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4942 Maplewood Ave, Los Angeles, CA 90004
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4942 Maplewood Ave Los Angeles, CA 90004

$3,950,000
  • 16 Beds
  • 9 Baths
  • 7,475 Sq.Ft.
For Sale
$3,950,000 Get Pre-Qualified
Map preview of 4942 Maplewood Ave, Los Angeles, CA 90004

Property Overview: 4942 Maplewood Ave Los Angeles, CA has 16 bedrooms, 9 bathrooms, 7,475 living square feet and 7,260 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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 Agent regarding loan assumability!!

Listed by Jessica Schrobilgen | BRE #01264586 | Berkshire Hathaway HomeServices California Properties
Last checked: 5 minutes ago | Last updated: September 12th, 2024 | Source CRMLS | DOM: 148

Home details

Lot Sq. Ft
7,260
HOA Dues
$0/mo
Year built
1987
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24386727
City
Los Angeles
County
Los Angeles
Time on Site
147 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,545
  • Total Rent: $2,545
  • Pro Forma/Market Rent: $2,545
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,382
  • Total Rent: $2,382
  • Pro Forma/Market Rent: $2,382
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,996
  • Total Rent: $1,996
  • Pro Forma/Market Rent: $1,996
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $2,550
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,595
  • Total Rent: $2,595
  • Pro Forma/Market Rent: $2,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.29%
  • Gross Rent Multiplier: 15.12
  • Gross Scheduled Income: --
  • Net Operating Income: $130,053
  • Gross Operating Income: $261,216
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4942 Maplewood Ave

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Property Details for 4942 Maplewood Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Controlled Entrance, Covered
Property Information
  • Total # of Units: 9
  • Parcel Number: 5522018021
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Beverly, South of Melrose, East of Wilton, West of Western
View more facts & features

Local Los Angeles Agent

Sale History for 4942 Maplewood Ave

Last leased for $2,103 on November 10th, 2020

  • May, 2024

  • May 3, 2024

    Date

    Active

    CRMLS: 24386727

    $3,950,000

    Price

  • November, 2020

  • Nov 10, 2020

    Date

    Leased

    CRMLS: 20635080

    $2,103

    Price

  • Sep 19, 2020

    Date

    Active

    CRMLS: 20635080

    $2,103

    Price

  • Listing provided courtesy of CRMLS

    SAFE & QUIET HANCOCK PARK AREA ! REMODELED 1987 APARTMENT , REMODELED 2BED+1BATH , INCLUDING WASHER&DRYER , REFRIGERATOR , GAS RANGE ,WOOD FLOOR , CORIAN COUNTERTOP , 2 GATED PARKINGS , SMALL PETS OK

  • September, 2020

  • Sep 17, 2020

    Date

    Leased

    CRMLS: 20620320

    $2,195

    Price

  • Aug 18, 2020

    Date

    Active

    CRMLS: 20620320

    $2,195

    Price

  • Listing provided courtesy of CRMLS

    NICE HANCOCK PARK AREA , BUILT IN 1987 AND REMODELED , 2BED+1BATH , WOOD FLOOR , WASHER & DRYER INCLUDED , REFRIGERATOR & GAS RANGE INCLUDED , 2 GATED SIDE BY SIDE PARKINGS , SMALL PETS OK

  • April, 2018

  • Apr 3, 2018

    Date

    Leased

    CRMLS: 18323926

    $2,150

    Price

  • Mar 26, 2018

    Date

    Price Change

    CRMLS: 18323926

    $2,350

    Price

  • Mar 16, 2018

    Date

    Active

    CRMLS: 18323926

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    "BUILT IN 1987" SUNNY AND BRIGHT 2BED+1.5BATH REMODELED KITCHEN & BATH WITH QUARTS COUNTER TOP , NEW STAILESS SINK , NEW WASHER & DRYER , NEW LIGHTING ,NEW GAS RANGE ,NEW PAINT , WOOD FLOOR , 2 GATED PARKINGS , SECURITY CAMERAS ,2 STORY T/H FLOOR PLAN , SMALL PETS OK

  • June, 2016

  • Jun 3, 2016

    Date

    Sold (Public Records)

    Public Records

    $2,550,000

    Price

  • December, 2011

  • Dec 30, 2011

    Date

    Sold (Public Records)

    Public Records

    $1,560,015

    Price

Show More

Tax History for 4942 Maplewood Ave

Assessed Value (2020): $2,760,201
Year Land Value Improved Value Assessed Value
2020 $1,677,769 $1,082,432 $2,760,201

Home Value Compared to the Market

This property vs the competition

4942 Maplewood Ave is listed 229.17% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $528.43 per/sqft which puts the price per square foot 31.46% lower than the median price per square foot for the city of Los Angeles.

About 4942 Maplewood Ave

Detailed summary of property

4942 Maplewood Ave is a multi family located in Los Angeles, CA 90004 and is currently for sale. This multi family property offers 16 bedrooms, 9 bathrooms, roughly 7,475 living square feet, and sits on an approximately 7,260 square foot lot. 4942 Maplewood Ave was first listed on ArdentRealEstateGroup.com on May 3, 2024. The homeowner is currently asking $3,950,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 229.17% higher than the median priced home. Local competing homes currently for sale include 1184 N Normandie Ave, 6042 Barton Ave and 5200 Hollywood Blvd. While the average home in Los Angeles, CA is selling in 106 days, 4942 Maplewood Ave has a days on market of 148 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 4942 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 4942 Maplewood Ave

Public county record property details
Beds
18
Baths
9
Year built
1987
Sq. Ft.
7,475
Lot Size
7,258
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
177
APN
5522-018-021

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
$1,488,000
Median List Price/Sq.Ft.
$792
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
85
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%)

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(714) 706-1823

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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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