• 1142 S Mariposa Avenue Los Angeles, CA 90006

  • $2,600,000
  • 10
    Bed(s)
  • 0
    Baths
  • 4,168
    Sq Ft
  • 5906
    Sqft
  • Listed By: Rira Joo, Coldwell Banker Exclusive, DRE #02163852
  • Source: CRMLS

Nestled in the vibrant neighborhood in the Heart of Koreatown Los Angeles, this beautiful income investment property comprising 4 well designed units is a prime residential income building that seamlessly combines comfort, convenience, and potential lucrative returns for investors. Step inside the front unit and be greeted by a warm and inviting atmosphere. The automatic gated entrance offers a sense of security and privacy. All stainless appliances including refrigerator, washer and dryer, microwave, dishwasher and oven range are included in each unit. This property offers endless possibilities as residents can enjoy easy access to a myriad of shops and restaurants nearby, making it a prime location for renters. Front unit will be delivered vacant, offering flexibility for the owner to live in one unit and collect passive income to cover your mortgage. Don't miss your chance to own and live in a strong revenue generating property in the heart of Koreatown, Los Angeles. Projected Cap Rate 5.1%.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 10

Bathroom Information

Total Baths: 10

Full Baths: 0

Half Baths: 0

Interior Features

Interior Features: Ceiling Fan(s)

Property Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer

Flooring: Laminate,Wood

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Building Information

Year Built: 2016

Building Area Total: 4,168

Security Features

Gated Community

Laundry Features

Stacked

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1356

Lot Size Dimensions: 46x128

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 5906

Listing Price Information

Original List Price: 2,600,000

Listing Contract Date: 2024-04-01

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5078021018

Garage and Parking

Garage Description: Private

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C17 - Mid-Wilshire

Postal Code Plus 4: 3208

Directions: South of Olympic, East of Normandie

Zoning: LAR3

Source Property Type: Residential Income

Area: C17 - Mid-Wilshire

Building and Construction

Property Age: 8

Year Built Source: Vendor Enhanced

Total Square Feet Living: 4168

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1637 S Vermont Avenue, Los Angeles, CA,90006 $2,600,000 -- -- -- 12750 Sqft
1833 W Pico Boulevard, Los Angeles, CA,90006 $1,350,000 -- -- -- 6247 Sqft
980 S Oxford Avenue #403, Los Angeles, CA,90006 $770,000 3 2 1,324 15497 Sqft
1661 S Normandie Avenue, Los Angeles, CA,90006 $1,200,000 2 1 3,396 6208 Sqft
1421 Courtland Avenue, Los Angeles, CA,90006 $900,000 -- -- 2,087 3941 Sqft
1144 Elden Avenue, Los Angeles, CA,90006 $3,000,000 18 -- 9,758 7000 Sqft
1138 S Mariposa Avenue, Los Angeles, CA,90006 $1,499,000 8 -- 4,064 5904 Sqft
1125 S Lake Street, Los Angeles, CA,90006 $968,000 9 4 4,117 8579 Sqft
943 S Normandie Avenue #1, Los Angeles, CA,90006 $420,000 1 1 338 4140 Sqft
1217 S Kingsley Drive, Los Angeles, CA,90006 $890,000 3 -- 1,597 5899 Sqft

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ByOwner last updated this listing 05/16/2024 @ 13:46

MLS: 24375201
LISTED BY: Rira Joo, Coldwell Banker Exclusive
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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