Listing Agent: Zoram Luna      Broker/Office: REALTY MASTERS & ASSOCIATES
4458 Maplewood Avenue Los Angeles CA 90004
$ 1,075,000
  4   |    2   |    1909 Sq Feet

Listing ID

#CV26109310

Status

Coming Soon

Property Type

Single Family Residence

County

Los Angeles

Year Built

1924

Days on website

2

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
Financial Information
List Price:  $ 1075000
Property Features
Accessibility Features:  Parking
Appliances:  Refrigerator
Community Features:  Curbs, Sidewalks, Urban
Fencing:  Wood
Flooring:  Carpet, Tile, Wood
High School District:  Los Angeles Unified
Laundry Features:  Inside
Levels:  Two
Lot Features:  Landscaped, Lawn, Paved, Trees, Yard
Parking Features:  Driveway, Paved
Property Condition:  Fixer
Road Surface Type:  Paved
Senior Community YN:  false
Structure Type:  House
View:  Neighborhood
Water Source:  Public
Window Features:  Blinds
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  C17 - Mid-Wilshire
City:  Los Angeles
Listed By:   Zoram Luna   REALTY MASTERS & ASSOCIATES 
CA Lic#