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… Read More 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. Read Less
Courtesy of Redpoint Realty 213-380-1500
Listing Snapshot
Days Online
20
Last Updated
Property Type
Other
Beds
10
Square Ft.
7,094
Lot Size
0.17 Acres
Year Built
1961
MLS Number
26986331
Additional Details
Appliances & Equipment
Range/Oven, Other
Building
7,094 sq ft, Built in 1961, Levels: Two Level, Attached, Mid-Century
Cooling
Wall Unit(s)
Disclosures
As Is, Rent Control, LA/Owner Related, City Inspection Record Search Only, Termite - Report Only, Trust/Conservatorship
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