1250 N Mariposa Ave - Apartments FOR SALE


Los Angeles, CA 90029- Little Armenia
$2,600,000 USD
818-941-2990
1250 N Mariposa Ave, Los Angeles, CA for Sale
$2,600,000 USD
Apartments - FOR SALE
1/9
null | 5.67% Cap Rate

1250 N Mariposa Ave
Los Angeles, CA 90029
Little Armenia


HIGHLIGHTS

  • Gated and Secured Entry
  • Updated Electrical and 6/7 units have been upgraded

OVERVIEW

Property Overview: The multifamily property at 1250 N Mariposa Ave is an attractive asset with a total of 7 residential units. The property features a mix of well-designed and spacious one- and two-bedroom units, each equipped with updated amenities that contribute to the overall charm of the Spanish style architecture and offers comfortable living spaces for all tenants. Investment Potential: Investors will find numerous opportunities for income generation and long-term growth with this multifamily property. The strong rental market in Los Angeles, combined with the property's desirable location, ensures a high demand for quality housing. The potential for rental income growth and appreciation make this an attractive investment for both seasoned and new investors looking to start or expand their portfolios.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$199 USD /SF

# OF UNITS

7

PRICE/UNIT

$371,429

CAP RATE

5.67%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,650 SF

ZONING

R3

APN/PARCEL ID

5540-004-003

ASK ABOUT THIS PROPERTY

Rick RamirezAlly Commercial Real EstateMore Info
818-941-2990

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Rick RamirezAlly Commercial Real EstateMore Info
818-941-2990

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.