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4501 Maplewood Ave, Los Angeles, CA 90004
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4501 Maplewood Ave Los Angeles, CA 90004

$1,045,000 Sold Price as of 01/19/2024
  • 6 Beds
  • 4 Baths
  • 3,192 Sq.Ft.
Sold
$1,045,000 Sold Price as of 01/19/2024 Refinance Your Mortgage
Map preview of 4501 Maplewood Ave, Los Angeles, CA 90004

Property Overview: 4501 Maplewood Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,192 living square feet and 6,646 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this delightful four-plex nestled on a tranquil tree-lined street, adjacent to the highly sought-after Larchmont, K-Town and Hollywood. This rare gem offers 2 detached buildings which consist of two distinct 2-bedroom, 1-bathroom units, two distinct 1-bedroom, 1-bathroom units, each exuding a warm and inviting atmosphere for comfortable living. Well-appointed kitchens. Located on a spacious 6,646 sq ft lot, offering room for potential expansion or additional development. The 2 car garage is not occupied by any of the tenants and has potential for ADU. Lots of new construction in the immediate area. Residents enjoy easy access to the 101 and freeways, shops and restaurants.

Listed by Nima Tehrany | BRE #01305628 | Compass
Co-listed by James Baulding Jr. | BRE #02146765 | Compass
Last checked: 3 minutes ago | Last updated: January 20th, 2024 | Source CRMLS | DOM: 51

Home details

Lot Sq. Ft
6,646
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
23322243
City
Los Angeles
County
Los Angeles
Time on Site
338 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,352
  • Total Rent: $1,352
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,354
  • Total Rent: $1,354
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.7%
  • Gross Rent Multiplier: 14.1
  • Gross Scheduled Income: --
  • Net Operating Income: $47,185
  • Gross Operating Income: $70,812
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $7,787
  • Insurance: $1,758
  • Maintenance: $4,417
  • Professional Management: $3,000
  • Other Expenses: $262

Property Details for 4501 Maplewood Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Two Door, Driveway, Tandem Garage
Lot Information
  • Lot Size Source: Appraiser
Property Information
  • Total # of Units: 4
  • Parcel Number: 5521009012
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: West on Maplewood Ave. from Ardmore Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 4501 Maplewood Ave

Last sold for $1,045,000 on January 19th, 2024

  • January, 2024

  • Jan 19, 2024

    Date

    Sold

    CRMLS: 23322243

    $1,045,000

    Price

  • Oct 17, 2023

    Date

    Active

    CRMLS: 23322243

    $999,000

    Price

  • April, 2023

  • Apr 1, 2023

    Date

    Expired

    CRMLS: 22203779

    $1,295,000

    Price

  • Sep 2, 2022

    Date

    Active

    CRMLS: 22203779

    $1,595,000

    Price

  • Listing provided courtesy of CRMLS

    Four-Unit Multi-family - 2 Detached buildings plus 2 car garage and huge driveway. These buildings sit on a large lot that is ideally located in Mid-Wilshire neighboring Larchmont, Melrose Hill, Koreatown, Hollywood, and several other LA destinations with easy access to the 101-Freeway for mobility throughout the city. Current leases are month-month with all units occupied by respectful and reliable tenants. A perfect investment property where value can be added with modest renovations and rent increases. Please call or email to inquire on existing rent roll and expenses.

  • December, 2009

  • Dec 1, 2009

    Date

    Sold (Public Records)

    Public Records

    $509,000

    Price

  • August, 2008

  • Aug 6, 2008

    Date

    Sold (Public Records)

    Public Records

    $673,200

    Price

Show More

Tax History for 4501 Maplewood Ave

Assessed Value (2020): $600,759
Year Land Value Improved Value Assessed Value
2020 $413,097 $187,662 $600,759

Home Value Compared to the Market

This property vs the competition

4501 Maplewood Ave sold on January 19, 2024 for 10.8% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $312.97 per/sqft which puts the price per square foot 56.77% lower than the current median sale per square foot for the city of Los Angeles.

About 4501 Maplewood Ave

Detailed summary of property

4501 Maplewood Ave is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,192 living square feet, and sits on an approximately 6,646 square foot lot. 4501 Maplewood Ave was first listed on ArdentRealEstateGroup.com on October 17, 2023. The homeowner sold the property for $1,045,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 10.8% lower than the current median priced home. Local homes that are currently for sale include 1119 N Heliotrope Dr, 1211 N Normandie Ave and 1223 N Normandie Ave. While the average home in Los Angeles, CA is selling in 106 days, 4501 Maplewood Ave has a days on market of 51 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 4501 Maplewood Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4501 Maplewood Ave

Public county record property details
Beds
4
Baths
4
Year built
1924
Sq. Ft.
3,192
Lot Size
6,646
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5521-009-012

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,500,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
79
Median Sale to List Price %
95.18%
Avg Days on Market
39
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (22.22%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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