4934 Maplewood Avenue, Los Angeles, CA 90004

$1,925,000
10
BD
10
BA
7,094
SqFt

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Listing courtesy of Listing Agent: Jae Chang (jchangredpoint@gmail.com) from Listing Office: Redpoint Realty.

List Price
$1,925,000
Status
ACTIVE
Days on Market
0
MLS#
26986331
Subtype
Residential Income
Style
Mid-Century Modern
Year Built
1961
Bedrooms
10
Bathrooms
10
Living Area
7,094
Lot Size
7,261
Acres
0.17
MLS Area Major
Hancock Park-Wilshire (C18)

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

Property Description
Mid-Century Modern
Zoning
LAR3
Flooring
Laminate
Heating
Wall Furnace
Exterior Construction
Stucco
Stories
Two Levels
Levels
Two
Pool Type
None
Parking Features
Assigned
View
City Lights

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.