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4504 Maplewood Ave, Los Angeles, CA 90004

List Price: $1,189,000On Market FlagOn market
Aug 12, 20252,108 sqft4 beds4 baths
Listed by: Matthew Chang
License #: 01963056
Phone #: 949-232-5881
Keller Williams Realty Los Feliz
Source:
CRMLS Logo
MLS #: 25577259

Property Description

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 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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$21,867

TurboHome Estimated Value

$1,323,400

$628 sqft

High Valuation
$1,389,570
$659/sqft
Normal Valuation
$1,323,400
$628/sqft
Low Valuation
$1,257,230
$596/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$628/sqft$1,323,400

Neighborhood: Mid Wilshire

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Comparative Value

$950K

$1.16M

$1.19M

$1.24M

$1.60M

5057 Maplewood Ave 304, Los Angeles, CA 90004

Sale Price: $950,000

Selected Comparable

5134 Melrose Ave, Los Angeles, CA 90038

Sale Price: $1,155,000

Selected Comparable

4504 Maplewood Ave, Los Angeles, CA 90004

List Price: $1,189,000

Subject Property

115 N Manhattan Pl, Los Angeles, CA 90004

Sale Price: $1,240,000

Selected Comparable

681 S Norton Ave 104, Los Angeles, CA 90005

Sale Price: $1,260,000

Selected Comparable

725 N Heliotrope Dr, Los Angeles, CA 90029

Sale Price: $1,600,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4504 Maplewood Ave, Los Angeles, CA 90004

4504 Maplewood Ave, Los Angeles, CA 90004

List: $1,189,000

Listed: 8/12/2025

Area:2,108 sqft
Price/sqft:$564
Beds:4
Baths:4
Year Built:
Lot Size:6,231

Comparable Properties

COMPARABLE
Choose comps
681 S Norton Ave 104, Los Angeles, CA 90005

681 S Norton Ave 104, Los Angeles, CA 90005

Sale: $1,260,000

6/27/20251.56 mi

Area:2,227 sqft
Price/sqft:$566
Beds:4
Baths:4
Year Built:
Weight:25.9%
5134 Melrose Ave, Los Angeles, CA 90038

5134 Melrose Ave, Los Angeles, CA 90038

Sale: $1,155,000

4/1/20250.60 mi

Area:1,763 sqft
Price/sqft:$655
Beds:3
Baths:4
Year Built:
Weight:19.6%
115 N Manhattan Pl, Los Angeles, CA 90004

115 N Manhattan Pl, Los Angeles, CA 90004

Sale: $1,240,000

9/26/20240.59 mi

Area:1,866 sqft
Price/sqft:$665
Beds:3
Baths:4
Year Built:
Weight:19.3%
725 N Heliotrope Dr, Los Angeles, CA 90029

725 N Heliotrope Dr, Los Angeles, CA 90029

Sale: $1,600,000

3/11/20250.53 mi

Area:2,925 sqft
Price/sqft:$547
Beds:4
Baths:3
Year Built:
Weight:18.0%
5057 Maplewood Ave 304, Los Angeles, CA 90004

5057 Maplewood Ave 304, Los Angeles, CA 90004

Sale: $950,000

3/28/20250.60 mi

Area:1,860 sqft
Price/sqft:$511
Beds:3
Baths:3
Year Built:
Weight:17.3%

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