We are proud present 1148 N Mariposa Ave located in the heart of one of the most desirable, up and coming neighborhoods in Los Angeles, Koreatown. This rare investment opportunity, consists of (12) One-Bedroom / One-Bathroom units all distributed within 6 cottage style buildings, sitting on a 13,000 sqft LARD1.5 Lot. All units have their own washer and Dryer hook-ups as well as individual gas and electric meters. This property performs at a current cap rate of 3.78% and a pro-forma cap rate at 7.49% offering an investor substential rental upside.
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, Listed on
YOHANN BENSIMON, License# 01966630,
MARCUS & MILLICHAP
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This 12 bedroom Multi-Family home
for sale in Hollywood, CA
is currently listed for $2,450,000.
Featuring a lot size of 12,999 Sq. Ft.,
1148 N Mariposa Ave
was built in 1921 and
has been on ERA.com for 29 days.
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