730 N Mariposa Ave - Apartments FOR SALE
Los Angeles, CA 90029 |
730 N Mariposa Ave
Los Angeles, CA 90029
HIGHLIGHTS
- Current Ownership has Completed Extensive Renovations to the Common Area and 25% of Units
- Investors Will Have an Excellent Opportunity to Continue These Improvements in the Remaining Units and Capture an Estimated 44% Upside
- Brand New Construction Surrounds The Marc Demonstrating the Influx of New Capital Pouring Into the Neighborhood
- Located in a Designated Opportunity Zone and May Be Eligible for Preferential Tax Treatment
- New Ownership has an Opportunity to Add Additional Units Through the State’s Favorable Accessory Dwelling Unit (ADU) Program
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
28 Units Value-Add in East Hollywood
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
20358
STORIES
2
YEAR BUILT
1963
PARKING SPACES
30
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5538-007-030
