$ 4,995,000
-
$4,995,000
Price -
16
Bed -
25
Bath -
16,736
SqFt
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About the Listing X82195 - C137060
Investment Highlights: 30%+ Rental Upside, Half of units considerably under-market presenting a great opportunity to improve income. Repositioned + Value-Add ~50% of units upgraded with modern finishes, remaining units primed for cosmetic improvements. Walk Score of 92 "Walker's Paradise" designation with immediate access to shopping, transit, and Koreatown nightlife. Upgraded Systems New plumbing, electrical panels and windows help to reduce future CapEx exposure. RUBS Implementation: Recovers water/sewer and trash expenses for most renovated units. Large Corner Lot situated on a double lot located on the corner of Mariposa Ave and 4th Street. This quiet residential pocket is blocks from 6th St and Koreatown's commercial core. 24 Parking Spaces Provides plenty of rare off-street parking advantage in a dense, transit-friendly urban core. LAR4 Zoning Adds long-term development or repositioning options in a rapidly evolving corridor.
Listing Highlights
Status
Active
Days on Site
30
Property Type
Multi-Family
MLS ®
26654767
Year Built
1956
Total Square Footage
16,736
Lot/Acreage
0.35
County
Los Angeles
Interior Details
- Bedrooms: 16
- Bathrooms: 25 Full
- Appliances:
- Air Cond: Wall/Window,Ceiling Fan
- Heating: Wall
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 24
- Zoning: LAR4
- Roof:
- Others: Updated/Remodeled
- Sewer:
- Parking Features: Gated,Shared Driveway,Side By Side,Covered Parking
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
400 S Mariposa Ave Los Angeles, CA 90020
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