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In-PersonVirtual Tour
$1,099,000
Est. payment /mo
4 Beds
2,108 SqFt
Open House
Sun Jun 21, 12:00pm - 1:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,108 sqft
Price per Sqft $521
MLS Listing ID CL26847607
Bedrooms 4
HOA Y/N No
Year Built 1922
Lot Size 6,233 Sqft
Acres 0.14
Property Sub-Type OTHER
Property Description
VACANT AT CLOSE OF ESCROW! Exceptional opportunity to acquire a fully vacant duplex in the heart of Koreatown, offering immediate flexibility for investors, owner-users, and developers alike. Situated on a generous 6,231 sq ft lot, 4504 & 4506 W Maplewood Ave features two well-maintained units with significant income and development potential.The front residence offers approximately 1,300 square feet with 2 bedrooms and 2 bathrooms, featuring spacious living areas, abundant natural light, and functional living spaces. The rear residence is approximately 800 square feet and also includes 2 bedrooms and 2 bathrooms, providing an ideal layout for rental income, multigenerational living, or an owner-user seeking supplemental income.One of the property's most attractive features is that it will be delivered completely vacant, allowing the next owner to lease both units at market rents, occupy one or both units, renovate and reposition the asset, or pursue redevelopment opportunities from day one. The detached garage presents excellent ADU conversion potential for additional income, while the large lot may offer future expansion or development possibilities for those looking to maximize the property's value.Located on a quiet residential street in one of Los Angeles' most sought-after rental markets, the property is surrounded by an incredible collection of restaurants, cafes, and neighborhood amenities. Enjoy easy access to Koreatown's renowned dining scene, including popular Korean BBQ destinations, trendy cafes, bakeries, and nightlife. Nearby Larchmont Village offers charming boutiques, restaurants, and coffee shops, while Downtown Los Angeles, Hollywood, and Hancock Park are just minutes away.Conveniently positioned near major transportation corridors, Metro stations, and employment centers, this location continues to attract strong tenant demand and long-term appreciation. Whether you're seeking a value-add investment, an owner-user opportunity, an ADU project, or a future development site, this vacant duplex offers endless possibilities in one of Los Angeles' most vibrant and centrally located neighborhoods.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Other
Exterior
Total Parking Spaces 5
Building
New Construction No
Others
Tax ID 5521020011
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Listed by Matthew Chang • Keller Williams Realty Los Feliz
NEARBY SCHOOL & BUSINESS
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122