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$ 1,189,000
Est. payment | /mo
4 Beds
4 Baths
2,108 SqFt
$ 1,189,000
Est. payment | /mo
4 Beds
4 Baths
2,108 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,108 sqft
Price per Sqft $564
MLS Listing ID 25577259
Bedrooms 4
HOA Y/N No
Year Built 1922
Lot Size 6,233 Sqft
Property Description
Exceptional income property in the heart of Koreatown! 4504 & 4506 W Maplewood Ave offers two well-maintained units on a large 6,231 sq ft lot, with current rents at market rates and multiple opportunities to add value. The front unit spans approximately 1,300 sq ft and features 2 spacious bedrooms and 2 bathrooms, an open living and dining area, and a bright, updated kitchen. The rear unit is approximately 800 sq ft and also offers 2 bedrooms and 2 bathrooms, providing versatility for tenants or an owner-user setup.A detached garage sits at the rear of the property, creating the perfect opportunity to convert to an ADU for additional rental income or to serve as a private guest suite. The generous lot size also opens the door for possible new construction or redevelopment, making this an ideal choice for investors, developers, or those seeking to maximize returns in one of Los Angeles' most dynamic neighborhoods.Situated on a quiet, tree-lined street, the property is surrounded by an endless array of dining, coffee, and shopping destinations. Enjoy world-class Korean BBQ, craft coffee at local favorites like Go Get Em Tiger, boutique bakeries, and diverse restaurants offering flavors from around the globeall within minutes. Nearby Larchmont Village, DTLA, and Hollywood add even more options for entertainment, culture, and nightlife.Commuters and renters alike will appreciate the easy access to the Wilshire corridor, Metro Purple Line stations, and major freeways, connecting you to the rest of the city with ease. With strong rental demand, vibrant surroundings, and built-in expansion potential, this property is a rare find in a high-demand rental market. Whether you're looking to hold as a steady income producer, add units through ADU conversion, or develop a new project, 4504 & 4506 W Maplewood Ave delivers on location, lifestyle, and long-term upside.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher
Laundry Stacked
Exterior
Parking Features Uncovered
Total Parking Spaces 5
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5521020011
Special Listing Condition Standard
Listed by Matthew Chang Keller Williams Realty Los Feliz