4458 Maplewood Avenue, Los Angeles, CA 90004
List Price: $1.07M
Listing Status: Active
0Days on Market: 1
4 Bedrooms · 2 Bathrooms · 1,909 sq ft
Property Type: Residential
Year Built: 1924
Lot Size: 6,523 sq ft
Garage Spaces: 1
Private Pool: Yes
MLS Number: CV26109310
About This Property
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!"
Listing provided by: Zoram Luna DRE #01743140 909-303-4500 HOMES@zoraminc.com, REALTY MASTERS & ASSOCIATES
Source: CRMLS, MLS #: CV26109310