4458 Maplewood Avenue, Los Angeles, California, United States, 90004
1,000,000
for Sale
6,523
About the 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!"
- Property Type:
- Single Family Residence
- Status:
- for Sale
- Acres:
- 0.1497
- Square Feet:
- 1909
- Directions:
- Turn left onto N. Normandie Ave, turn right onto W. Maplewood Ave, and the destination will be on the left.
- Is Art:
- Yes
- Is Apartment:
- Yes
- Is Investment:
- Yes
- Is Multiple:
- Yes
- Is Market:
- Yes
- Is Media:
- Yes
- Is Unit:
- Yes
- Listing ID:
- CV26109329
Rooms
Dimensions
Brokered by:
Realty Masters & Associates
Presented By: