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923 N Mariposa Avenue

Los Angeles, CA 90029
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Bed 21

Bed

Bath 27

Bath

SqFt9,350

Sqft

SqFt9,003

Sqft(Lot)

A rare opportunity to acquire a newly constructed nine unit multifamily property in the heart of Hollywood. The property is comprised of six expansive 3 bed / 4 bath tri-level townhomes and three ADUs, offering projected annual rental income of approximately $403,200 and an over 5% projected cap rate. The property combines strong income potential with the benefits of newer construction and long term rental appeal. Designed with a level of detail rarely found in traditional multifamily construction, the residences offer generous floor plans and elevated finishes throughout. Interiors feature Tundra marble countertops, custom cabinetry, premium kitchen appliances, in unit washers and dryers and individually designed bathrooms with hand selected tile, glass shower enclosures and Calacatta mar ble vanities. Oversized windows bring in abundant natural light while private balconies and expansive living spaces give the townhomes a more residential feel. The exterior is equally considered with smooth stucco, wood inspired cladding, expansive glazing, architectural lighting and landscaped grounds. Separate utility metering and newer building systems provide additional ease of ownership and help position the property as a compelling long term investment. Ideally located near some of Hollywood's best dining, shopping and entertainment, the property offers a rare combination of scale, design, income and turnkey appeal in one of Los Angeles' most active rental markets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $5,795,000

AD Id : 89475636

MLS Id : 26869087

Beds : 21

Lot Size : 9,003 Sqft

Living Area Size : 9,350

Year Built : 2023

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 21

    Bathroom Information

    Total Baths: 27
  • Interior Features

    Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2023
    Building Area Total: 9350
    Private Pool: No

  • Lot Information

    Lot Dimensions: 50x180 Main Square Feet: 9003 Lot Size Acres: 0.2067 Lot Size Square Feet: 9,003

  • Listing Price Information

    Listing Price: $5795000

  • Tax Information

    Parcel Number: 5538004011

  • Location Information

    Direction: West of Vermont, South of Santa Monica Blvd.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1209 Hyperion Avenue, Los Angeles, CA, 90029 $1,129,000 -- -- 2,945 2,945 SqFt
1125 Sanborn Avenue, Los Angeles, CA, 90029 $1,769,000 3 3 1,977 1,977 SqFt
4308 Gateway Ave, Los Angeles, CA, 90029 $1,950,000 -- -- 3,444 3,444 SqFt
4326 Gateway Avenue, Los Angeles, CA, 90029 $1,675,000 4 -- 3,237 3,237 SqFt
905 Sanborn Avenue, Los Angeles, CA, 90029 $1,900,000 8 8 5,977 5,977 SqFt
832 Hyperion Avenue, Los Angeles, CA, 90029 $2,250,000 10 6 4,785 4,785 SqFt
1000 Myra Avenue, Los Angeles, CA, 90029 $1,695,000 3 3 1,513 1,513 SqFt
1222 N Virgil Avenue, Los Angeles, CA, 90029 $998,000 3 3 1,865 1,865 SqFt
760 N Arthur Road, Los Angeles, CA, 90029 $1,995,000 3 3 2,538 2,538 SqFt
4523 Lexington Avenue, Los Angeles, CA, 90029 $1,075,000 3 2 1,184 1,184 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/14/2026 @ 12:16

MLS: 26869087 LISTED BY: Kane Kaijun Lim, The Oppenheim Group, Inc. 310-990-6656 SOURCE: CRMLS

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