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Los Angeles, CA 90029 1002 N Mariposa Avenue

$5,095,000

1002 N Mariposa Avenue Los Angeles, Ca - Image 11002 N Mariposa Avenue Los Angeles, Ca - Image 21002 N Mariposa Avenue Los Angeles, Ca - Image 3
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1002 N Mariposa Avenue Los Angeles, Ca - Image 4
Presented By: Chase Simonton with RE/MAX One;
  • MLS# 24381493
  • 04/18/2024
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  • BedBeds • 28
  • BathBaths • 28
  • FootageSQFT • 22,368

Home Details

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.
Presented By: Chase Simonton with RE/MAX One;

Interior Features for 1002 N Mariposa Avenue

Bedrooms

Total Bedrooms28

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths28

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixAvenue
Total Stories2

General for 1002 N Mariposa Avenue

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.04
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market8
DirectionsSouth of Santa Monica Blvd and East of Normandie Ave.
Garage Y/NNo
Gross Income428752.0
HOA / Comm AssnNo
HeatingNone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet19329.0
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income159301.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameMariposa
Total Units28
View Y/NNo
Waterfront Y/NNo
Year Built1924
ZoningLAR3

Exterior for 1002 N Mariposa Avenue

Building Area Total22368.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.4437
Lot Size Area19329.0
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesNone
SpaNo
Total Parking0.0

Additional Details

Price History

1527188455

First Team Client Services

Price $5,095,000
MLS#24381493
List Date 04/18/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors