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$3950000   Price Analysis
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4942 Maplewood Ave
Los Angeles, CA 90004
15 bed 9 bath 7475 SqFt ($528/SqFt)
7260SqFt lot. Built 1987
Listed 2024-05-03, Taxes $34437
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Built in 1987

This 9-unit apartment building stands as an excellent investment opportunity in the heart of vibrant Los Angeles. Nestled within a bustling urban center, it offers a quiet and well-maintained space, appealing to seasoned investors and newcomers alike. Conveniently situated near major transportation hubs, shopping centers, dining hotspots and cultural attractions, the property boasts an unbeatable location. Each unit is thoughtfully designed to maximize space and comfort, featuring light-filled rooms and stylish finishes. With a diverse mix of unit sizes, there's something to suit every tenant's needs. On-site amenities enhance the overall living experience, ensuring long-term tenant satisfaction. With a strong rental history and potential for further income growth, this investment property presents an exceptional opportunity to capitalize on the thriving rental market in one of the world's most populous cities. Don't miss your chance to own a piece of prime real estate in this sought-after neighborhood. Schedule a viewing today to seize the opportunity to add this lucrative asset to your investment portfolio. Bonus: Not a Rent Stabilized Property!!

Contact Agnt regarding l oan assumability!!


Presented by Jessica Schrobilgen at
Berkshire Hathaway HomeServices.
Listing Agent Photo

Property MLS #24-386727 from TheMLSCLAW

Bedrooms: 15

Total Bathrooms: 9
Full Bathrooms: 9

Cooling Features: Wall Unit(s)
Heating Features: Wall

Lot Size Acres: 0.1666667
Lot Size Dimensions: 50x145
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7260

Garage Description: Controlled Entrance, Covered Parking
Parking Total: 16

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 9
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1.5, 1 SquareFeet: 2382, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 2450, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 2500, 4 BedsTotal: 2, 4 BathsTotal: 1, 4 SquareFeet: 2445, 5 BedsTotal: 2, 5 BathsTotal: 1, 5 SquareFeet: 2495, 6 BedsTotal: 2, 6 BathsTotal: 1, 6 SquareFeet: 2700, 7 BedsTotal: 2, 7 BathsTotal: 1, 7 SquareFeet: 2450, 8 BedsTotal: 1, 8 BathsTotal: 1, 8 SquareFeet: 1950, 9 BedsTotal: 1, 9 BathsTotal: 1, 9 SquareFeet: 1846

Source Listing Status: Active
County: Los Angeles
Directions: North of Beverly, South of Melrose, East of Wilton, West of Western
Source Property Type: Residential Income
Area: Hancock Park-Wilshire
Source Neighborhood: Hancock Park-Wilshire
Parcel Number: 5522-018-021
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1115517 + $1729053
$2844570
$34437
2021$1093645 + $1695150
$2788795
$33998
2020$1082432 + $1677769
$2760201
$34342
2019$1061208 + $1644872
$2706080
$32993
2018$1040400 + $1612620
$2653020
$32826
2017$1020000 + $1581000
$2601000
$32080
2016$1061039 + $594182
$1655221
$20665
2015$1045102 + $585257
$1630359
$20371
2014$1024630 + $573793
$1598423
$20485
2013$1020000 + $571200
$1591200
$20470
2012$1400000 + $560000
$1960000
$25803
2010$270000 + $930000
$1200000
$18726
2009$612000 + $1224000
$1836000
$23329
2009$400000 + $1000000
$1400000
$23329
2008$600000 + $1200000
$1800000
$22338
2007$390040 + $344154
$734194
$9414

Listed 2024-05-03
$3950000
TheMLSCLAW
Listing removed 2021-03-09
$0
AppfolioUnits
Listing removed 2021-03-09
$0
AppfolioUnits
Listed for rent 2021-02-14
$1532
AppfolioUnits
Listed for rent 2021-02-14
$2057
AppfolioUnits
Listing removed 2020-11-12
$0
TheMLSCLAW
Listed for rent 2020-11-11
$2103
TheMLSCLAW
Listing removed 2020-11-10
$2103
TheMLSCLAW
Listed for rent 2020-09-19
$2103
TheMLSCLAW
Listing removed 2017-03-30
$1995
TheMLSCLAW
Listing removed 2017-03-18
$1995
TheMLSCLAW
Listed for rent 2017-03-17
$1995
TheMLSCLAW
Listed 2017-03-17
$1995
TheMLSCLAW
Sold 2016-06-03
$2550000
Public Record
Sold 2011-12-30
$1560000
Public Record
Listing removed 2011-11-23
$1650000
TheMLSCLAW
Listing removed 2011-11-20
$1650000
ITECH
Listed 2011-05-20
$1650000
ITECH
Listed 2011-05-20
$1650000
TheMLSCLAW
Sold 2007-10-24
$1800000
ITECH
Listed 2007-07-16
$1999000
ITECH
Listing removed 2005-10-12
$1849000
ITECH
Listed 2005-04-11
$1849000
ITECH
Sold 2000-02-25
$243000
Public Record
Sold 1999-11-05
$475000
ITECH
Listed 1999-02-18
$499000
ITECH
Sold 1988-03-31
$650000
Public Record
Sold 1986-03-27
$120000
Public Record
Sold 1984-02-28
$105000
Public Record

Net Operating Income: 121653

Total Square Feet Living: 7475
Year Built: 1987
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 37
Levels or Stories: 2
Building Total Stories: 2
House Style: Contemporary
Year Built Source: Vendor Enhanced
Architectural Style: Contemporary

Other Equipment: Range/Oven

Van Ness Avenue Elementary School is a public elementary school located approximately 0.3 miles away.
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Joseph Le Conte Middle School is a public middle school located approximately 1.1 miles away.
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Fairfax Senior High School is a public high school located approximately 2.8 miles away.
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Beverly Christian Academy, Inc. is a private elementary school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.