Los Angeles, CA 90006 1142 S Mariposa Avenue

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Presented By: Rira Joo with Coldwell Banker Exclusive;
  • MLS# 24375201
  • 04/02/2024
  • Request Tour
  • Request Info
  • BedBeds • 10
  • BathBaths • 10
  • FootageSQFT • 4,168

Home Details

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%.
Presented By: Rira Joo with Coldwell Banker Exclusive;

Interior Features for 1142 S Mariposa Avenue

Bedrooms

Total Bedrooms10

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths10

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringLaminate, Wood
Heating Y/NYes
Laundry FeaturesStacked
Street SuffixAvenue
Total Stories2

General for 1142 S Mariposa Avenue

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Attached Garage No
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CoolingCentralAir
CountyLos Angeles
Days on Market34
DirectionsSouth of Olympic, East of Normandie
Garage Y/NNo
Gross Income135120.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5906.0
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income108920.0
New ConstructionNo
Open Parking Spaces3.0
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameMariposa
Total Units4
View Y/NNo
Waterfront Y/NNo
Year Built2016
ZoningLAR3

Exterior for 1142 S Mariposa Avenue

Building Area Total4168.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions46x128
Lot Size Acres0.1356
Lot Size Area5906.0
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesPrivate
SpaNo
Total Parking9.0

Additional Details

Price History

1527188455

First Team Client Services

Price $2,600,000
MLS#24375201
List Date 04/02/2024
Property Type Multi-Family
Phone 714.964.3311
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