4934 Maplewood Ave, Los Angeles, CA 90004
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4934 Maplewood Ave, Los Angeles, CA 90004
4934 Maplewood Ave, Los Angeles, CA 90004
4934 Maplewood Ave, Los Angeles, CA 90004
4934 Maplewood Ave, Los Angeles, CA 90004
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$ 1,925,000
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4934 Maplewood Ave Los Angeles, CA 90004

10 Beds

10 Baths

7,094 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,094 sqft

Price per Sqft $271

MLS Listing ID 26986331

Style Mid-Century

Bedrooms 10

Year Built 1961

Lot Size 7,261 Sqft

Acres 0.1667

Property Sub-Type Multi-Family

Property Description

4934 W Maplewood Ave is a fully stabilized, 100%-occupied 8-unitmultifamily investment opportunity ideally situated in a highly desirable pocket immediately adjacent to Hancock Park, one of Los Angeles' most prestigious and enduring residential neighborhoods. Built in 1961,the Property is a well-maintained, two-story courtyard-style apartment building totaling approximately 7,094 square feet on a 7,261 square foot, LAR3-zoned lot. The unit mix consists of six one-bedroom/one-bath residences and two spacious two-bedroom/one-and-a-half-bath residences, served by onsite gated carport parking. Residents enjoy exceptional walkability (Walk Score of 92/100) to the shops, cafes, and boutiques of Larchmont Village, the tree-lined estates of Hancock Park and Windsor Square, and the retail corridors along Melrose and Western Avenues, with convenient access to Koreatown, Hollywood, and Downtown Los Angeles. With in-place rents below prevailing market levels for this submarket, he Property presents an investor with a rare combination of stable current income and long-term upside as leases roll to market over time, n one of the Westside-adjacent corridor's most supply-constrained residential pockets.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Flooring Mixed, Other, Laminate

Fireplaces Type Bath, Electric, Gas, Kitchen, Primary Bedroom

Equipment Range/Oven, Other

Laundry Community

Exterior

Parking Features Assigned

Garage Spaces 8.0

Pool None

Waterfront Description None

View Y/N Yes

View City, Other

Roof Type Asphalt

Building

Story 2

Foundation Pillar/Post/Pier, Other

Sewer In Street

Water Public

Architectural Style Mid-Century

Level or Stories Two

Structure Type Stucco

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Redpoint Realty
Sharon Baluku
Sharon Baluku

Agent License ID: 02203810

+1(323) 381-0266 | sharon@omwoyo.com

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4934 Maplewood Ave