4458 Maplewood Avenue,Los Angeles, CA 90004
Los Angeles, CA 90004
Description
Exceptional Investment Opportunity ! First Time on the Market in Over 50 Years! Strategically located in the rapidly evolving East Hollywood / Mid-Wilshire corridor of Los Angeles, this rare offering presents significant upside potential for investors and developers alike. Situated on a generously sized lot with R3 Multiple-Unit Zoning, the property offers substantial redevelopment opportunities in one of Los Angeles' most active rental and multifamily growth markets. Current zoning may allow for the development of 8+ units or potentially more (Buyer to independently verify with the City of Los Angeles). Ideal for a value-add investor seeking to reposition and convert the property into a multifamily apartment development capable of generating strong long-term cash flow and appreciation. The surrounding area continues to experience increasing rental demand, ongoing development activity, and rising market values. Additionally, the property offers flexibility as a long-term hold investment for buyers not immediately pursuing redevelopment. Vacant and ready for immediate acquisition and repositioning. This is a rare opportunity to secure a high-potential asset in one of Los Angeles' most dynamic and growth-oriented submarkets. Property to be SOLD "AS-IS, WHERE-IS!"
Details
| MLS # | CV26109310 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 114 |
| Listing Provided By | REALTY MASTERS & ASSOCIATES | Zoram Luna |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,909 |
| Garage | 1 |
| Story(s) | 2 |
| Units | 1 |
| Zoning | R-3 |
| Acreage | 0.15 |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
| Interior Features | Ceiling Fans, Separate Formal Dining Room, Bedroom On Main Level |
| Window Features | Blinds |
| Appliances | Gas Cooktop, Gas Oven, Refrigerator |
| Fireplace Yes / No | Yes |
Exterior
| Lot Features | Back Yard, Front Yard, Lawn, Landscaped, Paved, Trees, Yard |
|---|---|
| Fencing | Chain Link, Wood, Wrought Iron |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Paved, Rv Access Parking |
| Garage Yes / No | Yes |
Utilities
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Storm Drains, Street Lights, Sidewalks, Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90004 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90004) | |
Price: $1,000,000 low | high Med: $1,750,000 sqft: 1,909 low | high Med: 4,145 $ / sqft: $524 low | high Med: $422 On site: 114 low | high Med: 35 | |
Market Activity 90004
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90004 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90004) | |
Price: $1,000,000 low | high Med: $1,750,000 sqft: 1,909 low | high Med: 4,145 $ / sqft: $524 low | high Med: $422 On site: 114 low | high Med: 35 | |
