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

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

PROPERTY TAXES

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