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$2,400,000

Beds
10
sq ft
4,168

1142 S Mariposa Ave, Los Angeles, CA 90006

1142 S Mariposa Ave

Los Angeles, CA 90006

  • 12 days on market
Located in the vibrant and sought-after Koreatown neighborhood, this beautifully designed 4-unit residential income property is an exceptional investment opportunity. With a current cap rate of 4.34% and a projected cap rate of 5%, this property offers comfort, convenience, and strong potential returns for investors. Fully Tenant Occupied All 4 units are currently leased, providing immediate rental income. Automatic Gated Entrance offers enhanced security and privacy for tenants. Each unit includes a refrigerator, washer and dryer, microwave, dishwasher, and oven range perfect for attracting quality tenants. Enjoy proximity to an array of trendy shops, restaurants, and entertainment options, making it a highly desirable location for renters. This is your chance to own and live in a revenue-generating property in one of Los Angeles' most vibrant neighborhoods. Whether you're looking for a strong investment or a home with rental income potential, this property is not to be missed!

Details

Property type

Lot size

5,906 sq ft

Price per sq ft

$576

Year built

2016

HOA

No

Price History

03/17/2025
CLAW

CLAW #25512643

Listed
$2,400,000
-7.69%
02/09/2025
CLAW

CLAW #24375201

Removed
$2,600,000
04/02/2024
CLAW

CLAW #24375201

Listed
$2,600,000
+459.14%

Schools & Community

Neighborhood: 

Harvard Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Status: Active

Tomo last checked: 03/31/2025 at 7:20 AM

Listing updated: 03/20/2025 at 7:31 PM

Listed by: Rira Joo, Coldwell Banker Exclusive

MLS: CLAW #25512643

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