4575 Maplewood Ave
Los Angeles, CA 90004
The Maplewood Apartments · Multifamily Property For Sale
·
10 Units
Property Facts
| No. Units | 10 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 8,616 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.39/1,000 SF |
| Zoning | LAR3 - LAR3 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,616 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | LAR3 - LAR3 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- Public Transportation
About 4575 MAPLEWOOD AVE , LOS ANGELES, CA 90004
JUST LISTED: Maplewood Apartments in Koreatown (Renovation Opportunity - Same Owner for 40+ Years) Iconic Investments is pleased to present its newest listing in LA’s flourishing Koreatown submarket: The Maplewood Apartments at 4575 Maplewood Ave. This prominent mid-century design was built in 1961 and has been in the hands of the same owners for 40 years. The unit mix is two studio units, two one-bedroom/one-bath units, and six two-bedroom/one-bath units. *Virtually no updates or renovations done on the building, represents a blank slate for a renovation-minded investor. *Ability to remodel and update the units to attract higher-paying tenants who are moving to Koreatown for its hip vibe, cultural diversity, and walkability. *Excellent unit mix of majority 2 Bedroom units. The Maplewood Apartments is situated in LA's Koreatown neighborhood. This area — north of Beverly Blvd and south of Melrose Ave.— was previously overlooked by developers and apartment hunters. Now there are new numerous construction projects being built and proposed. PROPERTY TOURS WILL HELD THE WEEK OF APRIL 16th, 2018 -- DO NOT DISTURB TENANTS
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 500 |
| 1+1 | 2 | - | 750 |
| 2+1 | 6 | - | 950 |
Property Taxes
| Parcel Number | 5521-010-013 | Improvements Assessment | $1,174,438 |
| Land Assessment | $2,749,377 | Total Assessment | $3,923,815 |
Property Taxes
