1002 N Mariposa Avenue

Los Angeles, CA 90029

PRICE REDUCED

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-$270,000 (-5.30%)

$4,825,000

List Price

28

bed Beds

28

shower Baths

22,368 sqft

straighten / sqft

1924

calendar_month Built

Property Description

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.

Listing Information

List Price $4,825,000
Status Active
MLS 24381493
Type Residential Income
Year Built 1924
Lot Size 19,329
Structure Size 22,368
DOM 195
Courtesy Of RE/MAX One
Listing Agent Chase Simonton DRE#01766871

Interior Features

Total Bedroom
Bedrooms 28
Total Bathroom
Bathrooms 28
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Chase Simonton, RE/MAX One 310-383-5927. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 29th, 2024 at 7:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.