Built in 1987, this 9-unit apartment building stands as an excellent investment opportunity in the heart of vibrant Los Angeles. Nestled within a bustling urban center, it offers a quiet and well-maintained space, appealing to seasoned investors and newcomers alike. Conveniently situated near major transportation hubs, shopping centers, dining hotspots, and cultural attractions, the property boasts an unbeatable location. Each unit is thoughtfully designed to maximize space and comfort, featuring light-filled rooms and stylish finishes. With a diverse mix of unit sizes, there's something to suit every tenant's needs. On-site amenities enhance the overall living experience, ensuring long-term tenant satisfaction. With a strong rental history and potential for further income growth, this investment property presents an exceptional opportunity to capitalize on the thriving rental market in one of the world's most populous cities. Don't miss your chance to own a piece of prime real estate in this sought-after neighborhood. Schedule a viewing today to seize the opportunity to add this lucrative asset to your investment portfolio. Bonus: Not a Rent Stabilized Property!! Contact Agent regarding loan assumability!!
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1987
Stories: 2
Living Area: 7,475 SqFt
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (310) 230-3700
Listing Agent: Jessica Schrobilgen
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 15
Exterior Features
Parking Information:
Parking: Controlled Entrance, Covered
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
School Info
Assigned Schools Information:
Fairfax Senior High School, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Joseph Le Conte Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Van Ness Avenue Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: North of Beverly, South of Melrose, East of Wilton, West of Western
Price Information
Listing Price Info
Price Summary:
List Price: $3,950,000
Price Per SqFt: $528/SqFt
Tax Information:
Annual Amount: $33,998
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.9M more than the Median Sold Price and $104/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24386727
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (310) 230-3700
Listing Agent: Jessica Schrobilgen
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/18/2024, 2:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 03, 2016
Jun 03, 2016Home Sold
$2,550,000
Dec 30, 2011
Dec 30, 2011Home Sold
$1,560,000
Oct 24, 2007
Oct 24, 2007Home Sold
$1,800,000
Feb 25, 2000
Feb 25, 2000Home Sold
$243,000
Nov 05, 1999
Nov 05, 1999Home Sold
$475,000
Mar 31, 1988
Mar 31, 1988Home Sold
$650,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$33,998
$2,788,795
2020
$32,993
$2,760,201
2019
$32,826
$2,706,080
2018
$32,080
$2,653,020
2017
$32,080
$2,601,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Van Ness Avenue Elementary School
501 N Van Ness Ave
Distance between this listing and this school0.31 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school2.01 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school20.50 miles
Public Magnet Grades 1-5
Middle School
4
/10
Joseph Le Conte Middle School
1316 N Bronson Ave
Distance between this listing and this school1.07 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school4.56 miles
Public District Grades 6-8
High School
7
/10
Fairfax Senior High School
7850 Melrose Ave
Distance between this listing and this school2.82 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school6.37 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school13.36 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
Van Ness Avenue Elementary School
501 N Van Ness Ave
Distance between this listing and this school0.31 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school2.01 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school20.50 miles
Public Magnet Grades 1-5
Assigned Schools
4
/10
Joseph Le Conte Middle School
1316 N Bronson Ave
Distance between this listing and this school1.07 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school4.56 miles
Public District Grades 6-8
Nearby Schools
6
/10
Citizens of The World Charter
1316 N Bronson Ave
Distance between this listing and this school1.07 miles
Public Charter Grades KG-8
Assigned Schools
7
/10
Fairfax Senior High School
7850 Melrose Ave
Distance between this listing and this school2.82 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school6.37 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school13.36 miles
The neighbors living near this home have an average income of $41,927. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4942 Maplewood Ave
What is the listing price of this property?
The listing price of 4942 Maplewood Ave property is $3,950,000.
What type of property is this?
The property 4942 Maplewood Ave is a house located in Los Angeles, California, 90004.
Is this property for sale now?
Active Listing: 4942 Maplewood Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 4942 Maplewood Ave are: Van Ness Avenue Elementary School: GreatSchools Rating 5/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Academy For Enriched Sciences: GreatSchools Rating 9/10Joseph Le Conte Middle School: GreatSchools Rating 4/10Studio: GreatSchools Rating 4/10Fairfax Senior High School: GreatSchools Rating 7/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $33,998 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 3, 2016 for $2,550,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 4942 Maplewood Ave has 15 bedrooms and 9 bathrooms.
What is the square footage of this property?
The property 4942 Maplewood Ave is 7,475 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4942 Maplewood Ave is 1987.
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This home is located at 4942 Maplewood Ave in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This 7,475 square foot home, which was built in 1987, sits on a 0.17 acre lot. Features: 15 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $3,950,000.
In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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