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$1,925,000

FOR SALE
Active

4934 Maplewood Avenue

Los Angeles, CA

MLS# 26986331

7,094 Sq Ft10bd • 10ba
57 days on marketNalren refreshed

Listing Agent

Jae Chang

Listing Agent

Redpoint Realty

DRE #: 01752717

(213) 380-1500

Brokerage: Redpoint Realty

Property Details

10

Bedrooms

10

Bathrooms

7,094 sqft

Square Feet

1961

Year Built

7,261 sqft

Lot Size

$271

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

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.

Facts & Features

Interior

Fireplace
Yes
Laundry Features
Community Laundry
Flooring
Laminate

Exterior

Private Pool
No

Building

Year Built
1961
Living Area
7,094 sqft
Architectural Style
Mid Century Modern
Building Area Total
7,094
Levels
Two
Stories Total
2

Utilities

Heating
Wall Furnace
Sewer
Other

Parking

Parking Features
Assigned
Parking Total
8

Community / HOA

HOA
No

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