739 N Mariposa Ave - Apartments FOR SALE


Los Angeles, CA 90029- East Hollywood
$3,500,000 USD
972-467-6536
739 N Mariposa Ave, Los Angeles, CA for Sale
$3,500,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

739 N Mariposa Ave
Los Angeles, CA 90029
East Hollywood


OVERVIEW

JUST LISTED: 739 N Mariposa Ave | Los Angeles, CA 90029 Offered at $3,500,000 Turnkey 1031 exchange perfection—delivered vacant and stabilized at a 6% cap rate. Built in 2020, this contemporary green-certified luxury five-plex offers approx. 9,454 sq. ft. of living space and presents investors the rare opportunity to step into a brand-new, cash-flowing asset in one of LA’s fastest-growing neighborhoods. The property features five townhouse-style homes, each thoughtfully designed across three stories with private two-car garages, open floor plans, and abundant natural light from floor-to-ceiling windows. Modern kitchens are equipped with high-end stainless steel appliances, gas ranges, dining islands, and white quartz countertops, while luxe bathrooms feature custom tile and designer finishes. Each unit offers 3 bedrooms and 3 bathrooms, including a flex-room on the main living floor, plus in-unit laundry and central air. The entire property is gated with controlled access, security cameras, and separate utility meters for water, gas, and electric—plus an owner’s meter for exterior and irrigation. With no deferred maintenance, investors can plug directly into stable income while enjoying the flexibility of a vacant delivery. Ideally located minutes from DTLA, Silver Lake, and Hollywood, the property sits in the center of major new development and revitalization, surrounded by mixed-use projects, creative offices, and institutional anchors like Netflix, Sunset Gower Studios, and Kaiser Permanente’s expansion campus. This is a rare chance to acquire a 9,454 sq. ft., new-construction luxury multifamily asset with immediate income, growth potential, and prime positioning in one of Los Angeles’ most exciting submarkets. Please reach out if you would like additional information regarding this opportunity! Shane@mosescommercial.com BRE#02007841

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$467 USD /SF

# OF UNITS

5

PRICE/UNIT

$700,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2021

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

LARD1.5

APN/PARCEL ID

5538-005-010

ASK ABOUT THIS PROPERTY

Shane MosesMoses Commercial, IncMore Info
972-467-6536

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Shane MosesMoses Commercial, IncMore Info
972-467-6536

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