***Great Potential with R3 Lot Featuring Two Houses!*** Located at the corner of Mariposa Ave and Council St. in the highly sought-after Korea Town area, this R3-zoned property boasts two houses with great potential. Each home features its own unique address, driveway, garage, and laundry facilities. 201 Mariposa Ave has 3 bedrooms, 1.5 bathrooms and 4109 Council St has 2 bedrooms, 1 bathroom. This is an excellent opportunity for developers or investors, as the R3 zoning opens the door to potential apartment unit projects. The property’s prime location, just one block south of Beverly Blvd, offers convenient access to local businesses and public transportation, making it an ideal rental spot. The property also benefits from good current and potential future rental income, with all utility meters individually set for both homes.
Property Details
Price:
$1,300,000
MLS #:
PW24246076
Status:
Active
Baths:
0
Address:
201 N Mariposa Avenue
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Dec 7, 2024
State:
CA
ZIP:
90004
Lot Size:
6,076 sqft / 0.14 acres (approx)
Year Built:
1922
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Schools
Interior
Exterior
Community Features
Urban
Garage Spaces
2.00
Lot Features
Corner Lot
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Tenant Pays
All Utilities
Map
Community
- Address201 N Mariposa Avenue Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
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Courtesy of OneTop Realty. 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.
201 N Mariposa Avenue
Los Angeles, CA
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