4458 Maplewood Avenue, Los Angeles, CA 90004
- $1,000,000
- 4
- BD
- 2
- BA
- 1,909
- SqFt
List Agent Zoram Luna () REALTY MASTERS & ASSOCIATES; CoList ()
- List Price
- $1,000,000
- Price Change
- ▼ $25,000 1784964400
- Status
- ACTIVE
- MLS#
- CV26109310
- Year Built
- 1924
- Bedrooms
- 4
- Bathrooms
- 2
- Living Sq. Ft
- 1,909
- Lot Size
- 6,523
- Lot Location
- Back Yard, Front Yard, Lawn, Landscaped, Paved, Trees, Yard
- Days on Market
- 69
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels
Property 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!"
Additional Information
- Other Buildings
- Shed(s)
- Appliances
- Gas Cooktop, Gas Oven, Refrigerator
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- None
- Cooling Description
- None
- View
- Neighborhood
- Patio
- Rear Porch, Front Porch
- Garage Spaces Total
- 1
- Sewer
- Public Sewer
- Water
- Public
- School District
- Los Angeles Unified
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.