Los Angeles, CA 90029 1002 N Mariposa Ave
$4,825,000
0 more
Presented By: Chase Simonton with RE/MAX One
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 11.16 GRM and 5.46% cap 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 Ave
Bedrooms
Total Bedrooms28
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths28
Other Interior Features
Air Conditioning Y/NNo
Heating Y/NNo
Total Stories2
General for 1002 N Mariposa Ave
Cap Rate5.23
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market61
DirectionsSouth of Santa Monica Blvd and East of Normandie Ave.
Gross Income432352
HOA / Comm AssnNo
HeatingNone
LevelsTwo
Lot Size Square Feet19329
Lot Size UnitsSquare Feet
MLS AreaC20 - Hollywood
Net Operating Income261150
New ConstructionNo
NumberOfUnitsTotal28
Property TypeResidential Income
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Year Built1924
ZoningLAR3
Exterior for 1002 N Mariposa Ave
Building Area Total22368
Lot Size Acres0.4437
Lot Size Area19329
Number of Buildings1
Parking FeaturesNone
Total Parking0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480