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East Hollywood Redevelopment Opportunity
For Sale
$1,025,000

4458 Maplewood Ave, Los Angeles, CA 90004

R3 zoned lot in high-growth Los Angeles submarket.

Property Size1,909 SF
Days on Market82

Property Features for 4458 Maplewood Ave

General Information

Standard status Active
Size 1,909 SF
Property subtype Investment

Building Details

Building Size 1,909 SF
Year Built 1924
Stories 2
Units 2
Listing Agency: REALTY MASTERS & ASSOCIATES
Listed By: Zoram Luna · License #01743140
Source: Elliman
Added: May 20 Changed: Aug 8 Last Checked: Jul 16 at 6:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALTY MASTERS & ASSOCIATES

Investment Insights

Based on property information with market context.

Located in the East Hollywood/Mid-Wilshire corridor of Los Angeles, this property presents an investment opportunity. Situated on a generously sized lot with R3 Multiple-Unit Zoning, the property offers redevelopment opportunities. The current zoning may allow for the development of 8 or more units, but buyers should independently verify this with the City of Los Angeles. This property is suited for investors seeking to reposition and convert the property into a multifamily apartment development. The surrounding area is experiencing increasing rental demand, ongoing development activity, and rising market values. The property also offers flexibility as a long-term hold investment for buyers not immediately pursuing redevelopment. The property is vacant and ready for immediate acquisition and repositioning. The location has a walk score of 91, indicating it is a 'Walker's Paradise'. The bike score is 68, indicating it is 'Bikeable'. The transit score is 59, indicating 'Good Transit'. The property is to be sold 'AS-IS, WHERE-IS'.

Key Highlights

  • R3 Multiple‑Unit Zoning offers redevelopment opportunities for 8+ units (buyer to verify).
  • Located in the rapidly evolving East Hollywood/Mid‑Wilshire corridor, a prime location.
  • Vacant and ready for immediate acquisition and repositioning.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,271
Businesses Nearby

Demographics for 90004, CA

58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - R3 zoned lot in high-growth Los Angeles submarket.
Where is this residential land & home lot located?
The property is located at 4458 Maplewood Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: R3 Multiple‑Unit Zoning offers redevelopment opportunities for 8+ units (buyer to verify).; Located in the rapidly evolving East Hollywood/Mid‑Wilshire corridor, a prime location.; Vacant and ready for immediate acquisition and repositioning.
More about this property
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