USACALos Angeles932 S Mariposa Ave
932 S Mariposa Ave, Home with 5 bedrooms, 16 bathrooms and null parking in Los Angeles CA | Image 1
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$2,625,000

932 S Mariposa Ave, Los Angeles, CA

Real Estate

For Sale

$--,---,---
5160
  • Key Facts
  • Description
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Key Facts

Type 
Levels Residential Income
Size 8496 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 0
Approx. Age 1925
Avg. Price Per Sqft $308
MLS® Number 25568039

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present a sixteen (16) unit apartment building located at 932 S Mariposa Avenue in Los Angeles, California. The subject property is located in an ideal Koreatown location, south of Wilshire Boulevard and west of Vermont Avenue. This well-maintained 16-unit multifamily property offers an excellent unit mix consisting of twelve (12) studios, three (3) one-bedroom units, and one (1) spacious two-bedroom unit - ideal for attracting a wide range of tenants. One (1) unit will be delivered vacant, presenting immediate leasing. With solid remaining rental upside, investors can benefit from long-term value growth. The gated property features attractive curb appeal, easily maintained landscaping, a security system, and an on-site laundry room for added tenant convenience. There is a communal balcony on the second floor, and ample street parking is available. Ideally located in the heart of Koreatown, the property provides dominant access to major commercial corridors such as Vermont Ave, Normandie Ave, Western Ave, and Wilshire Blvd. With a strong in-place cash flow reflected by a 7.18% cap rate and a prime centralized location in the heart of Koreatown, this property presents a compelling investment opportunity for buyers seeking both stability and long-term growth potential in one of Los Angeles' most active markets.Show Description
MLS® Number25568039
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1925
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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