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 Details
Price:
$2,600,000
MLS #:
24375201
Status:
Active
Baths:
0
Address:
1142 S Mariposa Avenue
Type:
Residential Income
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Apr 1, 2024
State:
CA
ZIP:
90006
Lot Size:
5,906 sqft / 0.14 acres (approx)
Year Built:
2016
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Schools
Interior
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Cooling
Central Air
Flooring
Wood, Laminate
Heating
Central
Interior Features
Ceiling Fan(s)
Exterior
Parking Features
Private
Parking Spots
9.00
Security Features
Gated Community
Stories Total
2
Financial
Map
Community
- Address1142 S Mariposa Avenue Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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Courtesy of Coldwell Banker Exclusive. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1142 S Mariposa Avenue
Los Angeles, CA
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