4934 Maplewood Ave, Los Angeles, CA 90004
- $1,925,000
- 10
- BD
- 10
- BA
- 7,094
- SqFt
- List Price
- $1,925,000
- MLS#
- 26986331
- Year Built
- 1961
- Bedrooms
- 10
- Bathrooms
- 10
- Living Sq. Ft
- 7,094
- Lot Size
- 7,261
- Days on Market
- 2
- Property Type
- Multifamily
- Style
- Mid-Century
- Stories
- 2
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.
Additional Information
- Other Buildings
- None
- Pool Description
- None
- Heat
- Wall
- Cooling
- Wall Unit(s)
- View
- City, Other
- Exterior Construction
- Stucco
- Number of Cars in Garage
- Assigned
- Water
- Public
Mortgage Calculator
Courtesy of Redpoint Realty, Jae Chang - CA DRE#01752717
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