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    Redevelopment Opportunity in East Hollywood Title is generated by Realmo AI

    4458 Maplewood Avenue, Los Angeles, CA 90004

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    Claim this Listing
    New
    For Sale
    $1,075,000

    Single Family Residence - Los Angeles, CA

    Type:Single Family Residence
    Property size:
    1,909 SF
    Lot size:
    6,523.00 Acres
    Price / SF:
    $563/SF
    Added:
    May 21, 2026
    Days on Market:
    2
    Last Refresh:
    May 22 at 5:06 pm

    Property Features for 4458 Maplewood Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    R-3
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Laundry, Living Room
    Parking
    1
    Parking features
    Driveway, Paved or Surfaced, RV
    Interior features
    Ceiling Fan(s), Parking, Window Features: Blinds
    Exterior features
    Fence, Community Features Included: Curbs, Street Lights, Urban, Storm Drains, Sidewalks, Treed Lot, Paved, Landscaped, Front Yard, Back Yard, Lawn, Yard
    Fencing
    Fenced
    Appliances
    Cooktop, Cooktop - Gas, Oven - Gas, Refrigerator
    Standard status
    Active
    APN
    5521021013
    Size
    1,909 SF
    Lot size
    6,523.00 Acres

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Year built
    1924
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Tile, Wood
    Architectural style
    Other

    We can help!

    Listing Contact
    Zoram Luna
    Zoram Luna

    Listing agent Zoram Luna License #01743140

    Listing office REALTY MASTERS & ASSOCIATES 10681 Foothill Blvd. #140A, Rancho Cucamonga, CA

    Listing date May 21, 2026

    MLS# CV26109329 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • R3 Multiple‑Unit Zoning offers substantial redevelopment opportunities, potential for 8+ units (buyer to verify).
    • Located in the rapidly evolving East Hollywood/Mid‑Wilshire corridor, a high‑growth rental market.
    • Vacant and ready for immediate acquisition and repositioning.
    • Generously sized lot presents significant upside potential for investors and developers.
    • Ideal for value‑add investors seeking strong long‑term cash flow and appreciation.
    • Flexibility as a long‑term hold investment for buyers not immediately pursuing redevelopment.

    Overview

    Located in the East Hollywood/Mid-Wilshire corridor of Los Angeles, this property presents an investment opportunity. Situated on a lot with R3 Multiple-Unit Zoning, the property offers redevelopment opportunities. The current zoning may allow for the development of 8 or more units. It is suited for a value-add investor seeking to reposition 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 property is to be sold "AS-IS, WHERE-IS!". The lot size is approximately 0.149 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.30158
    Latitude
    34.07981

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    FAQs

    What type of property is this?
    Residential land & home lot - R3 zoned lot in a rapidly evolving Los Angeles corridor.
    Where is this residential land & home lot located?
    The property is located at 4458 Maplewood Avenue Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,075,000.
    What are key features of this property?
    This property features: R3 Multiple‑Unit Zoning offers substantial redevelopment opportunities, potential for 8+ units (buyer to verify).; Located in the rapidly evolving East Hollywood/Mid‑Wilshire corridor, a high‑growth rental market.; Vacant and ready for immediate acquisition and repositioning.
    (909) 725-3339
    We can help!
    Listing Contact
    Zoram Luna
    Zoram Luna
    Real Estate License ID: 01743140
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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