NOT LISTED FOR SALE

1637 E Maple Ave El Segundo, CA 90245

6 Beds
3 Baths
8,064 Sq Ft
0.28 Acres

Last Sold December 12, 2023

Last sale price $4,750,000 $589 Per Sq Ft

3 Days on Market

Highlights

  • Property is near a park
  • No HOA
  • 2-minute walk to Washington Park
  • Center Street Elementary Rated A+
  • Laundry Room

About This Home

As of December 2023

Attractive opportunity in the highly desirable community of El Segundo. 1633 and 1637 Maple Ave. are two side-by-side 6 unit buildings (asking price includes both buildings). Ideal mix composed of 12 two bedroom, one bath units all of which are separately metered. Newly painted exterior, doors and railings and new Mansard roofs. Decks and stairs recently resurfaced. All windows have been retrofitted for sound. Each unit has one covered garage space. Two laundry rooms on site for the tenants convenience. Downstairs 6 units with air conditioning. Close to public transportation and parks and conveniently located near freeways and restaurants. Contact listing agent regarding ADU potential and calculation of net operating income.

Last Agent to Sell the Property

Marsha Peters

Vista Sotheby’s International Realty License #01021854 Listed on: 09/08/2023

Vista Sotheby’s International Realty

Last Buyer's Agent

Brian Estes

Re/Max Commercial & Investment License #01394559

Re/Max Commercial & Investment

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls
  • 4139017014

Parking

  • 12 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 8,064 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 10 / 107
  • Tax Tract Number 6200
  • Assessor Parcel Number 4139017015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 12 Leased Units
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $289,200
  • Net Operating Income $161,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

12

Listing Details

  • Other Phone Description: 3107299526
  • Price Per Unit: 433333
  • Property Attached: Yes
  • Zoning: ESR3*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 4139017015
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: street
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 589.04

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 12.00
  • Total Parking Spaces: 12.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 4139017014
  • Land Lease: No
  • Lot Features: Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 12311.00
  • Lot Size Acres: 0.2826

Multi Family

  • Gross Income: 289200.00
  • Gross Scheduled Income: 266905.00
  • Laundry Income: 1989.00
  • Lot Size Area: 12311.0000 Square Feet
  • Net Operating Income: 161080.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 105825.00
  • Rent Control: No

Tax Info

  • Tax Block: 107
  • Tax Census Tract: 6200.01
  • Tax Lot: 10
  • Tax Tract Number: 6200

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $4,750,000 -8.7% $589 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $5,200,000 -- $645 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23161335

California Regional Multiple Listing Service (CRMLS)