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Kari Wheeler

wheelerranchrealty@gmail.com +1(530) 693-1777

$ 1,925,000

Est. payment | -/mo

10 Beds

10 Baths

7,094 SqFt

Save

$ 1,925,000

Est. payment | -/mo

Save

10 Beds

10 Baths

7,094 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,094 sqft

Price per Sqft $271

MLS Listing ID 26986331

Bedrooms 10

HOA Y/N No

Year Built 1961

Lot Size 7,261 Sqft

Property 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

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR3

Interior

Heating Wall Furnace

Flooring Laminate

Fireplaces Type Bath, Electric, Gas, Kitchen

Fireplace Yes

Laundry Common Area

Exterior

Parking Features Assigned

Pool None

Community Features Gated

View Y/N Yes

View City Lights

Total Parking Spaces 8

Private Pool No

Building

Story 2

Entry Level Two

Foundation Pillar/Post/Pier

Sewer Other

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5522018019

Security Features Gated Community,Smoke Detector(s)

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Jae Chang Redpoint Realty #01752717

Schools and Properties Nearby

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+1(530) 693-1777

wheelerranchrealty@gmail.com

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4934 Maplewood AVE Los Angeles, CA 90004