4934 Maplewood Avenue
Property Overview
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.
Home Details
- Property type
- Residential Income
- Year built
- 1961
- Living area
- 7,094 sq ft
- Lot size
- 7,261 sq ft
- Parking
- 8 spaces
- Stories
- 2
- Days on market
- 0
- MLS status
- Active
- Architectural style
- MidCenturyModern
- Zoning
- LAR3
Features & Amenities
Parking
- Assigned
Pool
- None
Security
- Gated Community
- Smoke Detectors
Community, Schools & Utilities
Community
- Fireplace
- Yes
- View
- CityLights
Utilities
- Heating
- WallFurnace
- Sewer
- Other
Location & Neighborhood
Frequently Asked Questions About 4934 Maplewood Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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