1250 N Mariposa Avenue, Los Angeles, CA 90029

$2,400,000

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List Agent Rickird Rey Ramirez () 818-941-2990 Ally Commercial Real Estate; CoList ()

List Price
$2,400,000
Status
ACTIVE
MLS#
DW26111998
Year Built
1930
Lot Size
6,500
Lot Location
6-10 Units/Acre, Rectangular Lot
Days on Market
68
Property Type
Multifamily
Style
Spanish
Property Sub Type
Mixed Use
Stories
Two Levels

Property Description

This multifamily property is an attractive asset with a total of seven residential units. The property features a mix of well-designed and spacious one- and two-bedroom units, each equipped with updated amenities that contribute to the overall charm of the Spanish style architecture and offer comfortable living spaces for tenants. Features include: well-maintained units, outdoor common areas and the building has been run by a professional management company. Situated in the heart of Los Angeles, the property benefits from its prime location. The neighborhood offers convenient access to a wide array of amenities, including restaurants, shopping centers, entertainment venues, and public transportation options. Its proximity to major freeways and employment hubs makes it an appealing choice for tenants seeking easy commutes and access to urban conveniences. Investors will find numerous opportunities for income generation and long-term growth with this multifamily property. The strong rental market in Los Angeles, combined with the property's desirable location, ensures a high demand for quality housing. The potential for rental income growth and appreciation make this an attractive investment for both seasoned and new investors looking to expand their portfolios.

Additional Information

Appliances
Gas Oven, Gas Water Heater
Pool Description
None
Heat
Floor Furnace, Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Roof
Shingle
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.