4458 Maplewood Avenue, Los Angeles, CA 90004
- $1,000,000
- 4
- BD
- 2
- BA
- 1,909
- SqFt
- 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
- Acres
- 0.15
- Lot Location
- Back Yard, Front Yard, Lawn, Landscaped, Paved, Trees, Yard
- Days on Market
- 66
- 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!"
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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
- Interior Features
- Ceiling Fan(s), Separate/Formal Dining Room, Bedroom on Main Level
- Attached Structure
- Detached
- Number Of Units Total
- 1
Listing courtesy of Listing Agent: Zoram Luna (HOMES@zoraminc.com) from Listing Office: REALTY MASTERS & ASSOCIATES.
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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.