This Multifamily Property is no longer advertised on LoopNet.com.
923 N Mariposa Ave
Los Angeles, CA 90029
ULTRA-PREMIUM NEW CONST. QOZ HOLLYWOOD 6-UNIT · Multifamily Property For Sale · 6 Units
![923 N Mariposa Ave, Los Angeles, CA for sale - Building Photo - Image 1 of 1](https://images1.loopnet.com/i2/NVOo-ZhA-tUiaGcj4WfcdTNTKLS8CZer2mOwmc-YWR8/110/923-N-Mariposa-Ave-Los-Angeles-CA-Building-Photo-1-Large.png)
INVESTMENT HIGHLIGHTS
- QUALIFIED OPPORTUNITY ZONE! Major tax benefit! (consult CPA).
- Potential to add 3 ADU’s, which would generate approximately $72,000 in gross income per year. Seller will build if buyer desires for added cost.
- Dream 1031 exchange opportunity. Ready to close soon!
- Excellent pro forma cap rate of 5.58%!
- Each and every finish was upgraded, from upscale cabinetry and custom 7.5 ft doors to cherry-picked tiles and vanities in each bathroom.
- An unheard of 14 PARKING SPACES on site- truly unheard of.
PROPERTY FACTS
No. Units | 6 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.21 AC |
Building Size | 8,367 SF |
No. Stories | 3 |
Year Built | 2023 |
Parking Ratio | 1.67/1,000 SF |
UNIT AMENITIES
- Balcony
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Oven
- Tub/Shower
- Handrails
- Island Kitchen
- Vinyl Flooring
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
3+3.5 | 1 | $5,250 | 1,359 |
3+3.5 | 1 | $5,000 | 1,359 - 13,599 |
3+3.5 | 1 | $4,900 | 1,365 |
3+3.5 | 1 | $4,900 | 1,365 |
3+3.5 | 1 | $4,900 | 1,460 |
3+3.5 | 1 | $4,900 | 1,460 |
LINKS
PROPERTY TAXES
Parcel Number | 5538-004-011 | Improvements Assessment | $1,009,392 |
Land Assessment | $1,416,712 | Total Assessment | $2,426,104 |
ZONING
Zoning Code | LARD1.5 |
Listing ID: 28930816
Date on Market: 7/6/2023
Last Updated:
Address: 923 N Mariposa Ave, Los Angeles, CA 90029
The East Hollywood Multifamily Property at 923 N Mariposa Ave, Los Angeles, CA 90029 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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