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1148 North Mariposa Avenue, Los Angeles, CA 90029

$2,450,000 Approx. USD 12 beds, 12 baths
8,400 sqft

Agent Remarks

We are proud present 1148 N Mariposa Ave located in the heart of one of the most desirable, up and coming neighborhoods in Los Angeles, Koreatown. This rare investment opportunity, consists of (12) One-Bedroom / One-Bathroom units all distributed within 6 cottage style buildings, sitting on a 13,000 sqft LARD1.5 Lot. All units have their own washer and Dryer hook-ups as well as individual gas and electric meters. This property performs at a current cap rate of 3.78% and a pro-forma cap rate at 7.49% offering an investor substential rental upside.

Listing Details

Property type: (Multi-Family)
Status: Backup Offer
MLS# 16-165904
List price is $2,450,000
Beds: 12
Baths: 12
Built in 1921
8,400 sqft
County: Los Angeles
Zoning: LARD2
Parking type: None
Appliances: None
Heating description: Other
MLS area: Hollywood (C20)

Last Updated: 11/1/2016

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This listing belongs to the Hollywood (C20) MLS area

The listing is zoned LARD2.
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Lat/Long: 34.092449, -118.299118.
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Broker: Courtesy of Marcus & Millichap
Listing Agent: Yohann Bensimon

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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