Available For Sale - Multifamily

5,903 SF | Show Pricing $

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LISTED BY

MUTOOF® ‍
MUTOOF®, 424-666-8133

AVAILABILITY DETAILS

Size
5,903 SF
Price/SF
Show Pricing $
Listing ID
SA553550
Notes
MUTOOF® is pleased to present 1147 S Mariposa Ave, Los Angeles, CA 90006. Prime location for all owner-occupants, investors, and developers. Triplex on over ±5,903 SF lot in the heart of Koreatown. Huge value-add opportunity 16.20% upside in rents. Upside redevelopment potential State Enterprise Zone and TOC (Transit Oriented Communities) Tier 3 location that allows increased residential density (R3-1 zoning). Exceptional triplex featuring updated interiors, plumbing, and electrical systems. The property offers hardwood floors, spacious living rooms, formal dining rooms, and a private entrance. Ample parking at both the front and back.



Prime location near major transit stops, highways (I-10, I-110 & U.S. Route 101), shopping centers, entertainment, and nightlife. Just three miles west of Downtown Los Angeles, and four miles south of Hollywood. The subject property consists of total three (3) units totaling ±1,913 SF on a sizable ±5,903 SF lot. Mix of total one (1) 2beds/2baths unit and two (2) 1bed/1bath units. The triplex property to be sold "as-is" with the tenants and can be delivered vacant. DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer.



Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.
Uses
Multifamily

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
MUTOOF® ‍, MUTOOF®
BRE# DRE #02158256