (Active)

CRMLS #P168296

$3,650,000—
Dec 8, 1999

Listed (Active)

CRMLS #CC206402

$3,650,000—
DateEvent & SourcePrice
11/18/2024

Sold

CRMLS #PW24168324

$6,900,000
11/18/2024

Sold

CLAW #PW24168324MR

$6,900,000
08/29/2024

Pending

CRMLS #PW24168324

—
08/29/2024

Pending

CLAW #PW24168324MR

—
08/14/2024

Listed (Active)

CRMLS #PW24168324

$7,225,000
08/14/2024

Listed (Active)

CLAW #PW24168324MR

$7,225,000
11/29/2006

Withdrawn / Cancelled

CRMLS #S935075

$4,000,000
11/29/2006

Withdrawn / Cancelled

CLAW #S935075MR

—
09/20/2006

Listed (Active)

CLAW #S935075MR

$4,000,000
09/20/2006

Listed (Active)

CRMLS #S935075

$4,000,000
05/10/2000

Sold

CRMLS #CC206402

$3,600,000
05/10/2000

Sold

CLAW #P168296MR

$3,600,000
05/10/2000

Sold

CRMLS #P168296

$3,600,000
01/07/2000

Pending

CLAW #P168296MR

—
01/07/2000

Pending

CRMLS #P168296

—
12/08/1999

Listed (Active)

CLAW #P168296MR

$3,650,000
12/08/1999

Listed (Active)

CRMLS #P168296

$3,650,000
12/08/1999

Listed (Active)

CRMLS #CC206402

$3,650,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1620 East Maple Avenue

Taxable ValueLand$4,900,000Additions$2,000,000Total$6,900,000
Tax Record2025$79,206 ($6,600 / month)
Home Facts
Total Finished SqFt13,608 SqFtAbove Grade Finished SqFt13,608 SqFtLot Size27,917 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningESR3YYCountyLOS ANGELESAPN4139-018-010

Schools near 1620 East Maple Avenue

This home is within El Segundo Unified School District.
Rating
School
Type
Grades
Distance
Center Street Elementary
Public - K to 5
El Segundo Middle School
Public - 6 to 8
El Segundo High School
Public - 9 to 12
Arena High (Continuation) School
Public - 9 to 12
Rating
School
Distance
Center Street Elementary
PublicK to 5

El Segundo Middle School
Public6 to 8

El Segundo High School
Public9 to 12

Arena High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Est, Woody Stahl, DRE #01399621; Lyon Stahl Investment Real Estate, Inc., Brett Lyon, DRE #01717818

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.