$ 1,075,000
-
$1,075,000
Price -
4
Bed -
2
Bath -
1,909
SqFt
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About the Listing 51548 - CV36208
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 Highlights
Status
Active
Days on Site
15
Property Type
Residential
MLS ®
CV26109310
Year Built
1924
Total Square Footage
1,909
Lot/Acreage
0.15
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Gas Cooktop, Gas Oven, Refrigerator
- Air Cond:
- Heating:
- Fireplaces: Living Room
- Floor: Carpet,Tile,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Separate/Formal Dining Room,Bedroom on Main Level
- Water: Public
Exterior Details
- Lot Description: Back Yard,Front Yard,Lawn,Landscaped,Paved,Trees,Yard,No Land Lease
- Garage Capacity: 1 car
- Parking Spaces: 1
- Zoning: R-3
- Roof:
- Others: Fixer
- Sewer: Public Sewer
- Parking Features: Driveway,Paved,RV Access/Parking
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5521021013
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
4458 Maplewood Ave Los Angeles, CA 90004
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