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$ 2,400,000
Est. payment /mo
New
1142 S Mariposa AVE Los Angeles, CA 90006
10 Beds
10 Baths
4,168 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,168 sqft
Price per Sqft $575
MLS Listing ID 25512643
Bedrooms 10
HOA Y/N No
Year Built 2016
Lot Size 5,906 Sqft
Property Description
Located in the vibrant and sought-after Koreatown neighborhood, this beautifully designed 4-unit residential income property is an exceptional investment opportunity. With a current cap rate of 4.34% and a projected cap rate of 5%, this property offers comfort, convenience, and strong potential returns for investors. Fully Tenant Occupied All 4 units are currently leased, providing immediate rental income. Automatic Gated Entrance offers enhanced security and privacy for tenants. Each unit includes a refrigerator, washer and dryer, microwave, dishwasher, and oven range perfect for attracting quality tenants. Enjoy proximity to an array of trendy shops, restaurants, and entertainment options, making it a highly desirable location for renters. This is your chance to own and live in a revenue-generating property in one of Los Angeles' most vibrant neighborhoods. Whether you're looking for a strong investment or a home with rental income potential, this property is not to be missed!
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Central
Cooling Central Air
Flooring Laminate, Wood
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Laundry Stacked
Exterior
Parking Features Private
Community Features Gated
Total Parking Spaces 10
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5078021018
Security Features Gated Community
Special Listing Condition Standard
Listed by Rira Joo • Coldwell Banker Exclusive