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Executive Summary

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 Facts

Price $1,488,370 CAD
Price Per Unit $744,185 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
  • Multifamily Dormitory
Building Size 1,909 SF
No. Stories 2
Year Built 1924
Zoning R3 - R3- Multiple-Unit Zoning, may allow development of 8+ units or potentially more. (Buyer to independently verify with the City of Los Angeles.)

Amenities

Unit Amenities

  • Fireplace
  • Storage Space
  • Washer/Dryer Hookup
  • Kitchen
  • Tub/Shower
  • Yard
  • Basement
  • Dining Room
  • Family Room
  • Porch

Site Amenities

  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+2 2 - -
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
5521-021-013
Land Assessment
$74,965 CAD
Improvements Assessment
$33,893 CAD
Total Assessment
$108,859 CAD
  • Listing ID: 40740208

  • Date on Market: 2026-06-01

  • Last Updated:

  • Address: 4458 Maplewood Ave, Los Angeles, CA 90004

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