$1,420,000
$1,499,999
5.3%For more information regarding the value of a property, please contact us for a free consultation.
1211 S Mariposa AVE #3 Los Angeles, CA 90006
5,906 Sqft Lot
Key Details
Sold Price $1,420,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MB23032684
Sold Date 06/21/23
HOA Y/N No
Year Built 1968
Lot Size 5,906 Sqft
Property Sub-Type Apartment
Property Description
It is our pleasure to present 5-unit multi-family property in PICO-UNION. This 5-unit investment property is located in a highly desirable neighborhood where there is tremendous rental potential. The upside of the property is that 3 of 5 units are leased while 2 are currently owner occupied but the 2 units will be delivered vacant upon close of escrow. Opportunity to maximize returns with 5 units at market rents. The owner recently completed with the City of Los Angeles and the Soft Story Retrofit. Tenants enjoy the comfort of being conveniently located to transportations and access to freeways. The property is well maintained with many updates and upgrades in recent years, including double pane windows, exterior paint. Laundry room on-site. Private parking for all units. Don't miss out on this excellent opportunity for investment! It won't last long!
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR3
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Gas Oven
Laundry Common Area
Exterior
Parking Features Carport
Carport Spaces 4
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected
Total Parking Spaces 9
Private Pool No
Building
Lot Description Yard
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5078035003
Energy Description 100.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Kathy Lee Dream Realty Asset Mgt, Inc.
