978 S Mariposa Ave - Apartments FOR SALE


Los Angeles, CA 90006- Koreatown
$3,150,000 USD
626-940-6865
978 S Mariposa Ave, Los Angeles, CA for Sale
$3,150,000 USD
Apartments - FOR SALE
1/18
null | 4.28% Cap Rate

978 S Mariposa Ave
Los Angeles, CA 90006
Koreatown


HIGHLIGHTS

  • Located near Koreatown surrounded by numerous shopping, dining, and entertainment venues
  • Complex consists of good mix of studios, one, and two bedroom units each featuring high ceilings, high end interior design and own washer/dryer
  • No rent control, room for increased rents, units consistently in demand so easy to rent out

OVERVIEW

Built in 2017, this 7 unit apartment complex is located near Koreatown and is surrounded by numerous shopping, dining, and entertainment venues. This complex has a good mix of studios, one bedroom, and two bedrooms units. Each unit features high ceilings, high end interior design quality, and their own washer and dryer. This apartment does not have rent control and there is room for increased rents. These units are consistently in demand so they are easy to rent out.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$661 USD /SF

# OF UNITS

7

PRICE/UNIT

$450,000

CAP RATE

4.28%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2017

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R4-1

APN/PARCEL ID

5078-003-016

ASK ABOUT THIS PROPERTY

Thomas LoThomas Iping Lo, BrokerMore Info
626-940-6865

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Thomas LoThomas Iping Lo, BrokerMore Info
626-940-6865

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