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8-Unit Courtyard Apartment Building
For Sale
$1,925,000

4934 Maplewood Ave, Los Angeles, CA 90004

Two-story residential asset with a varied unit mix and gated carport parking.

Property Size7,094 SF
Lot Size0.17 Acres
Price / SF$271.36
Days on Market49

Property Features for 4934 Maplewood Ave

General Information

Standard status Active
Size 7,094 SF
Lot size 0.17 Acres
Property subtype MULTI_FAMILY
Zoning LAR3
Occupancy 100%

Site & Location

Neighborhood Larchmont

Units

Unit Mix 6 x 1BR/1BA, 2 x 2BR/1.5BA
Multifamily Units 8

Building Details

Building Size 7,094 SF
Year Built 1961
Buildings 1
Stories 2
Construction courtyard-style
Listing Agency: Redpoint Realty
Listed By: Jae Chang · License #01752717
Source: Carolinakramer
Added: Sep 10 Changed: Oct 26 Last Checked: Oct 27 at 1:29AM

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 Redpoint Realty

Rey
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Investment Insights

Based on property information with market context.

This 8-unit apartment property is a two-story courtyard-style building constructed in 1961. The approximately 7,094-square-foot structure sits on a 7,261-square-foot LAR3-zoned lot and includes six one-bedroom, one-bath residences plus two two-bedroom, one-and-a-half-bath units. Gated carport parking serves the property, which is currently fully occupied.

The asset is positioned near Hancock Park, Larchmont Village, Windsor Square, and the retail corridors along Melrose and Western Avenues. Residents have access to nearby shops, cafes, and boutiques, with Koreatown, Hollywood, and Downtown Los Angeles also within convenient reach. The property has a Walk Score of 92/100.

In-place rents are below prevailing market levels for the submarket, providing an established operating base as leases roll over. The combination of full occupancy, an eight-unit configuration, and a varied floor plan mix supports continued multifamily use.

Key Highlights

  • 8‑unit apartment building with 100% occupancy
  • Approximately 7,094 square feet on a 7,261 square foot lot
  • Six one‑bedroom/one‑bath units and two two‑bedroom/one‑and‑a‑half‑bath units

Property Analytics

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Lease Details

8
Residential units
100%
Occupancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two-story residential asset with a varied unit mix and gated carport parking.
Where is this apartment building located?
The property is located at 4934 Maplewood Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: 8‑unit apartment building with 100% occupancy; Approximately 7,094 square feet on a 7,261 square foot lot; Six one‑bedroom/one‑bath units and two two‑bedroom/one‑and‑a‑half‑bath units
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