Exceptional income property in the heart of Koreatown! 4504 & 4506 W Maplewood Ave offers two well-maintained units on a large 6,231 sq ft lot, with current rents at market rates and multiple opportunities to add value. The front unit spans approximately 1,300 sq ft and features 2 spacious bedrooms… Read More and 2 bathrooms, an open living and dining area, and a bright, updated kitchen. The rear unit is approximately 800 sq ft and also offers 2 bedrooms and 2 bathrooms, providing versatility for tenants or an owner-user setup.A detached garage sits at the rear of the property, creating the perfect opportunity to convert to an ADU for additional rental income or to serve as a private guest suite. The generous lot size also opens the door for possible new construction or redevelopment, making this an ideal choice for investors, developers, or those seeking to maximize returns in one of Los Angeles' most dynamic neighborhoods.Situated on a quiet, tree-lined street, the property is surrounded by an endless array of dining, coffee, and shopping destinations. Enjoy world-class Korean BBQ, craft coffee at local favorites like Go Get Em Tiger, boutique bakeries, and diverse restaurants offering flavors from around the globeall within minutes. Nearby Larchmont Village, DTLA, and Hollywood add even more options for entertainment, culture, and nightlife.Commuters and renters alike will appreciate the easy access to the Wilshire corridor, Metro Purple Line stations, and major freeways, connecting you to the rest of the city with ease. With strong rental demand, vibrant surroundings, and built-in expansion potential, this property is a rare find in a high-demand rental market. Whether you're looking to hold as a steady income producer, add units through ADU conversion, or develop a new project, 4504 & 4506 W Maplewood Ave delivers on location, lifestyle, and long-term upside. Read Less
Property listed by Keller Williams Realty Los Feliz, Matthew Chang 323-300-1000
Listing Snapshot
Days Online
51
Last Updated
Property Type
Other
Beds
4
Square Ft.
2,108
Lot Size
0.14 Acres
Year Built
1922
MLS Number
25586107
30 Days Snapshot Of 90004
$2.20M
-18%
(avg) sold price
18
+50%
homes sold
84
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher
Building
Built in 1922, Building area total: 2,108, Levels: One, Living area: 2108, 1 story, 1 building
Cooling
CentralAir
Heating
Central
Income
Gross income: $6,600, Net operating income: $75,600
Laundry
Stacked
Lot
0.1431 acres, 6,233 square feet, Size: 6,233
Parking
3 open parking spaces, 5 totals parking, Uncovered
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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