1214 S Mariposa Avenue

Los Angeles, CA 90006

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,360 Sqft
  • 5906
    Sqft(Lot)
$1,800,000

Description

1214 south mariposa avenue is a charming seven-unit property offering 3,360 rentable square feet on a 5,904-square-foot lar3-zoned lot. the property features seven one-bedroom, one-bathroom units, with four units fully remodeled and currently vacant. each unit is detached, averaging approximately 480 square feet, and individually metered for gas and electricity, with separate water heaters for added convenience.

three of the seven units are scheduled to be vacant, presenting a unique opportunity for a new owner to customize occupancy.

located in the rapidly growing koreatown neighborhood, this property benefits from proximity to pico boulevard and normandie avenue on a street experiencing significant improvements. residents enjoy easy access to koreatown's vibrant dining, shopping, entertainment, and employment opportunities, as well as nearby hotspots in hollywood and downtown los angeles.

boasting a "walker's paradise" walk score of 92, the location allows most daily errands to be completed on foot. nearby attractions include monty's good burger, park's bbq, california marketplace, and an array of local eateries and bars.

with ongoing development and revitalization in the area, 1214 south mariposa avenue offers significant value-add potential. a new owner can reposition the vacant units, select tenants, and further enhance the property’s appeal.

this property, located within the city of los angeles, is subject to rent control regulations, making it a compelling acquisition for investors seeking a combination of stable income and growth potential.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48136908

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Property Appliances: Dryer

    Energy

    • Green Energy: Appliances

  • Building Information

    • Year Built: 1917
    • Building Area Total: 3,360

    Pool Features

    • None

    Laundry Features

    • Gas Dryer Hookup,Laundry Closet

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1356
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5906

  • Listing Price Information

    • Original List Price: 1,800,000
    • Listing Contract Date: 2024-12-17

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5078034024

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C17 - Mid-Wilshire
    • Postal Code Plus 4: 3222
    • Directions: North of Pico Boulevard and east of Normandie Avenue.., between Olympic Blvd. & Pico Blvd.
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: C17 - Mid-Wilshire
    • Property SubType: Condominium

    Building and Construction

    • Property Age: 107
    • Common Walls: No Common Walls
    • Structure Type: Condominium
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 12/25/2024 @ 02:32

  • MLS: PW24251716
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 3,360 sqft, 5,906 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 Los Angeles , in zip code 90006, this Los Angeles County Home are nearby neighborhoods.