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2922 Maple Avenue, Los Angeles, California 90011, Los Angeles, - bed, bath

home-pic
ACTIVE$1,299,000
2922 Maple Avenue, Los Angeles, California 90011
0Bed
0Bath
4,412Sqft
4,804.11Lot
Year Built
1903
Close
-
List price
$1.3M
Original List price
$1.4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
DW25124184
Home ConditionFair
Features
View-

About this home

HUGE PRICE REDUCTION, MOTIVATED SELLER, SEND US YOUR OFFER DON’T BE SHY, ALL OFFERS WILL BE REVIEWED!! DONT MISS OUT ON THIS COMPELLING INVESTMENT OPPORTUNITY! Located in one of Los Angeles fastest-growing neighborhoods. This well-maintained mixed-use property sits on a high-visibility corner lot near USC and BMO Stadium, offering outstanding accessibility and exposure. The property features two spacious apartments on the second floor, each with attractive views, providing excellent rental appeal for residential tenants. This property is fully occupied with good tenants, The ground level presents a versatile space suitable for a storefront, office, or small business, enhancing the property’s income-generating potential. This area is undergoing significant revitalization, with new developments and infrastructure improvements driving increased demand and property values. The neighborhood's rapid transformation makes this an ideal time to invest, whether you're an experienced investor seeking a stable asset with upside potential or a first-time buyer looking for a property with both residential and commercial components. With strong rental income, room for growth, and a location poised for appreciation, this Maple Avenue property represents a rare opportunity to acquire a cash-flowing asset in a prime Los Angeles location.

Nearby schools

5/10
Dolores Huerta Elementary School
Public,•K-5•0.1mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.4mi
/10
Maple Primary Center
Public,•K-1•0.4mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.5mi
3/10
Trinity Street Elementary School
Public,•K-5•0.6mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.7mi
5/10
San Pedro Street Elementary School
Public,•K-5•0.9mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.9mi
2/10
Harmony Elementary School
Public,•K-5•1.0mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.0mi
4/10
Norwood Street Elementary School
Public,•K-5•1.2mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.3mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.3mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•1.4mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.5mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.6mi
2/10
John W. Mack Elementary School
Public,•K-5•1.6mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.8mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•2.0mi
4/10
John Adams Middle School
Public,•6-8•0.3mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•0.5mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.1mi
3/10
George Washington Carver Middle School
Public,•6-8•1.2mi
2/10
John Muir Middle School
Public,•6-8•2.7mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.7mi
5/10
Santee Education Complex
Public,•9-12•0.6mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.2mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.2mi
3/10
Manual Arts Senior High School
Public,•9-12•1.6mi
4/10
West Adams Preparatory High School
Public,•9-12•1.9mi

Price History

Date
Event
Price
10/02/25
Price Change
$1,299,000
06/13/25
Listing
$1,399,000
11/23/04
Sold
$340,000
Condition Rating
Fair
The property was built in 1903, making it over 120 years old. While the description states it is 'well-maintained,' the interior images, particularly the kitchen, show significant signs of age and outdated features. The kitchen has older white cabinets, dated granite-style countertops, an older black gas range, and worn tile flooring, along with an outdated fluorescent light fixture. The bedroom features worn carpet and dated paint. Some areas have newer laminate/LVP flooring, but overall, the property appears to have had updates likely 15-30 years ago, fitting the 'aged but maintained' criteria for a 'Fair' score. It is functional but requires substantial cosmetic and system updates to meet current quality standards.
Pros & Cons

Pros

Strategic Mixed-Use Zoning: The property's mixed-use nature, featuring two residential apartments and a versatile ground-level commercial space, provides diversified income streams and resilience against market fluctuations.
High-Demand Location: Situated on a high-visibility corner lot near USC and BMO Stadium in a rapidly revitalizing and fast-growing Los Angeles neighborhood, ensuring strong demand and excellent exposure.
Immediate Cash Flow & Full Occupancy: Fully occupied with good tenants, generating strong rental income from day one, making it an attractive cash-flowing asset for investors.
Significant Appreciation Potential: Located in an area undergoing substantial revitalization and infrastructure improvements, positioning the property for considerable long-term value appreciation.
Recent Price Reduction: A substantial price reduction from the original listing indicates a motivated seller and potentially a more attractive entry point for buyers.

Cons

Advanced Age of Structure: Built in 1903, the property is over a century old, which likely entails higher ongoing maintenance, potential for outdated infrastructure (plumbing, electrical, HVAC), and significant capital expenditure requirements for modernization or repairs.
Potential for High Operating Costs: Older mixed-use properties can incur higher operating costs due to age-related inefficiencies, maintenance demands, and potentially higher insurance premiums.
Complexity of Mixed-Use Management: Managing both residential and commercial tenants, along with differing lease structures and regulatory requirements, can be more complex and time-consuming than single-use properties.

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