1213 Mariposa Street

Glendale, CA 91205

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,958 Sqft
  • 7550
    Sqft(Lot)
$1,249,000

Description

Glendale - 5 units - fixer - cash or hard money only. incredible opportunity, amazing price for a real five unit building. fix and save. prime glendale adams hill/adams square multi unit fixer. huge upside potential!! first time on the market in 25+ years. under market rents – tremendous possibilities. zoned glr4yy. five units total plus a converted garage studio. breakdown is as follows: one - 3 bedroom/2 bath front house (vacant). one - 1 bedroom/1 bath unit (leased). three separate studio units (two on month to month and one gutted/vacant), plus a converted garage studio (will be delivered vacant after coe). one of the studio units is vacant and gutted, and ready to be renovated. newly updated 1 bed/1 bath unit - just redone (see new pics). lots of room for improvement. three total structures on the lot. please do not disturb tenants or go on property. front house built in 1912 - middle units built in the 1950's with a brand new roof installed on building 2 - with the stand alone unit built in 1960's. do not miss your chance!! active rents at this time are approximately $3787 total per month but this does not include newly vacant front house (which will easily double incoming rents), plus detached studio. cash/hard money or very strong downpayment only as this is will require a commercial loan because it is 5 units.

  • Property Type

    Residential Income
  • County

    Los Angeles
  • Style

    Residential Income
  • AD ID

    48137408

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer
  • Building Information

    • Year Built: 1912
    • Building Area Total: 2,958

    Pool Features

    • None

    Laundry Features

    • Common Area
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1733
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7550
  • Listing Price Information

    • Original List Price: 1,249,000
    • Listing Contract Date: 2024-12-06

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 5676029011
  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Water
  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: 628 - Glendale-South of 134 Fwy
    • Postal Code Plus 4: 5600
    • Directions: Mariposa between Palmer and Cypress
    • Zoning: GLR4YY
    • Source Property Type: Residential Income
    • Area: 628 - Glendale-South of 134 Fwy
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 112
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
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BuyOwner last updated this listing 12/21/2024 @ 22:11

  • MLS: BB24244859
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 2,958 sqft, 7,550 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Glendale , in zip code 91205, this Los Angeles County Home are nearby neighborhoods.