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(323) 864-4211
Linda Roth Burrell
514 S Mariposa Ave, Los Angeles, CA 90020
- $3,700,000
- 17
- BD
- 19
- BA
- 12,294
- SqFt
- List Price
- $3,700,000
- MLS#
- 26844845
- Year Built
- 1960
- Bedrooms
- 17
- Bathrooms
- 19
- Living Sq. Ft
- 12,294
- Lot Size
- 11,254
- Days on Market
- 120
- Property Type
- Multifamily
- Stories
- 2
Property Description
Twelve of the nineteen units have been fully renovated to a high-end specification, quartz countertops, stainless appliances, split-system A/C, hardwood-style flooring, and updated baths. The remaining units present a clear, repeatable renovation path with approximately 20% rental upside. At full market rents the cap rate expands from 6.02% to 8.96%, one of the most compelling current-to-market spreads available in mid-market Koreatown.
Additional Information
- Other Buildings
- None
- Kitchen Features
- Quartz Counters
- Pool Description
- None
- Heat
- Wall
- Cooling
- Ceiling Fan, Wall/Window
- Number of Cars in Garage
- Covered Parking, Driveway Gate, Gated
- Water
- Mutual Water Source
Mortgage Calculator
Courtesy of Lyon Stahl Investment Real Estate, Inc., Mark Ventre - CA DRE#01811490
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