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200 N Mariposa Ave
Los Angeles, CA 90004
38% Upside | Low $/SF | Seismic Completed · Multifamily Property For Sale · 6 Units

INVESTMENT HIGHLIGHTS

  • Excellent Repositioning Opportunity – Current Rents Approximately 38% Below Market
  • All Seismic Retrofit Repairs Completed in 2022 (Buyer to Verify)
  • Corner Lot Zoned R3 with a Tier 3 TOC Designation
  • Outstanding Location Nestled Between Koreatown, Silver Lake, Hancock Park, and Hollywood
  • Attractive Price per Square Foot Compared to Similar Available Listings
  • Tenants Enjoy Convenient Access to Trendy Walkable Neighborhoods of Larchmont Village and Virgil Village

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 4,922 SF
Average Occupancy 100%
No. Stories 2
Year Built 1961
Zoning R3 - Multiple Dwelling Zone

AMENITIES

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 $1,430 -
2+2 2 $1,820 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5518-011-006
Land Assessment
$1,020,000
Improvements Assessment
$357,000
Total Assessment
$1,377,000
  • Listing ID: 30684332

  • Date on Market: 1/17/2024

  • Last Updated:

  • Address: 200 N Mariposa Ave, Los Angeles, CA 90004

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