4934 Maplewood Ave 10BR Mid Wilshire La
4934 Maplewood Ave
LOS ANGELES, CA 90004
Listing
| Web ID: | 5739576 |
|---|---|
| Website: | https://www.nestseekers.com/5739576 |
Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 10 BR |
| Bathrooms: | 10 |
| Area: | 7261 sq ft |
| Lot Size: | 0.2 Acres |
Financials
Price:$1,925,000
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.
Location
Contact
Listing Courtesy of Redpoint Realty