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$ 1,075,000
Est. payment /mo
Open Sat 11AM-2PM
4458 Maplewood Avenue Los Angeles, CA 90004
4 Beds
2 Baths
6,523 Sqft Lot
Open House
Sat May 23, 11:00am - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26109329
Bedrooms 4
Lot Size 6,523 Sqft
Property Sub-Type Res Income 2-4 Units
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!"
Location
State CA
County Los Angeles
Zoning Assessor
Direction Turn left onto N. Normandie Ave, turn right onto W. Maplewood Ave, and the destination will be on the left.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5521021013
Acceptable Financing Cash
Listing Terms Cash
Listed by Zoram Luna, DRE#01743140 REALTY MASTERS & ASSOCIATES
NEARBY SCHOOL & BUSINESS