1002 Mariposa Avenue , Los Angeles, CA - 90029 is For Sale

  • 24381493
  • 24381493
  • 24381493
  • 24381493
  • 24381493
$5,095,000· Income property

Description

1002 N Mariposa Ave is a beautiful 28-unit courtyard property located in the heart of Hollywood. Consisting of all large units, 25 of the 28 units are two bedrooms. Asking only 11.8 GRM with LOW LOW rents, this offers a new investor approximately 60% upside potential. Please do not disturb the tenants as the building is fully occupied.

Features

MLS#: 24381493
List Price : $5,095,000
Total Units : 28
CAP rate : $5.04
Gross Operating Income : $428,752
Net Operating Income : $159,301
Sq M : 1,796 M2
Year Built : 1924
Days on market : 15 Days
Gross taxes : N/A
Address : 1002 Mariposa Avenue
City : Los Angeles
State : CA
Zip Code : 90029
Neighborhood : N/A
Stories : 2
Parking Features : None
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $5,095,000
Acres : 0.4437
Lot Size (Acres) : 0.4437
Heating : None
Parking Features : None
Cooling : None
Driving Directions : South of Santa Monica Blvd and East of Normandie Ave.
 
Courtesy of : Chase Simonton , RE/MAX One

Location

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